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.

Business

Industrial Production Gains 0.4% in December

U.S. industrial production rose 0.4% in December, the Federal Reserve said Wednesday.

January 17, 2007
Business, Safety, Government, Logistics

Mullen Group Income Fund Co-CEO Steps Down

Canadian transportation firm Mullen Group Income Fund’s co-chief executive officer, Pat Powell, tendered his resignation, the company said late Tuesday.

January 17, 2007
Business, Government, Safety

Opinion: 4-Wheel Drivers Also Need Safety Training

Click here to write a Letter to the Editor. As I review crash-related death and injury reports year after year, I am astounded by the tolerance of the American people for the mayhem on our highways. In 2005, an average of some 119 people died each day in motor vehicle crashes — one every 12 minutes — for a total of 43,443 people.

January 17, 2007
Business, Government, Technology, Equipment, Safety

Letter to the Editor: Trade Support and Security

U.S. Customs and Border Protection is developing a commercial trade processing system — the Automated Commercial Environment — designed to facilitate legitimate cross-border trade while strengthening border security.

January 17, 2007
Business, Government

Producer Price Index Rises 0.9% in December

The producer price index rose 0.9% in December, the Labor Department reported Wednesday.

January 17, 2007
Business, Technology, Government, Safety

Congress Takes Action on Bills to Improve Cargo Security

In their first days as Congress’ new majority, Democrats on Capitol Hill introduced legislation calling for greater cargo screening and tracking of hazardous materials shipments.

Sean McNally | Staff Reporter
January 17, 2007
Business, Safety, Government

YRC Management Unit to Oversee Yellow, Roadway Brands

Less-than-truckload carrier YRC Worldwide, formerly Yellow Roadway Corp., said Monday it created a new management structure to oversee its Yellow Transportation and Roadway brands.

January 16, 2007
Business, Government

N.Y. ‘Empire State Index’ Falls to Lowest Level in 19 Months

Manufacturing growth slowed in New York state in January to the lowest level in 19 months, the Federal Reserve Bank of New York said Tuesday.

January 16, 2007
Business, Government, Autonomous

Arkansas-Based Trucking Firms Push Forward With Growth Plans

Three large Arkansas-based trucking companies have pushed ahead with plans to expand despite warnings signs of a slowdown in the trucking industry this year, the Northwest Arkansas Morning News reported.

January 16, 2007
Business, Fuel

Pennsylvania Turnpike Commission Considers Tolling Other Roads

The Pennsylvania Turnpike Commission has come up with an alternative to privatizing the turnpike of putting tolls on other highways, the Associated Press reported.

January 16, 2007