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, Government

Durable Goods Orders Jump 3%

Durable goods orders jumped 3% in January, the Commerce Department said Thursday.

February 25, 2010
Business, Government

Durable Goods Orders Jump 3%

Durable goods orders jumped 3% in January, the Commerce Department said Thursday.

February 25, 2010
Business

Jobless Claims Increase for Week

Initial jobless claims grew by 22,000 last week, the Labor Department said Thursday.

February 25, 2010
Business, Safety, Government, Logistics

Mullen’s Fourth-Quarter Income Improves

Canadian transportation firm Mullen Group said its fourth-quarter profit grew 56.3% to C$11.1 million or 14 cents per share, from C$7.1 million, or 9 cents per share, a year ago.

February 25, 2010
Business, Safety, Government, Autonomous

Opinion: ‘Spoliation of Evidence’ in Accident Litigation

For any trucking company that becomes the target of a personal injury action, “spoliation of evidence” may become a hidden danger that a defendant will need to avoid to be successful.

February 25, 2010
Business

Snowstorm to hit New England, Mid-Atlantic Thursday Evening

A winter storm will bring snow, rain and strong winds to much of New England and the northern mid-Atlantic Thursday evening and Friday, AccuWeather.com reported.

February 25, 2010
Business, Logistics

Expeditors’ 4Q Income Slips

Logistics firm Expeditors International of Washington’s fourth-quarter net income fell 11% to $69.1 million, or 32 cents a share, from $77.7 million, or 36 cents, a year ago.

February 24, 2010
Business, Autonomous

Volvo Plans Gradual Boost in Truck Production

Volvo AB said Wednesday it is “gradually increasing production rates” as truck sales to emerging markets improve.

February 24, 2010
Business, Government

New Home Sales Fall to Record Low

New home sales fell to a record low rate in January, the Commerce Department said Wednesday.

February 24, 2010
Government, Business, Technology, Equipment, Safety

Big Snowstorm Hits Texas, Tracks Toward Northeast

A winter storm that caused multiple traffic collisions in Texas on Tuesday is heading toward the Mid-Atlantic and Northeast, where it could dump a half-foot of snow on the already snow-drenched region, news services reported.

February 24, 2010