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

NYC Cuts Traffic-Plan Fee for Trucks Meeting EPA Rule

New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.

June 18, 2007
Government, Business, Safety

Quality Names New CEO

Tank truck carrier Quality Distribution named Gary Enzor to be the company’s chief executive officer effective immediately, replacing Gerry Detter.

June 15, 2007
Business

Volvo to Boost European Truck, Engine Capacity

Volvo AB will invest more than $240 million to expand engine and gearbox production in Europe, Bloomberg reported Friday.

June 15, 2007
Business

Industrial Production Flat in May

Industrial production was unchanged in May, the Federal Reserve said Friday.

June 15, 2007
Business, Government

Consumer Confidence Index Slips

U.S. consumer confidence fell this month, according to the University of Michigan’s monthly consumer sentiment index released Friday.

June 15, 2007
Business, Safety, Government

Letters to the Editor: Calif. Ports, Seat Belts, Antitrust Immunity

The American Trucking Associations, California Trucking Association and Owner-Operator Independent Drivers Association need to get together and stop the restructuring of the California ports.

June 15, 2007
Business, Government

May CPI Rises 0.7%

The consumer price index rose 0.7% in May, the Labor Department said Friday.

June 15, 2007
Government, Business, Safety

Senate Panel Delays Border-Card Rule

The Senate Appropriations Committee approved an amendment to halt the launch of a plan for a new border-crossing card for at least 17 months, in order to give the Departments of State and Homeland Security more time to fix its problems

June 15, 2007
Business

Smithway Approves Acquisition by Western Express

Smithway Motor Xpress Corp. said its shareholders have approved the company’s acquisition by Western Express for $10.63 a share.

June 14, 2007
Business, Government, Fuel

Oil Rises Following DOE Report

Crude oil prices rose Thursday to their highest level in 11 weeks, on continued concerns over U.S. refinery capacity and output, Bloomberg reported.

June 14, 2007