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.
UPS May Furlough At Least 300 Pilots Unless Cost Reductions Are Identified
UPS Inc. said it plans to furlough at least 300 of its pilots if talks with the union fail to produce steps that will lower costs.
February 12, 2010Intermodal Traffic Improves for Week
U.S. intermodal rail traffic grew 5.1% last week compared with the same week last year, the Association of American Railroads said.
February 12, 2010Consumer Confidence Falls in February
U.S. consumer confidence dropped in February from a two-year high, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
February 12, 2010Retail Sales Grow 0.5% in January
Retail sales climbed 0.5% in January, the third increase in four months, the Commerce Department said Friday.
February 12, 2010Business Inventories Fall 0.2%
Pennsylvania Reopens Interstate 78
Pennsylvania has reopened Interstate 78, which had been shut down following Wednesday’s Mid-Atlantic blizzard that stranded more than 200 motorists, the Pennsylvania Department of Transportation said Thursday afternoon.
February 11, 2010Diesel to Average Near $3 This Year, DOE Says
Diesel fuel will climb to average $2.95 a gallon this year before rising to $3.16 in 2011, the Department of Energy said.
February 11, 2010Diesel to Average Near $3 This Year, DOE Says
Diesel fuel will climb to average $2.95 a gallon this year before rising to $3.16 next year, the Department of Energy said.
February 11, 2010U.S., Mexico Must Resolve Trucking Dispute, Trade Rep Says
The U.S. and Mexico need to resolve a dispute over allowing Mexican trucks access to U.S. roads, U.S. Trade Representative Ron Kirk said in Mexico City, Bloomberg reported.
February 11, 2010Rush Enterprises’ 4Q Earnings Decline
Rush Enterprises’ fourth-quarter net income fell 70% to $1.5 million, or 4 cents a share, from $5.1 million, or 14 cents, a year earlier.
February 11, 2010