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.
DOT Unveils Safety Details of Mexican Truck Program
The Transportation Department said its recently unveiled three-year pilot program to allow Mexican trucks to enter the United States combines multiple safety-related steps with a new approach to determine the level of participation.
April 18, 2011U.S. Diesel Fuel Price Jumps 10.2¢ to Top $4 a Gallon
The average price for a gallon of U.S. retail diesel rose above $4 last week for the first time in two-and-a-half years and will likely remain there through 2012, according to the U.S. Department of Energy.
April 18, 2011Intermodal Traffic Gains 12.4% for Week
Intermodal traffic grew 12.4% last week compared from a year ago, the Association of American Railroads reported.
April 15, 2011Illinois Appellate Court Upholds Liability Ruling Against C.H. Robinson for Fatal Accident
An Illinois appellate court has upheld a lower court’s ruling that freight forwarder C.H. Robinson Worldwide is liable for damages in a case stemming from a fatal truck accident in 2004.
April 15, 2011Trucking Groups Oppose D.C. Parking Permit Plan
Five trucking industry associations filed comments recently opposing a plan to require motor carriers to buy permits to park in Washington, D.C.
April 15, 2011Consumer Confidence Gains in April
Consumer confidence increased in April from a 16-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
April 15, 2011N.Y. Factory Index Expands at Fastest Rate in a Year
Manufacturing activity in the New York region expanded at the fastest rate in a year in April, the Federal Reserve Bank of New York said Friday.
April 15, 2011Industrial Production Grows 0.8%
Industrial production increased 0.8% in March, led by a rebound in consumer goods manufacturing, the Federal Reserve said Friday.
April 15, 2011Consumer Price Index Increases 0.5%
The consumer price index gained 0.5% in March, the Labor Department said Friday.
April 15, 2011J.B. Hunt Reports Record 1Q Income
J.B. Hunt Transport Services reported record income for its first quarter, as its trucking, intermodal and dedicated contract services segments all improved.
April 14, 2011