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.
Retail Sales Rise 0.6% in June
Retail sales rose 0.6% in June, led by gains in automobile and fuel purchases, the Commerce Department said Tuesday.
July 14, 2009Producer Price Index Rises 1.8%
Prices paid to U.S. producers jumped 1.8% in June, led by higher fuel costs, the Labor Department said Tuesday.
July 14, 2009CEVA Recruits Ryan as First COO
CEVA Logistics has appointed Matthew Ryan its first chief operating officer, the company announced on July 2. He will manage the company’s global operations team and be responsible for global procurement, CEVA said.
July 14, 2009E&MU: TMC Fleets Seek Sources of Truck Fires
Fleet reports of highway tractors bursting into flames, on the road or while parked, raise questions of whether a trend is showing itself and leave only hints as to common causes.
July 14, 2009ATA, State Truck Groups to Provide VMRS
American Trucking Associations has replaced J.J. Keller & Associates as the provider of Vehicle Maintenance Reporting Standards products.
July 13, 2009N.J./N.Y. Port Authority Receives Grants to Replace Old Trucks
The Port Authority of New York and New Jersey said it received $11.6 million in grants to help truck owners serving the Port of New York and New Jersey to replace their trucks built before 1994.
July 13, 2009Navistar Cutting 275 Workers at Miss. Military Truck Plant
Navistar International Corp., the largest maker of blast-proof trucks for the U.S. military, will lay off 275 workers at a Mississippi plant because of declining production of the vehicles, Bloomberg reported Monday.
July 13, 2009P.A.M. Transportation Names New President
P.A.M. Transportation Services Monday named Daniel Cushman its new president, replacing long-time president Robert Weaver.
July 13, 2009Navman Adds Truck Routing to M-Nav Series of Handheld GPS Units
Navman Wireless has added truck-specific routing to the M-Nav 750, the latest incarnation of the Glenview, Ill., company’s handheld GPS unit for fleet users.
July 13, 2009DOT Gives $386 Mln. Loan for N.C. Highway
The Department of Transportation has approved a $386 million loan to finance construction on the Triangle Expressway in North Carolina.
July 13, 2009