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.
Diesel Rises 1.8¢ to $2.60
U.S. retail fuel prices snapped a steady string of declines last week, as the average cost of a gallon of diesel rose 1.8 cents to $2.60 a gallon, and gasoline climbed 2.1 cents to $2.489.
October 19, 2009Agility, TNT, UPS Assist with Asian Disaster Response
Agility Logistics, TNT N.V. and UPS Inc. are collaborating with the United Nations to send food to people affected by flooding in the Philippines and an earthquake in Indonesia, the UN said.
October 16, 2009Industrial Production Rises More Than Forecast
Industrial production rose for a third straight month in September, gaining 0.7%, the Federal Reserve said Friday.
October 16, 2009Transplace to Focus on Small, Mid-Sized Businesses
Transplace said it is broadening its focus on serving small and mid-sized businesses, which the company said could benefit from its logistics technology services.
October 16, 2009Consumer Confidence Declines
U.S. consumer confidence declined this month, according to the preliminary Reuters/University of Michigan monthly consumer sentiment index released Friday.
October 16, 2009Opinion: The Long Road Ahead
The trucking industry has always been a part of my life. My dad was a longhaul driver as far back as I can remember, and some of my earliest memories are of my mom taking my dad to go load his truck so he could make his runs.
October 16, 2009FedEx Expands Major Facilities in France, Mexico
FedEx Express said that it has completed expansion projects at its European hub at Paris-Charles de Gaulle Airport and a warehouse at Guadalajara International Airport in Jalisco, Mexico.
October 16, 2009Oil Rises $1 to Finish Week Over $78 a Barrel
Oil rose nearly $1 Friday to a one-year high over $78 a barrel, as U.S. industrial production improved more than forecast, Bloomberg reported.
October 16, 2009DOT Freight Index Shows Second Straight Monthly Gain
The Department of Transportation’s freight transportation services index fell in August from a year ago but showed a second straight month-to-month improvement, DOT said Thursday.
October 16, 2009Correction: Canadian Firm Bruce R. Smith Ltd. Is Restructuring
A story on TTNews.com Wednesday incorrectly stated that Canadian trucking firm Bruce R. Smith Ltd. was in “bankruptcy.”
October 16, 2009