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.
P&G to Build Asia’s Largest Distribution Center
Procter & Gamble Co. said it has started construction on what will be Asia's largest distribution center, in Guangzhou, China.
September 10, 2010Wholesale Inventories Take Biggest Jump in Two Years
Wholesale inventories rose in July by the most in two years, the Commerce Department said Friday.
September 10, 2010Intermodal Traffic Rises 18% for Week
Intermodal traffic jumped 18% last week, the Association of American Railroads reported.
September 10, 2010Opinion: Trucking and Property Tax
All 50 states impose at least one form of annual property tax. Also known as an ad valorem tax, Latin for “according to value,” property taxes come in two types, real and personal.
September 10, 2010CVG Sets Mexican Facility to Supply Daimler Plants
Truck parts maker Commercial Vehicle Group will open a new facility in Saltillo, Mexico, as part of a new agreement with Daimler Trucks North America.
Truck-Related Fatalities Fall to Record Low
The number of people killed in large-truck crashes dropped 20% in 2009 to the lowest level on record, the National Highway Traffic Safety Administration said.
September 9, 2010DOT Freight Transport Index Rises in July
The Department of Transportation’s freight transportation services index rose 2.5% in July from a year ago, the fifth straight year-to-year gain, DOT said.
September 9, 2010U.S. Trade Deficit Narrows
The U.S. trade deficit narrowed in July following a record jump in June, the Commerce Department said Thursday.
September 9, 2010New Jobless Claims Decline for Week
Initial jobless claims fell by 27,000 last week, the third straight decline following a month of increases, the Labor Department said Thursday.
September 9, 2010Paccar Launches Engine Website
Paccar Inc. said Tuesday it has launched a website dedicated to providing customers and dealers with information about the company’s engines.
September 9, 2010