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 Average Slips to $4.01 After 3rd Straight Weekly Drop

The price of diesel fuel in the United States declined for the third straight week, dipping 2 cents to $4.01 per gallon, the lowest level in almost three months, the Department of Energy reported last week.

November 12, 2012
Business

TTNews Closed for Veterans Day

Transport Topics Online will be closed Monday for the Veterans Day holiday. Please check back on Tuesday, Nov. 13, for the latest trucking and freight transportation news.

November 9, 2012
Business, Logistics

Intermodal Traffic Drops 6.2% for Week

U.S. rail intermodal traffic dropped 6.2% last week over the same week a year ago, the Association of American Railroads said.

November 9, 2012
Business

New York City Begins Fuel Rationing

New York City and Long Island began rationing diesel and gasoline Friday in the region still coping to recover from last week’s battering by Hurricane Sandy, news services reported.

November 9, 2012
Business

USA Truck Names New Chairman

Truckload carrier USA Truck said Robert Peiser has been appointed the company’s new chairman.

November 9, 2012
Business, Government

Wholesale Inventories Rise 1.1%

Wholesale inventories increased 1.1% in September, the largest this year, while sales rose 2%, the Commerce Department said Friday.

November 9, 2012
Business, Logistics

Consumer Confidence Rises in November

Consumer confidence rose in November, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

November 9, 2012
Business

Clarke Swings to 3Q Profit

Canadian holding company Clarke Inc. posted a third-quarter profit, turning around a loss from a year ago.

November 9, 2012
Business

Import Prices Rise for Third Month

The price of goods imported to the United States rose in October for the third consecutive month, the Labor Department said Friday.

November 9, 2012
Business

ATA’s Graves Says Trucking Faces Big Cleanup Job in Northeast Following Storm

The trucking industry is facing a big task in the Northeast following Hurricane Sandy, American Trucking Associations President Bill Graves said in a TV interview Thursday.

November 9, 2012