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.
Intermodal Traffic Continues Upward Trend
Intermodal traffic increased 16.9% last week from a year earlier, the Association of American Railroads said.
September 24, 2010Daimler Sees No Medium-Duty Sales Bubble in North America
HANOVER, Germany — There is no sales bubble coming soon for medium-duty trucks in North America, according to Martin Daum, president of Daimler Trucks North America.
September 23, 2010Chamber of Commerce Releases Transportation Performance Index
WASHINGTON — The U.S. Chamber of Commerce released a new transportation index Thursday that showed a multiyear decline in U.S. infrastructure.
Existing Home Sales Rise from Record Low
Sales of existing home rose in August from record low in July, the National Association of Realtors said Thursday.
September 23, 2010Leading Economic Indicators Gain 0.3%
An index of leading economic indicators improved in August, the New York-based Conference Board said Thursday.
September 23, 2010Jobless Claims Rise for Week
Initial jobless claims rose by 12,000 last week to 465,000, the Labor Department said Thursday.
September 23, 2010Iowa Issues Truck-Weight Exemption for Harvest Season
Iowa Gov. Chet Culver (D) has exempted weight limits on trucks for 60 days on carriers of farm products for the harvest season.
September 22, 2010Oil Price Slips as Inventories Improve
Oil prices fell Wednesday following a Department of Energy report that showed supplies of crude, gasoline and diesel all rose last week in contrast to economists’ forecasts, Bloomberg reported.
September 22, 2010FedEx Expands Overnight Services
FedEx Express said Wednesday it is expanding its domestic service offerings, including FedEx First Overnight, and is adding a Saturday overnight service.
September 22, 2010Oshkosh CEO to Retire at End of Year
Specialty truck maker Oshkosh Corp. said Wednesday that CEO Bob Bohn will retire at the end of this year and be succeeded by Charles Szews, the company's president and chief operating officer.
September 22, 2010