Business
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.
Philadelphia Manufacturing Index Falls Sharply
Manufacturing activity in the Philadelphia region slowed dramatically in June, the Federal Reserve Bank of Philadelphia said Thursday.
June 16, 2011Housing Starts Jump 3.5% in May
Housing starts rose 3.5% in May, the Commerce Department said Thursday.
June 16, 2011Jobless Claims Drop by 16,000
Initial jobless declined by 16,000 to 414,000 last week, the Labor Department said Thursday.
June 16, 2011International Container Group Forecasts Growth for Two Years
Container lessors spent $4 billion during 2010 to renew the box fleet and are expected to further increase spending the next two years, according to a new report from the Institute of International Container Lessors.
June 15, 2011Industrial Production Rises 0.1% in May
Industrial production rose 0.1% in May as factory output rose but utility output declined, the Federal Reserve said Wednesday.
June 15, 2011L.A. Port Volume Rises in May
The Port of Los Angeles said its May import cargo volume rose 5.5% from a year ago, to almost 361,000 20-foot equivalent units.
June 15, 2011Consumer Price Index Rises 0.2% in May
The consumer price index rose 0.2% in May, the Labor Department said Wednesday.
June 15, 2011ATA Names New VP of Legislative Affairs
American Trucking Associations said it has hired Caroline Decker as its new vice president of legislative affairs.
June 15, 2011U.S., Mexico Reportedly Close to Signing Cross-Border Trucking Agreement
The United States and Mexico are close to signing a formal cross-border trucking agreement and could do so as early as this month, according to a Mexican government minister, Bloomberg reported.
June 14, 2011Trucking Exec Testifies Against Proposed Changes to HOS Rule
Proposed changes to the federal hours-of-service rule are unwarranted and would harm small businesses nationwide, a trucking executive told a Congressional panel Tuesday.
June 14, 2011