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

TTNews.com Closed for Presidents’ Day

Transport Topics Online will be closed on Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 21, for the latest trucking and freight transportation news.

February 17, 2012
Business, Logistics

Weekly Intermodal Traffic Slips 0.4%

U.S. intermodal traffic slipped 0.4% for the week ended Saturday from a year ago, the Association of American Railroads reported.

February 17, 2012
Business, Fuel

Oil Ends Week at Nine-Month High Over $103

Oil finished the week at a nine-month high over $103 a barrel and took its biggest weekly gain this year, as signs of an improving U.S. economy and progress on a bailout for Greece boosted projected fuel demand, Bloomberg reported.

February 17, 2012
Business

EPA Investigating Navistar on Engines

The Environmental Protection Agency is investigating whether Navistar Inc. completed assembly of 7,600 heavy-duty 2009 model truck engines in 2010, thereby making them noncompliant with current emission regulations.

February 17, 2012
Government, Business

Leading Indicators Rise in December

An index of leading economic indicators rose in December for a third straight month, the New York-based Conference Board said Thursday.

February 17, 2012
Business

Consumer Price Index Rises in January

The consumer price index rose 0.2% in January as energy and food prices increased, the Labor Department said Friday.

February 17, 2012
Business, Government, Logistics

Port of L.A. Container Volumes Rise in January

The Port of Los Angeles said Feb. 15 its import and export container volumes each rose more than 5% in January from a year ago.

February 16, 2012
Business

Philadelphia Manufacturing Index Rises to Four-Month High

Manufacturing activity in the Philadelphia region expanded at a faster pace in January, reaching a four-month high, the Federal Reserve Bank of Philadelphia said Thursday.

February 16, 2012
Business

Jobless Claims Drop to Four-Year Low

Initial jobless claims fell last week to the lowest in four years, the Labor Department said Thursday.

February 16, 2012
Business

Producer Prices Rise 0.1%

Prices paid to U.S. producers rose 0.1% in January, the Labor Department said Thursday.

February 16, 2012