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.

Government, Business, Logistics

Dynamex Reports Lower 2Q Income

Logistics and delivery firm Dynamex Inc.’s fiscal second-quarter profit fell to $2.3 million, or 24 cents a share, from $3.4 million, or 33 cents, a year ago.

March 5, 2009
Government, Business, Safety

Fourth-Quarter Productivity Falls

Fourth-quarter U.S. worker productivity fell at a 0.4% annual rate, the Labor Department said Thursday.

March 5, 2009
Business

Initial, Continuing Jobless Claims Decline

Initial jobless claims fell last week, as did continuing claims, the Labor Department said Thursday.

March 5, 2009
Business

Trucking Slowing with Economy, Fed Says

Shipping demand and volumes continued to fall as the U.S. economy further deteriorated at the start of this year, the Federal Reserve said.

March 4, 2009
Government, Business

Daimler Dedicates Freightliner Plant in Mexico

SALTILLO, Mexico — Daimler Trucks dedicated its $300 million Freightliner plant here Feb. 27, as Mexican President Felipe Calderon joined company officials to formally launch the 1.3 million-square-foot facility.

March 4, 2009
Business, Safety, Government

ISM Services Index Continues Contraction

The U.S. economy’s service sector contracted in February, at a faster pace than the previous month, the Institute for Supply Management said Wednesday.

March 4, 2009
Business

Obama Releases Billions for Infrastructure Projects

President Obama released billions of federal dollars Tuesday for public works infrastructure projects to spur job growth and help revive the U.S. economy, Bloomberg reported.

March 4, 2009
Government, Business, Safety

U.S. Auto Sales Fall to 27-Year Low

February U.S. automobile sales fell to the lowest rate in more than 27 years, led by a 53% plunge for General Motors Corp., Bloomberg reported.

March 4, 2009
Letters to the Editor, Business, Safety, Government, Fuel, Equipment

Letters: APU Market Slump, Fuel Prices, Execs vs. Dealers, E-Logs, Outrageous Terms

Your story on the demise of RigMaster comes as no surprise in a sector of the truck market that has seen a drastic downturn of new business, mostly exacerbated by tightening of credit markets (2-9, p. 4).

March 3, 2009
Business, Safety, Government

December NAFTA Surface Trade Plunges 13.1%

Surface trade among the United States, Canada and Mexico plunged 13.1% in December from a year earlier, to $52.9 billion, the Department of Transportation said Tuesday.

March 3, 2009