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

PHMSA Issues Hazmat Labeling Rules

The Pipeline and Hazardous Materials Safety Administration announced changes to how carriers handle different types of hazardous materials.

February 15, 2008
Business

Industrial Production Climbs 0.1% in January

U.S. industrial production edged up 0.1% in January, the Federal Reserve said Friday.

February 15, 2008
Business, Government

Consumer Confidence Index Plunges to 16-Year Low

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

February 15, 2008
Business, Government

New York State Manufacturing Index Contracts

Manufacturing growth in New York state contracted in February, the Federal Reserve Bank of New York said Friday.

February 15, 2008
Business, Government

January Import Prices Rise 1.7%

The price of goods imported to the United States rose 1.7% in January, the Labor Department said Friday.

February 15, 2008
Business

Deutsche Post CEO to Resign in Tax Scandal

Deutsche Post AG Chief Executive Officer Klaus Zumwinkel will step down from the position he has held for 18 years after German prosecutors announced he was under investigation for tax evasion, Bloomberg reported Friday.

February 15, 2008
Business, Equipment

International Introduces LoneStar Class 8 Truck

Navistar International Corp. introduced its new LoneStar heavy-duty truck at last week’s Chicago Auto show, which it said has improved ergonomics, enhanced suspension, advanced electronics and a quiet cab.

February 14, 2008
Business, Safety

Rail Traffic Gains, Intermodal Declines for Week

Rail carload traffic edged up but intermodal fell for week ended Saturday compared with a year ago, the Association of American Railroads said.

February 14, 2008
Business, Safety

Daimler Posts Profit; N. American Truck Sales Drop

Daimler AG said Thursday it posted a fourth-quarter profit of $2.5 billion compared with a loss of about $17.5 million a year ago.

February 14, 2008
Business

Two Trucking Firms Project Lower Results

Two trucking firms forecast difficult quarters for their upcoming earnings statements.

February 14, 2008