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

Industry Backs Truck Efficiency Standards

Initial reactions from truck and engine manufacturers have been supportive of the heavy-duty truck fuel efficiency standards announced Tuesday by President Obama.

August 10, 2011
Business

Wholesale Inventories Rise 0.6% in June

Wholesale inventories rose 0.6% in June, the slowest rate in seven months, the Commerce Department said Wednesday.

August 10, 2011
Business, Logistics

Intermodal Volume Rises 6.5% in Second Quarter

Intermodal traffic volume rose 6.5% in the second quarter, the Intermodal Association of North America said.

August 10, 2011
Business, Fuel

DOE Lowers Diesel Price Forecast 3¢ to $3.83 a Gallon

The Department of Energy Tuesday lowered its diesel fuel price forecast for this year by 3 cents, to $3.83 a gallon.

August 9, 2011
Business

Teamsters Ratify National Carhaul Agreement

The Teamsters union said it has ratified a national agreement covering about 4,500 U.S. automobile-hauling workers.

August 9, 2011
Business, Fuel

Diesel Falls 4¢ to $3.897 in Second Decline; Gasoline Drops for First Time in Six Weeks

Diesel declined for a second straight week, dropping 4 cents to $3.897 a gallon, while gasoline slipped for the first time in six weeks, the Department of Energy said Monday.

August 9, 2011
Business

TravelCenters’ 2Q Profit Jumps

TravelCenters of America said its second-quarter earnings jumped from a year ago as fuel sales increased.

August 9, 2011
Business, Fuel

Clean Energy Reports 2Q Loss; Revenue Rises 57%

Clean Energy Fuels Corp., which provides natural gas fueling for the trucking industry, reported a loss for its second quarter but said revenue rose.

August 9, 2011
Business

Productivity Dips in Second Quarter

U.S. workers’ productivity slowed in the second quarter and labor costs rose, the Labor Department said Tuesday.

August 9, 2011
Business

FedEx Freight Sets 6.75% Rate Increase

FedEx Freight, the less-than-truckload unit of FedEx Corp., said Monday it will implement a 6.75% general rate increase, effective Sept. 6.

August 8, 2011