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

New Jobless Claims Hit Nine-Month High

Initial jobless claims filed last week hit the highest level since November, the Labor Department said Thursday.

August 19, 2010
Government, Business, Safety, Autonomous

Opinion: Savings, Security in the Cloud

Cloud computing is fast, reliable, inexpensive and swiftly growing in popularity — except in trucking.

August 19, 2010
Business

USA Truck Sets Rail Intermodal Container Service With BNSF

USA Truck has entered into a long-term agreement with BNSF Railway Co. to provide transport of private domestic intermodal containers.

August 18, 2010
Business, Fuel

Oil Declines to Near $75 a Barrel as Diesel Inventories Improve

Oil prices fell to near $75 a barrel Wednesday after earlier falling below $74 to the lowest intraday price since early July, Bloomberg reported.

August 18, 2010
Business

Fleets Receive New Options To Lease, Rent Chassis

The movement that is shifting chassis management responsibility to drayage carriers gathered more momentum this month, as a major lessor launched a plan aimed at fleets and the largest ocean carrier expanded a chassis rental program.

August 18, 2010
Business

YRC Logistics Rebranded as MIQ Logistics

YRC Worldwide’s logistics unit, which the carrier sold to a private equity firm, has been rebranded MIQ Logistics, and the new entity Wednesday named Joey Carnes its chairman and chief executive officer.

August 18, 2010
Business

Ocean Shippers Report Higher Profits

Ocean shipper and port operator A.P. Moeller-Maersk and Dubai-based ports operator DP World reported higher profits and said they expect improvement to continue this year, the Wall Street Journal reported Wednesday.

August 18, 2010
Business

Mexico to Expand Tariffs in Unresolved Cross-Border Trucking Dispute with U.S.

The Mexican government plans to expand its list of U.S. goods targeted for higher tariffs, as part of its retaliation for the U.S. government’s refusal to reopen the border to long-haul cross-border trucking.

Sean McNally | Staff Reporter
August 17, 2010
Business

Oshkosh Names New President of Commercial Truck Segment

Specialty truck maker Oshkosh Corp. Tuesday named Frank Nerenhausen to head its commercial segment, effective next week.

August 17, 2010
Business

Wal-Mart’s Profit Improves in Second Quarter

Wal-Mart Stores said Tuesday its second-quarter net income rose 3.6% and the retailer boosted its full-year earnings outlook.

August 17, 2010