Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Volvo’s North American Deliveries Rise 65%
Volvo AB’s North American truck deliveries rose 65% in February from a year ago, the company said Wednesday.
March 16, 2011Rush Buys Atlanta Truck Dealership
Truck dealership Rush Enterprises said it has acquired an Atlanta area truck and bus dealership. Terms were not disclosed.
March 16, 2011Oil Rises Following Inventory Report
Oil rose modestly from a two-week low but remained under $100 a barrel Wednesday following a report that showed crude inventories rose last week.
March 16, 2011CalArk CEO Gorman Wins Women in Trucking Award
Rochelle Gorman, CEO of CalArk International, received the first Influential Woman in Trucking award this week at the Truckload Carriers Association meeting in San Diego.
March 16, 2011Housing Starts Drop 22.5% in February
Housing starts saw their largest drop since March 1984 in January, the Commerce Department said Wednesday.
March 16, 2011Producer Price Index Rises 1.6%
Prices paid to U.S. producers rose 1.6% in February, the Labor Department said Wednesday.
March 16, 2011Oil Drops $4 to Near $97 a Barrel
Oil prices dropped sharply Tuesday, declining $4 to near $97 a barrel on lower demand in Japan due to the big earthquake and subsequent nuclear crisis in that country, Bloomberg reported.
March 15, 2011February Import Prices Rise 1.4%
The price of goods imported to the United States rose 1.4% in February, the Labor Department said Tuesday.
March 15, 2011Comments to Hours-of-Service Rule Rewrite Top 20,000
The number of comments on the Federal Motor Carrier Safety Association’s proposed revised hours-of-service regulation has topped 20,000 — the most for any current rule being considered.
March 15, 2011Truckload Carriers Back Electronic Logging for HOS
The Truckload Carriers Association has voted to support the mandated use of “electronic logging devices” to ensure compliance with hours-of-service regulations.
March 15, 2011