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

J.B. Hunt Posts Higher 3Q Profit

J.B. Hunt Transport Services said its third-quarter profit rose from a year ago as intermodal volumes jumped and truck segment pricing improved.

October 15, 2010
Business, Government

New York Manufacturing Index Expands

Manufacturing activity in the New York region expanded in October at the highest rate in four months, the Federal Reserve Bank of New York said Friday.

October 15, 2010
Business

Business Inventories Rise 0.6%

Business inventories increased 0.6% in August, the Commerce Department said Friday.

October 15, 2010
Business

Consumer Confidence Slips in October

Consumer confidence slipped in October, according to the monthly Thomson Reuters/University of Michigan consumer sentiment index released Friday.

October 15, 2010
Business

Consumer Price Index Increases 0.1%

The consumer price index rose by 0.1% in September, the Labor Department said Friday.

October 15, 2010
Business, Logistics

Weekly Intermodal Traffic Improves

Intermodal traffic rose 13.1% compared with last year in the week ended Saturday, the Association of American Railroads said.

October 15, 2010
Business

DOT Freight Transportation Services Index Improves in August

The Department of Transportation’s freight transportation services index rose 1.2% in August from a year earlier, the sixth year-to-year gain, but slipped from July, DOT said Thursday.

October 14, 2010
Business

Landstar’s Third-Quarter Earnings Improve

Truckload carrier Landstar System said Thursday its third-quarter earnings rose to $21.8 million, or 44 cents per share, from $20.1 million, or 39 cents, a year ago.

October 14, 2010
Business, Fuel

EPA to Allow 15% Ethanol for Newer Cars, Light Trucks

The Environmental Protection Agency said it will allow up to 15% ethanol content in gasoline for newer vehicles, up from the current 10%.

October 14, 2010
Business, Fuel, Government

U.S. Trade Deficit Widens

The U.S. trade deficit widened by 8.8% in August, the Commerce Department said Thursday.

October 14, 2010