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.
Consumer Prices Rise 0.4% in February
Consumer prices rose more than forecast in gaining 0.4% in February, the Labor Department said Wednesday.
March 18, 2009Consumer Prices Rise 0.4% in February
Consumer prices rose more than forecast in gaining 0.4% in February, the Labor Department said Wednesday.
March 18, 2009MAN Completes VW Truck Acquisition in Brazil
German truck maker MAN AG said Tuesday it has completed its acquisition of VW Truck & Bus in Brazil, making MAN on a leader in the Brazilian commercial vehicle market.
March 17, 2009Diesel Falls 2.8¢ to $2.017
Diesel fuel fell 2.8 cents to a $2.017 per-gallon national average, the lowest price in more than four years, the Department of Energy said.
March 17, 2009Mexico Plans Tariffs in Cross-Border Trucking Dispute
Mexico plans to put tariffs on about 90 U.S. industrial and agricultural products in retaliation for a U.S. decision to cancel a pilot cross-border trucking program between the two countries, news services reported.
March 17, 2009E&MU: Incentives Scarce Despite Slow Sales
By all indications, it’s going to be a lousy year for equipment sales. Sales of heavy-duty trucks hit a 16-year low in 2008, and this year could be even worse as freight carriers cut back on capacity in response to a steep drop in demand for shipping.
March 17, 2009LaHood Says DOT Working to Expedite Stimulus Projects
The Department of Transportation is moving quickly to use economic stimulus funds to improve infrastructure, Transportation Secretary Ray LaHood said Tuesday.
March 17, 2009Caterpillar Sets 2,400 Layoffs in Three States
Caterpillar Inc. said Tuesday it will lay off more than 2,400 employees at five plants in three states as the heavy equipment maker continues to cut costs amid the economic downturn, the Associated Press reported.
March 17, 2009Intermodal Success Requires Education, Enhanced Marketing, Fleet Execs Say
ORLANDO, Fla. — For truckers, there is a lot more to intermodal than simply tying a trailer down on a train, industry experts said.
March 17, 2009ATA Warns Against Closing Va. Rest Areas
American Trucking Associations Monday warned against Virginia's proposal to close 25 of its 42 rest areas, saying that the move would be dangerous for all drivers.
March 17, 2009