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 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, 2008Diesel, 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, 2008Mack 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, 2008Consumer 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, 2008CPI Unchanged in February
The consumer price index was unchanged in February, the Labor Department said Friday.
March 14, 2008EPA 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, 2008Intermodal 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, 2008Oil 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, 2008Chrysler 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, 2008Quality 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