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.
The 2010 MCE
As the trucking industry gathers in Phoenix for American Trucking Associations’ annual meeting, the national economic climate is much improved from the gloom that surrounded last October’s meeting in Las Vegas.
October 17, 2010Preparations Under Way at UPS, FedEx for Holiday Surge in Shipping Demand
Officials with the largest package delivery companies said they are in the early stages of preparing themselves for the familiar flood of holiday shipments.
October 17, 2010Industry Gathers in Phoenix to Discuss Economy, Regulations, Future of Trucks
American Trucking Associations members gathering this week in Phoenix will meet to discuss economic recovery, the future of trucks and engines and the political and regulatory issues facing the industry.
October 17, 2010Class 8 Truck Sales Rise 21%
A strong surge by Freightliner Trucks helped lead heavy-duty U.S. retail truck sales to a 21% increase in September, the ninth straight month of improved Class 8 sales from last year, WardsAuto.com reported.
October 17, 2010Obama Again Calls for $50 Billion for Transport Infrastructure
President Obama last week pushed Congress to move forward with a $50 billion spending package for transportation infrastructure, his second such plea in five weeks.
October 17, 2010Purchase of EIS Makes McLeod Software Ready to Compete for LTL Business
McLeod Software’s purchase of Enterprise Information Solutions positions the No. 2 provider of enterprise software for motor carriers to compete for the first time for business from less-than-truckload companies — a trucking niche that appears hungry for new technology, vendors said.
October 17, 2010Diesel Jumps 6.6¢ to $3.066 a Gallon
Fuel prices surged for a second week as the U.S. retail diesel average hit $3.066 a gallon, 6.6 cents higher than a week ago, the Department of Energy reported.
October 17, 2010September Retail Sales Rise 0.6%
Retail sales rose 0.6% in September, the third straight increase, the Commerce Department said Friday.
October 15, 2010Oil Falls to Lowest Level in Two Weeks
Oil fell to its lowest level in two weeks Friday, dropping to near $81 a barrel, Bloomberg reported.
October 15, 2010Greatwide Expands Its Operations Center for Dedicated Carriage, New Software
Greatwide Logistics Services said Oct. 7 it has substantially increased the operations capacity and capabilities of its transportation operations center by implementing new software programs.
October 15, 2010