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.
EPA Eyes Greenhouse Gas Regulations
The Environmental Protection Agency said Friday that greenhouse gases could pose a danger to the public health, paving the way for new regulation of vehicles, power plants and factories, Bloomberg reported.
April 17, 2009Norfolk Southern Wins Ethanol Depot Ruling
A federal judge ruled that Norfolk Southern Corp. can continue operating an ethanol-transfer station in Alexandria, Va., overruling a local ordinance, Bloomberg reported.
April 17, 2009Consumer Confidence Index Improved in April
U.S. consumer confidence rose this month to the highest level since September, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Friday.
April 17, 2009Intermodal, Rail Traffic Decline for Week
Intermodal rail traffic fell 24.6% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said Thursday.
April 17, 2009Werner’s 1Q Income Drops
Truckload carrier Werner Enterprises said its first-quarter profit declined to $6.9 million, or 10 cents per share, from $8.4 million, or 12 cents, a year ago.
April 16, 2009Heartland Reports Flat 1Q Income
Heartland Express said its first-quarter profit was $14.1 million, or 15 cents a share, compared with $14.7 million, or 15 cents, a year ago.
April 16, 2009USA Truck Reports 1Q Loss
Truckload carrier USA Truck said Thursday it took a first-quarter loss of $1.88 million, or 18 cents per share, compared with a loss of $1.95 million, or 19 cents, a year ago.
April 16, 2009Landstar’s First-Quarter Income Declines
Truckload carrier Landstar System said its first-quarter net income fell to $13.9 million, or 27 cents a share, from $23.7 million, or 45 cents, a year ago.
April 16, 2009Philadelphia Factory Index Improves, but Still Shows Contraction
Manufacturing levels in the Philadelphia region continued to contract this month, the Federal Reserve Bank of Philadelphia said Thursday.
April 16, 2009Continuing Jobless Claims Top 6 Million
Initial jobless claims fell last week, while continuing claims reached a record over 6 million, the Labor Department said Thursday.
April 16, 2009