Transport Topics
Why Shippers Are Turning to LNG-Powered Vessels
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When Tote Inc., a shipper that operates between the United States and the Caribbean, launched its latest containership last month, the 760-foot craft carried a certain distinction: It's only the second of the massive vessels worldwide fueled by liquefied natural gas.
Swift Earnings to Trail Forecast, Guidance
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Swift Transportation Co. said its third-quarter and full-year results will lag analyst forecasts and its own profit guidance because of costs from past accidents and weaker freight volumes in the fourth quarter.
Orders for Business Equipment Stall After Two-Month Gain
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The momentum in orders for business equipment stalled in August after gains the prior two months as U.S. investment took a breather amid volatility in financial markets and concerns that global growth is slowing.
Fewer Americans Than Expected File for Jobless Claims
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Fewer Americans than forecast filed applications for unemployment benefits last week, a sign that a steady labor market will bolster U.S. growth.
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