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.

Government, Business, Logistics

Horizon Lines to Add Tampa to Its Service to San Juan

Shipping, trucking and logistics firm Horizon Lines said that it will add regularly scheduled vessel container service between Tampa, Fla., and Puerto Rico, the Associated Press reported.

September 16, 2009
Business, Government

Consumer Price Index Increases in August

The consumer price index rose 0.4% in August, the Labor Department said Wednesday.

September 16, 2009
Business, Government

Business Inventories Fall 1% in July; Sales Rise

Business inventories fell in July for an 11th straight month, while sales showed the first back-to-back gain in a year, the Commerce Department said Tuesday.

September 16, 2009
Business, Government, Equipment

Obama Approves Tariffs on Chinese Tires

President Obama has approved an increase on the tariff charged on car and light truck tires imported from China, the Associated Press reported.

September 15, 2009
Business

Navistar Gets $9.8 Million Army Truck Contract

Navistar International Corp. has received a $9.8 million contract from the U.S. Army for various trucks and spare parts, the Associated Press reported Tuesday.

September 15, 2009
Government, Business, Safety

Volvo’s North American Deliveries Fall 33% in August

Volvo AB said Tuesday its August North American deliveries fell by 33%, to 1,267 units.

September 15, 2009
Business, Government

August Retail Sales Jump 2.7%

Retail sales jumped 2.7% in August, led in part by a boost in auto sales prompted by the government’s “cash for clunkers” program, the Commerce Department said Tuesday.

September 15, 2009
Business

Kansas Turnpike Tolls to Increase for Those Without Transponders

Tolls for cars and trucks on the Kansas Turnpike are set to increase — starting Oct. 1 — for drivers paying in cash, but not for vehicles using an electronic toll transponder.

September 15, 2009
Business, Fuel, Government

Diesel Slips 1.3¢ in Second Consecutive Decline

The average price of diesel dropped slightly Monday for the second consecutive week, declining 1.3 cents to $2.634 a gallon, the Department of Energy reported.

September 15, 2009
Business, Government

New York Manufacturing Index Improves for Second Month

Manufacturing activity in the New York region rose this month at the fastest pace in almost two years, the Federal Reserve Bank of New York said Tuesday.

September 15, 2009