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.
Intermodal Traffic Falls for Week
U.S. intermodal rail traffic fell 11% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
October 16, 2009Philadelphia Factory Index Expands in October
Manufacturing levels in the Philadelphia expanded at a slower pace in October than in September, the Federal Reserve Bank of Philadelphia said Thursday.
October 15, 2009New York Factory Index Jumps to Highest Level in 5 Years
Manufacturing activity in the New York region rose for a third straight month in October, reaching the highest level in more than five years, the Federal Reserve Bank of New York said Thursday.
October 15, 2009YRC Units Announce Speedup In Service, Logistics Contract
YRC Worldwide Inc. said that its less-than-truckload unit has sped up cross-border trucking service and its logistics unit has been awarded a management contract in Peru.
October 15, 2009YRC Units Announce Speedup In Service, Logistics Contract
YRC Worldwide Inc. said that its less-than-truckload unit has sped up cross-border trucking service and its logistics unit has been awarded a management contract in Peru.
October 15, 2009Oil Tops $75 a Barrel in 12-Month High
Oil held at more than $75 a barrel early Thursday, a one-year high, in advance of an Energy Department report on weekly inventories, Bloomberg reported.
October 15, 2009Consumer Price Index Increases in September
The consumer price index rose 0.2% in September, the Labor Department said Thursday.
October 15, 2009Initial Jobless Claims Fall to Lowest Level Since January
Initial jobless claims fell to the lowest level since January, the Labor Department said Thursday.
October 15, 2009Port of Oakland Eyes Jan. 1 Ban on Older Trucks
The Port of Oakland’s board of commissioners is expected to give final approval next week to a measure that would ban older trucks beginning Jan. 1.
October 15, 2009Landstar’s Third-Quarter Profit Declines
Truckload carrier Landstar System said late Wednesday its third-quarter net income declined to $20.1 million, or 39 cents a share, from $32.8 million, or 62 cents, a year ago.
October 14, 2009