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 3.4¢ to $3.444; Sets Another Record
The national average price of diesel rose 3.4 cents to a new all time record of $3.444 a gallon, the Department of Energy said Monday.
November 27, 2007Consumer Confidence Drops in November
U.S. consumer confidence fell this month, the New York-based Conference Board said Tuesday.
November 27, 2007TTNews.com to Close for Thanksgiving Weekend
Transport Topics Online will be closed Thursday and Friday for the Thanksgiving holiday. Please check back on Monday, Dec. 1, for the latest trucking and freight transportation news.
November 26, 2007Xata’s Losses Widen in 4Q
Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.
November 26, 2007Task Force to Study Red-Light Cameras in N.M.
Mayor Martin Chavez has appointed a task force to study how effectively Albuquerque’s red-light cameras are reducing the number of traffic crashes, the Associated Press reported.
November 26, 2007Scope Technologies & ClickSoftware Sign Partnership Agreement
ClickSoftware Technologies, a provider of mobile workforce management and services, and Scope Technologies, a fleet telematics provider, announced Monday that they have signed an agreement to integrate their offerings and leverage each other's sales and marketing networks.
November 26, 2007Interstate 10 Reopens in Louisiana
A stretch of Interstate 10 in Louisiana between Baton Rouge and Lafayette has re-opened to traffic after being closed Nov. 22 because of a natural gas explosion, the Associated Press reported Monday.
November 26, 2007CTA Asks for Standard Anti-Rollover Technology
The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.
November 26, 2007Family of Trailer Bridge Founder to Sell Company Stake
Family members of Malcom McLean, the founder of intermodal carrier Trailer Bridge Inc., are planning to sell their stake in the company, Trailer Bridge said.
November 26, 2007TransForce to Acquire Thibodeau Group
Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.
November 26, 2007