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

DOE Lowers Price Forecasts for Diesel, Gasoline, Crude Oil

Diesel fuel will average $3.90 a gallon this year, the Department of Energy said, lowering a previous forecast.

June 13, 2012
Business

Retail Sales Fall 0.2% in May

Retail sales declined in May for a second straight month, the Commerce Department said Wednesday.

June 13, 2012
Business

Producer Price Index Drops by Most in Almost 3 Years

Prices paid to U.S. producers dropped in May by the most in almost three years as energy prices slumped, the Labor Department said Wednesday.

June 13, 2012
Business

Business Inventories Rise in April

Business inventories rose 0.4% in April, the Commerce Department reported Wednesday.

June 13, 2012
Business

Court Rejects Shortcut Rule That Helped Navistar

A federal court threw out a regulation Tuesday that allowed Navistar International Corp. to sell engines that do not comply with emissions regulations, saying the Environmental Protection Agency was not justified in skipping its normal rulemaking process.

Timothy Cama | Staff Reporter
June 12, 2012
Business

ATA Calls on FMCSA to Release Study Used for CSA Scoring

American Trucking Associations on Tuesday asked the Federal Motor Carrier Safety Administration to release a study that was used to develop the scoring system for its Compliance, Safety, Accountability program.

June 12, 2012
Business, Logistics

Schneider, CSX Expand Intermodal Service in Ohio

Schneider National said it has reached an agreement with rail provider CSX Transportation to broaden its intermodal services in northwestern Ohio.

June 12, 2012
Business, Government, Autonomous

Quality Completes Acquisition of N.D. Tank Truck Operation

Quality Distribution on Tuesday said it has completed its acquisition of North Dakota tank truck carrier Wylie Bice Trucking and its oilfield services subsidiary, RM Resources.

June 12, 2012
Business

Import Prices Fall 1% in May

The price of goods imported to the United States fell 1% last month, the biggest drop in almost two years, the Labor Department reported Tuesday.

June 12, 2012
Business, Safety, Government, Autonomous

Intermodal Firm Changes Name to Calhoun Truck Lines

The Midwest-based intermodal trucking company formerly known as Universal Transportation Services has changed its name to Calhoun Truck Lines, the company announced.

June 12, 2012