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, Fuel

Diesel Declines 1.7¢ to $3.894 a Gallon

Diesel dipped 1.7 cents to $3.894 a gallon, the seventh straight decline, the Department of Energy said in its weekly survey.

January 15, 2013
Business

Producer Price Index Falls 0.2% in December

Prices paid to U.S. producers fell 0.2% in December, the Labor Department said Tuesday.

January 15, 2013
Business

New York Manufacturing Index Contracts for Sixth Month

Manufacturing activity in the New York region contracted in January for a sixth straight month, the Federal Reserve Bank of New York said Tuesday.

January 15, 2013
Business

Roadrunner to Expand Philadelphia LTL Terminal

Roadrunner Transportation Systems said it will expand less-than-truckload outbound service at its Philadelphia terminal, which opened last year.

January 15, 2013
Government, Business

BTS Releases Pocket Guide to Transportation

The U.S. Bureau of Transportation Statistics said it has released its 2013 Pocket Guide to Transportation.

January 15, 2013
Business

UPS Ends Bid to Buy TNT Express

UPS Inc. has abandoned its $6.8 billion bid to buy European package carrier TNT Express NV after European regulators moved to block the deal, Bloomberg News reported Monday.

January 14, 2013
Business, Logistics

Livingston International Acquires MBLX Inc.

Livingston International said Monday it has acquired barge freight handling and forwarding company MBLX Inc. Terms were not disclosed.

January 14, 2013
Business, Government

Supreme Court Agrees to Hear ATA Appeal in L.A. Port Case

The U.S. Supreme Court has agreed to hear an appeal from American Trucking Associations in ATA’s lawsuit over what it calls “burdensome” requirements the Port of Los Angeles has put on fleets serving the port, the court said.

Timothy Cama | Staff Reporter
,
January 14, 2013
Business

Retail Imports to Rise 2.3% in January, NRF Says

Import cargo volume at major U.S. ports will increase 2.3% this month from a year ago as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast ports, according to a report by the National Retail Federation.

January 14, 2013
Business, Fuel

About 1 Million Natural-Gas Trucks and Buses to be Sold by 2019, Report Says

More than 930,000 medium- and heavy-duty natural gas-powered trucks and buses are expected to be sold worldwide by 2019, according to a new report.

January 14, 2013