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, Technology, Equipment, Safety

TMW Acquires Innovative Computing Corp.

TMW Systems has acquired fellow trucking software provider Innovative Computing Corp., the companies announced Tuesday.

December 1, 2009
Government, Business

Old FAST Cards Invalid Starting Jan. 5

U.S. Customs and Border Protection said that starting Jan. 5, the older versions of the Free and Secure Trade cards will no longer be accepted as identification to enter the country.

December 1, 2009
Business, Government

Fleets Could Face Pitfalls as States Search for New Revenue

Fleets face new tax liability pitfalls and promises, as more states whose budgets have been battered by the recession seek new revenue sources, industry experts told Transport Topics.

Rip Watson | Special to Transport Topics
December 1, 2009
Business, Safety, Government

ISM Manufacturing Index Slips in November

An index of U.S. manufacturing activity fell in November, the Institute for Supply Management said Tuesday.

December 1, 2009
Government, Business

October Construction Spending Unchanged, Commerce Says

U.S. construction spending was unchanged in October following five straight declines, the Commerce Department said Tuesday.

December 1, 2009
Business, Equipment

Volvo, Westport Ink Deal for Natural Gas Technology

Westport Innovations said it will supply Swedish truck maker Volvo Group with components for heavy-duty natural gas engines.

December 1, 2009
Business, Safety, Government

Patriot’s Fourth-Quarter Earnings Decline

Tank and bulk carrier Patriot Transportation Holding’s fiscal fourth-quarter net income fell 68% to $999,000, or 32 cents per share, from $3.2 million, or $1.02, a year ago.

November 30, 2009
Government, Business, Logistics

Canadian National Engineers Strike

Canada-based locomotive engineers for Canadian National Railway Co. started a strike Saturday, and the government has proposed legislation to stop the strike, Bloomberg reported.

November 30, 2009
Government, Business, Safety

FMCSA Gives Approval for IANA to Use Database to Register Chassis

ANAHEIM, Calif. — The Intermodal Association of North America won federal approval to use the database it is creating for equipment providers to comply with new chassis rules that take effect on Dec. 17.

November 30, 2009
Fuel, Business, Logistics

Diesel Drops 1.2¢ to $2.775 in Fourth Straight Decline

Diesel fuel’s national average fell for the fourth straight week, declining 1.2 cents to $2.775 a gallon, the Department of Energy reported.

November 30, 2009