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, Logistics

NFI Buys Ontario Logistics Firm

Trucking and supply chain firm NFI Industries said Tuesday it has acquired IPD, a global transportation and logistics company based in Mississauga, Ontario, Canada.

June 22, 2010
Government, Business

Senate Bill Targets Employee Misclassification

A Senate bill that supporters said would make it easier for federal regulators to catch employers who misclassify their employees as independent contractors also would help ensure a “level playing field in the marketplace,” a top official with the Department of Labor told a Senate panel.

Eric Miller | Senior Reporter
June 22, 2010
Business

Existing Home Sales Fall in May

Sales of existing home fell 2.2% in May, the National Association of Realtors said Tuesday.

June 22, 2010
Government, Business

N.Y. Lawmakers Propose State Version of ‘Jason’s Law’

A bill in the New York State Legislature would create a system of loans and tax incentives for businesses willing to build safe parking facilities for truck drivers.

Michele Fuetsch | Staff Reporter
June 22, 2010
Business, Logistics, Equipment

Wabash Begins Production on 350 Reefers for Frozen Food Express

Trailer maker Wabash National Corp. said it has begun production on 350 new refrigerated van trailers for Frozen Food Express Industries, to be completed by September.

June 22, 2010
Government, Business

Obama Touts 10,000th Infrastructure Project

President Obama touted the 10,000th road project funded by last year’s American Recovery and Reinvestment Act at an event Thursday in Columbus, Ohio.

Caitlin Bronson | Special to Transport Topics
June 22, 2010
Business, Fuel

Diesel Rises 3.3¢ to $2.961, Marking First Gain in Six Weeks

Diesel and gasoline both rose for the first time in six weeks, with diesel gaining 3.3 cents to $2.961 a gallon, the Department of Energy said.

June 22, 2010
Business

Rush to Sell Construction Equipment Business

Truck dealership Rush Enterprises has signed an agreement to sell its John Deere construction equipment business for $37 million.

June 21, 2010
Business

Truck Tolls to Jump Next Year on S.F. Area Bridges

Passenger car tolls will rise July 1 on seven state-owned bridges that crisscross the San Francisco Bay, while truck tolls will jump a year and two years from then, according to the Bay Area Toll Authority.

June 21, 2010
Business, Fuel

Company Supplying LNG to SoCal Ports

Applied LNG Technologies said it is supplying liquefied natural gas to Speedy Fuel’s first LNG fueling station to serve the Ports of Los Angeles and Long Beach.

June 21, 2010