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.

Business

Fed Minutes Highlight Inflation Concerns

Federal Reserve officials put aside concerns about the rising credit costs at their Aug. 7 meeting because they were not convinced a slowdown in inflation would last, Bloomberg reported.

August 28, 2007
Fuel, Business, Logistics, Government

Diesel Dips 0.5¢ to $2.863

The average national retail price of diesel fuel fell a half-cent to $2.863 a gallon, the Energy Department said Monday.

August 28, 2007
Business

FedEx Launches U.S./U.K. Express Service

FedEx Corp. has launched a new direct express delivery service from its Memphis, Tenn. hub to Manchester, England.

August 28, 2007
Business

Berkshire Hathaway Boosts BNSF Stake

Berkshire Hathaway boosted its stake in Burlington Northern Santa Fe Corp., the second-largest U.S. freight railroad, to 15%, Bloomberg reported.

August 28, 2007
Business, Safety, Logistics

ATA Marks Truck Driver Appreciation Week

American Trucking Associations said it is taking this week to extend a national “pat on the back” to the 3.4 million U.S. professional truck drivers.

August 28, 2007
Government, Business

August Consumer Confidence Falls

U.S. consumer confidence in August fell by the most since the period immediately following Hurricane Katrina, the New York-based Conference Board said Tuesday.

August 28, 2007
Business, Safety, Logistics

Roadway Driver Is 2007 Truck Driving Grand Champion

A driver for Roadway Express, one of the two longhaul units of YRC Worldwide, was named the 2007 National Truck Driving Grand Champion, American Trucking Associations said Sunday.

August 27, 2007
Government, Business, Safety, Fuel

Calif. Proposes NOx Limits; Hearing Set for Tuesday

Trucks built before 1994 would have to meet 2007 nitrogen oxide emission limits, according to a draft proposal released Aug. 17 by the California Air Resources Board.

August 27, 2007
Government, Business, Safety

PeopleNet Introduces ‘BLU,’ New In-Cab Display Product

HILTON HEAD, S.C. — PeopleNet unveiled an enhanced in-cab driver display product, which the company said would be available commercially at the end of the year.

August 27, 2007
Business, Technology, Equipment, Safety

Werner to Use ACS Document Scanning

Truckload carrier Werner Enterprises said it will begin using TripPak Express, an online document-scanning system provided by Dallas-based information technology firm ACS for drivers’ daily paperwork.

August 27, 2007