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.
3Q Productivity Revised Upward to 2.3%
U.S. workers’ productivity rose at a 2.3% annual rate in the third quarter, higher than previously estimated, the Labor Department said Wednesday.
December 1, 2010Companies Add More Jobs Than Forecast, ADP Says
U.S. companies boosted payrolls by the most in three years in November, propelled by increased hiring at small businesses, according to a private report released Wednesday.
December 1, 2010CARB May Be Flexible on Reefer Retrofits
California environmental regulators have pledged to cut truckers some slack early next year while enforcing the state’s amended transport refrigeration unit rule that will require all refrigerated trucks and trailers be equipped with low emission TRU retrofits or engines on their 2003 trucks and trailers by Dec. 31.
Tolling Close on Washington State Bridge
When tolling starts sometime this spring on the State Route 520 Bridge across Lake Washington west from Seattle, trucks could pay from $2.40 to $14.50 each way to cross.
Idaho Panel Falls Short of Road-Funding Recommendations
A task force formed to address Idaho’s transportation funding shortfall has disbanded after 18 months of work without making any specific road-revenue-raising recommendations.
NAFTA Surface Trade Rises 19.3% in September
Surface transportation trade among the United States, Canada and Mexico rose 19.3% in September from a year earlier, the Department of Transportation said.
November 30, 2010Daimler Sees Higher Worldwide Truck Sales
Daimler AG’s truck unit’s return on sales could average as high as 8% in the next three years as worldwide markets rebound, the company said Tuesday.
November 30, 2010Patriot Transportation’s Profit Grows in 4Q
Tank and bulk carrier Patriot Transportation Holding said Tuesday it almost doubled its profit in its fiscal fourth quarter, compared with a year ago.
November 30, 2010Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region improved this month, showing continued expansion, the Institute for Supply Chain Management-Chicago said Tuesday.
November 30, 2010Consumer Confidence Improves in November
Consumer confidence rose in November, the New York-based Conference Board said Tuesday.
November 30, 2010