Business

About Business News...

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.

Business

UPS Freight Improves U.S.-Canada Freight-Lane Times

UPS Freight said Tuesday it has improved transit times between U.S. cities and Calgary and Edmonton, Alberta, Canada.

November 18, 2010
Business

Weekly Jobless Claims Rise 2,000

Initial jobless claims rose by 2,000 last week, the Labor Department said Thursday.

November 18, 2010
Business

YRC Files Motion to Dismiss ABF Suit

YRC Worldwide has filed a motion asking a court to dismiss a suit by rival less-than-truckload carrier ABF Freight System, and said separately it will close 31 terminals around the country to reorganize its network and trim costs.

November 17, 2010
Business

Volvo’s October North American Deliveries Rise 61%

Volvo AB’s North American heavy-duty truck sales rose 61% in October from a year ago, the company said Wednesday.

November 17, 2010
Business

Manufacturers’ Guidelines Vary for Filter Care

Heavy-duty trucks built in 2007 and later all have diesel particulate filters, but owners are still confronting perplexing decisions about their proper maintenance.

November 17, 2010
Business

Fleets Give Mixed Reviews Of DPF Performance

Some fleet maintenance managers say they have seen higher-than-expected failure rates from diesel particulate filters that cracked or melted before the first scheduled maintenance cleaning or replacement.

November 17, 2010
Business

Group Eyes Electronics to Help Truckers Park on I-81 Corridor

A Virginia Tech researcher said a group studying freight movement on Interstate 81 may create an electronic system to help direct truck drivers to available parking spaces, the Associated Press reported.

November 17, 2010
Business

October Housing Starts Fall 12%

Housing starts fell 12% in October to the lowest level since a record low was set a year and a half ago, the Commerce Department said Wednesday.

November 17, 2010
Business

Consumer Price Index Rises 0.2%

The consumer price index rose 0.2% in October, the Labor Department said Wednesday.

November 17, 2010
Business

Trimac Names Malysa President, Starting in 2011

Canadian transportation firm Trimac Income Fund Tuesday named Edward Malysa to be president and chief operating officer of Trimac Transportation Services, effective Jan. 1.

November 17, 2010