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

Frozen Food Express’ Loss Widens for 4Q, Year

Frozen Food Express Industries reported higher losses for the fourth quarter and full year.

March 30, 2012
Business, Government, Logistics

Consumer Confidence Rises to One-Year High

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

March 30, 2012
Business

Chicago Manufacturing Index Falls

An index of manufacturing activity in the Chicago area decreased in March, the Institute for Supply Management-Chicago said Friday.

March 30, 2012
Business

Personal Spending Rises in February

Consumer personal spending rose 0.8% in February, the biggest gain in seven months, the Commerce Department said.

March 30, 2012
Business, Logistics

Intermodal Traffic Rises 4.2% for Week

U.S. intermodal traffic rose 4.2% for the week ended Saturday from a year ago, the Association of American Railroads said.

March 30, 2012
Business

Weekend Closure Planned for I-12 in Louisiana

Interstate 12 eastbound will be closed this weekend at an interchange in Baton Rouge, La., the Louisiana Department of Transportation and Development said.

March 29, 2012
Business, Logistics

Port Logistics Firms Announce Partnership

Port Logistics Group and Coastal Logistics Group on Thursday announced a partnership that extends the geographic reach and service offerings for both companies.

March 29, 2012
Business, Logistics

European Commission Fines Freight Forwarders

The European Commission has issued 169 million euros ($225 million) in fines against 14 companies, including three in the U.S., in connection with air freight price-fixing charges dating as far back as 2003.

March 29, 2012
Business

Jobless Claims Fall to Four-Year Low

Initial jobless claims last week fell to a four-year low, the Labor Department said Thursday.

March 29, 2012
Business

ATA Cites Safety Study in Pushing for Speed Limiters on Trucks

New research released this week by the Federal Motor Carrier Safety Administration confirms the safety benefits of using technology to electronically govern and limit trucks’ speed, American Trucking Associations said Wednesday.

March 28, 2012