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.
DOT Freight Transport Index Drops 10.5% in October
The Department of Transportation’s freight transportation services index fell 10.5% in October from a year earlier, the largest such decline in the 20 years in which it has been calculated.
December 9, 2009DOT Freight Transport Index Drops 1.2%
The Department of Transportation’s freight transportation services index fell 10.5% in October from a year earlier, the largest October-to-October decline in the 20 years in which it has been calculated.
December 9, 2009Business Leaders More Optimistic on Sales Than Jobs
Two recent surveys have shown that chief executive officers, supply managers and small business leaders are optimistic that sales will increase next year, but they do not predict hiring to increase, Bloomberg reported.
December 9, 2009Wholesale Inventories Rise in October
Wholesale inventories rose in October for the first time in more than a year, the Commerce Department said Wednesday.
December 9, 2009High-Tech Scanners, Software Speed Sorting Times
Moving goods from warehouse shelves to trucks for delivery is a labor-intensive process. As a result, warehouse operators are using more high-tech scanners, robotic devices and new software to make the most of workers’ time.
December 9, 2009Midwest Snow Storm Headed for Northeast
A large snow storm continued to dump snow across much of the Midwest Wednesday and will reach New York and New England Thursday, the Associated Press reported.
December 9, 2009Greatwide Aims to Diversify with YRC’s Dedicated Assets
Greatwide Logistics’ purchase of YRC Worldwide Inc.’s U.S. dedicated contract carriage assets will expand and diversify its business into new geographical regions and markets, Chief Executive Officer Ray Greer said.
December 9, 2009HOS Work Under Way, FMCSA Official Says
WASHINGTON — A top regulator within the Federal Motor Carrier Safety Administration said the agency has begun its review of the truck driver hours-of-service rule and that it intends to complete its review by next July.
December 8, 2009Pa. Gov. Rendell Optimistic About Tolling I-80
Pennsylvania Gov. Ed Rendell (D) told Transport Topics he believed the federal government would approve his state’s application to toll Interstate 80.
December 8, 2009DOE Boosts 2010 Diesel Price Forecast by 2¢ to $2.96 a Gallon
Retail diesel fuel will average $2.96 a gallon next year, 2 cents higher than a previous forecast, the Department of Energy said.
December 8, 2009