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 Drops to 4-Year Low; Gas Resumes Rise
Diesel fuel fell to a four-year low, dropping 4.3 cents to a national average of $2.087 a gallon, the Energy Department said.
March 3, 2009ISM Factory Index Shows Slight Increase
U.S. manufacturing activity showed a slight increase in January but still showed contraction, the Institute for Supply Management said.
March 3, 2009Estes Launches Mexican Logistics Subsidiary
Estes Express Lines said Tuesday that it has launched a Mexican third-party logistics subsidiary, Estes Logistica.
March 3, 2009Medallion Logistics Is Created to Offer Trucking, Brokerage
Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.
March 3, 2009Construction Spending Falls 3.3%
Construction spending fell 3.3% in January, the Commerce Department said Monday.
March 3, 2009Personal Spending Rises After Six-Month Decline
Consumer personal spending rose in January for the first time in seven months, the Commerce Department said Monday.
March 3, 2009PeopleNet Rolls Out Tethered Trailer Tracking
PeopleNet, Chaska, Minn., said Feb. 24 it launched its tethered trailer-tracking system, known as Trailer ID.
March 3, 2009Xata Adds Navigation to Mobile Comm. Systems
Mobile communications provider Xata Corp., Minneapolis, said Feb. 24 it had integrated ALK Technologies’ CoPilot Truck navigation system into its Xatanet and MobileMax software.
March 3, 2009TransCore Launches Web Site for Trucking Companies
Transportation technology firm TransCore said Monday that it has launched a customer support and information Web site catered to trucking companies using Class 8 trucks.
March 3, 2009January Truck Tonnage Falls 10.8%
Truck tonnage fell 10.8% in January from the same month last year, but rose 3% from the prior month, American Trucking Associations said Friday.
March 2, 2009