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, Logistics

DHL Opens Global Hub at Cincinnati/Northern Kentucky Airport

DHL said it has opened a $105 million newly expanded global hub at Cincinnati/Northern Kentucky International Airport.

June 14, 2013
Business

Roadrunner to Expand Service in Great Plains, Northeast

Roadrunner Transportation Systems said it is expanding service in the Great Plains and the Northeast with the opening of service centers in Kansas City, Mo., and Buffalo, N.Y.

June 14, 2013
Business

Navistar Recalls More Than 9,500 Trucks

Truck maker Navistar Inc. told the National Highway Traffic Safety Administration it is recalling 9,578 ProStar and TranStar trucks because of problems with S-cam tubes on steer-axle brake assemblies made by Meritor Inc.

June 14, 2013
Business, Government, Logistics

Consumer Confidence Declines from Six-Year High

Consumer confidence fell in June from a six-year high the previous month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

June 14, 2013
Business, Government

Supreme Court Rules in ATA’s Favor on Los Angeles Port’s Parking, Placard Requirements

The Supreme Court ruled Thursday that the Port of Los Angeles cannot require trucking companies serving the port to display placards on trucks that have the proper permits and to submit parking plans before being allowed to operate, saying the rules violate federal law.

Timothy Cama | Staff Reporter
June 14, 2013
Business

Producer Price Index Rises for First Time in Three Months

Prices paid to U.S. producers rose 0.5% in May, the first increase in three months, the Labor Department reported Friday.

June 14, 2013
Business, Technology

Crash-Avoidance Technology Could Yield $3.1 Billion Benefit, Says NHTSA

The National Highway Traffic Safety Administration estimates that crash-avoidance technology that engages brakes in heavy-duty trucks may prevent 300 fatalities a year and yield up to $3.1 billion in economic benefit, Bloomberg News reported.

June 14, 2013
Business, Logistics

Intermodal Traffic Rises 2.5% for Week

U.S. rail intermodal traffic rose 2.5% last week from the same week a year ago, the Association of American Railroads said.

June 14, 2013
Business

Business Inventories Increase 0.3% in April

Business inventories increased in April as sales declined for a second month, the Commerce Department said Thursday.

June 13, 2013
Business

Import Prices Drop for Third Consecutive Month in May

The price of goods imported to the United States fell 0.6% last month, reflecting broad-based declines, the Labor Department reported Thursday.

June 13, 2013