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.
Durable Goods Orders Jump 3%
Durable goods orders jumped 3% in January, the Commerce Department said Thursday.
February 25, 2010Durable Goods Orders Jump 3%
Durable goods orders jumped 3% in January, the Commerce Department said Thursday.
February 25, 2010Jobless Claims Increase for Week
Initial jobless claims grew by 22,000 last week, the Labor Department said Thursday.
February 25, 2010Mullen’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, 2010Opinion: ‘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, 2010Snowstorm 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, 2010Expeditors’ 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, 2010Volvo 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, 2010New Home Sales Fall to Record Low
New home sales fell to a record low rate in January, the Commerce Department said Wednesday.
February 24, 2010Big 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