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 Volume Grows in First Quarter
Intermodal traffic volume gained 8.4% in the fourth quarter, an improvement over the fourth quarter’s decline of 6.4%, the Intermodal Association of North America said.
May 14, 2010Intermodal Traffic Increases for Week
Intermodal rail traffic continued its upward trend last week, rising 14% from the same week last year, the Association of American Railroads said.
May 13, 2010Feds Lifting Boston’s Hazmat Restrictions
Trucks carrying hazardous materials will be allowed to pass through Boston’s streets starting next week, after the Federal Motor Carrier Safety Administration lifted the city’s restrictions on hazmat movement, the Boston Globe reported Thursday.
May 13, 2010TNT, Con-way Freight Expand Partnership
Dutch-based package carrier TNT and Con-way Freight announced the expansion of their partnership to move freight between the United States and Europe, with new service at Los Angeles International Airport and Miami International Airport.
May 13, 2010Jobless Claims Decrease for Week
Initial jobless claims declined by 4,000 last week, the Labor Department said Thursday.
May 13, 2010Import Prices Rise 0.9% in April
The price of goods imported to the United States rose 0.9% in April, led by higher commodities prices, the Labor Department said Thursday.
May 13, 2010DOT Freight Index Sees First Year-to-Year Gain Since 2008
The Department of Transportation’s freight transportation services index rose 2.6% in March from a year ago, marking the first such increase since July 2008.
May 12, 2010Opinion: Calls to Restore Regulation Misguided
There have been calls for re-regulating transportation by testing applicants for Federal Motor Carrier Safety Administration operating authorities and broker licenses.
May 12, 2010Contrans' First-Quarter Income Rises
Contrans Group said its first-quarter earnings improved to $3.3 million, or 11 cents a share, from $1.4 million, or 5 cents, in the 2009 quarter.
May 12, 2010Accuride’s 1Q Loss Narrows
Accuride Corp., a manufacturer and supplier of commercial vehicle components, reported a net loss in its first quarter of $2.2 million, down from the $31.1 million it lost in the first quarter of 2009.
May 12, 2010