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.
Opinion: How Accident Recorders Can Improve Driving
Those familiar with accident event recorders know this technology offers many valuable benefits for transportation operations. AERs, which record both video and audio when a driving incident occurs, can help to improve driver performance, reduce accidents and save lives. The technology also offers other significant, but less publicized, advantages such as decreased expenses and enhanced driver/management relationships.
September 18, 2009FedEx Reports $181 Million First-Quarter Profit
FedEx Corp. said Thursday it earned $181 million, or 58 cents a share, in its fiscal first quarter, down from a year ago but an improvement from a fourth-quarter loss.
September 17, 2009Philadelphia Factory Index Improves for Second Month
Manufacturing levels in the Philadelphia showed expansion for a second straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.
September 17, 2009Dynamex’s Fourth-Quarter, Yearly Income Fall
Logistics and delivery firm Dynamex Inc.’s fiscal fourth-quarter profit fell to $1.8 million, or 18 cents a share, from $4.6 million, or 45 cents, a year ago.
September 17, 2009Initial Jobless Claims Drop for Week
Initial jobless claims fell by 12,000 last week to 545,000, the Labor Department said Thursday.
September 17, 2009C.H. Robinson Acquires Produce Companies
C.H. Robinson Worldwide said that it has acquired two jointly owned produce companies.
September 16, 2009DOT, EPA Set Auto Fuel-Economy Guidelines
Transportation Secretary Ray LaHood and Environmental Protection Agency Administrator Lisa Jackson released proposed regulations for boosting automobile fleet fuel economy to reach 35.5 miles per gallon by 2016, the Associated Press reported.
September 16, 2009TSA Sets Interim Rule on Air Cargo Security
The Transportation Security Administration announced an interim final rule implementing air cargo security regulations.
September 16, 2009DOT Sets Agenda for Distracted-Driving Summit
Secretary of Transportation Ray LaHood Wednesday released the detailed agenda for DOT’s Distracted Driving Summit, scheduled for Sept. 30 and Oct. 1 in Washington.
September 16, 2009Industrial Production Rises 0.8%
Industrial production rose for a second straight month in August, gaining 0.8%, the Federal Reserve said Wednesday.
September 16, 2009