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

High Court to Hear Arguments Over L.A. ‘Clean Trucks’ Plan

Attorneys for American Trucking Associations and the Port of Los Angeles are scheduled to face off at the U.S. Supreme Court this week over the constitutionality of some requirements included in the port’s “clean truck” concession agreement with drayage operators.

April 15, 2013
Business

Navistar Updates Severe-Service Line

MONTREAL — Navistar International Corp. unveiled updated versions of its International 9900i and PayStar 5900 SBA heavy-haul and severe-service models with the Cummins ISX15 engine using selective catalytic reduction technology.

April 15, 2013
Business

Nasstrac to Offer Best Practices, Networking

More than 100 exhibitors, including some of the nation’s largest package and truckload carriers, will join logistics and distribution executives in Orlando, Fla., next week for the annual Shippers Conference and Transportation Expo.

April 15, 2013
Business, Fuel

Diesel, Gasoline Prices Dip for Sixth Consecutive Week

U.S. retail diesel and gasoline prices continued to drift down from their winter highs, with both refined products declining for a sixth straight week, the Department of Energy reported.

April 15, 2013
Business

YRC Worldwide Breaks Off Contract Talks With Machinists Union

YRC Worldwide said it has broken off contract talks with the International Association of Machinists, which represents about 200 workers at the less-than-truckload operator, effective Monday.

Rip Watson | Special to Transport Topics
April 12, 2013
Business, Logistics

Consumer Confidence Falls to Nine-Month Low

Consumer confidence fell in April to a nine-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index.

April 12, 2013
Business

Business Inventories Rise at Slowest Pace in Eight Months

Business inventories rose 0.1% in February, the slowest pace in eight months, the Commerce Department reported.

April 12, 2013
Business

Navistar Updates Severe-Service Line

MONTREAL — Navistar International Corp. unveiled updated versions of its International 9900i and PayStar 5900 SBA heavy-haul and severe-service models with the Cummins ISX15 engine using selective catalytic reduction technology.

Neil Abt | Editorial Director
April 12, 2013
Business

Retail Sales Drop by Most in Nine Months

Retail sales dropped 0.4% in March, the largest drop in nine months, the Commerce Department said Friday.

April 12, 2013
Business

Producer Price Index Falls in March

Prices paid to U.S. producers fell 0.6% in March, led by a drop in energy costs, the Labor Department reported Thursday.

April 12, 2013