Trucking 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.
Intermodal Traffic Rises 3.7% for Week
U.S. intermodal traffic rose 3.7% for the week ended Saturday from a year ago, the Association of American Railroads reported.
December 2, 2011November Automobile Sales Increase
Chrysler Group LLC and Nissan Motor Co. led automakers in U.S. November sales gains as the industry headed for its best sales pace this year, Bloomberg reported.
December 2, 2011Ryder Expands Reverse-Logistics Capability
Ryder System has expanded its reverse-logistics business to include processing returns in the same facilities from which it forwards outbound shipments.
December 2, 2011YRC Shareholders Approve Reverse Stock Split
YRC Worldwide’s shareholders approved a reverse split that would boost its per-share price by rolling each 300 shares held into one share.
December 1, 2011UPS to Acquire Italian Logistics Firm
UPS on Thursday announced an agreement to purchase Pieffe Group, an Italian pharmaceutical logistics company. Terms were not disclosed.
December 1, 2011ISM Manufacturing Index Rises to Five-Month High
U.S. manufacturing activity jumped in November, showing continued expansion for a 28th consecutive month, the Institute for Supply Management said Thursday.
December 1, 2011Construction Spending Rises in October
Construction spending rose 0.8% in October, the third straight monthly increase, the Commerce Department said Thursday.
December 1, 2011Jobless Claims Rise for Week
Initial jobless claims increased by 6,000 last week to 402,000, the Labor Department said Thursday.
December 1, 2011Radiant Logistics Buys Isla International
Third-party logistics provider Radiant Logistics will acquire Isla International, a company that specializes in shipments between the United States and Mexico, for $15 million.
December 1, 2011GE Opens Energy Logistics Center
General Electric Co. opened a new logistics center in Olive Branch, Miss., to distribute replacement wind turbine parts and solar technology components to customers in North and South America.
December 1, 2011Trending
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