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, Safety, Fuel

EPA Sets Emissions Standards for Trains, Ships

Railroad locomotive engines and marine vessels will be subject to new clean air standards that would sharply reduce particulate and nitrogen oxide emissions, the Environmental Protection Agency said Friday.

March 14, 2008
Business, Government

Diesel, Gas Pump Prices Continue to Soar

Retail gasoline and diesel prices, along with heating oil futures set new record highs Friday, the Associated Press reported.

March 14, 2008
Government, Business

Mack Introduces ‘Titan’ Truck and New Engine

Mack Trucks Wednesday introduced a large new diesel engine and a new truck, which it said was the most powerful truck the company has ever made.

March 14, 2008
Business, Government

Consumer Confidence Falls to 16-Year Low

U.S. consumer confidence fell to a 16-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index, released Friday.

March 14, 2008
Business, Government

CPI Unchanged in February

The consumer price index was unchanged in February, the Labor Department said Friday.

March 14, 2008
Government, Business, Safety, Fuel

EPA Sets New Ozone Standard

The Environmental Protection Agency reduced its primary eight-hour ozone standard to 0.075 parts per million from 0.084 ppm to comply with the requirements of the Clean Air Act.

March 14, 2008
Business, Safety

Intermodal Traffic Drops 15.1%

Rail carload traffic fell and intermodal traffic dropped sharply for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.

March 13, 2008
Business, Fuel

Oil Closes Over $110 a Barrel

Crude oil closed above $110 a barrel for the first time Thursday after hitting an intraday record $111, Bloomberg reported.

March 13, 2008
Business

Chrysler Plans 2-Week Shutdown

Chrysler LLC, the third-largest U.S. automaker, will shut down the entire company for two weeks in July, in a period when it usually shuts its assembly plants, Bloomberg reported.

March 13, 2008
Business

Quality Reports $11 Million 4Q Loss

Tank truck carrier Quality Distribution said it took a fourth-quarter loss of $11.2 million, or 58 cents a share, compared with a profit of $6.1 million, or 31 cents, a year ago.

March 13, 2008