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.
Rail, Intermodal Levels Decline
Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
June 14, 2007Trucking Software Company Founder J.J. Keller Dies
John J. “Jack” Keller, who founded trucking software firm J.J. Keller & Associates, died Wednesday, Gannett Wisconsin Newspapers reported.
June 14, 2007Producer Price Index Climbs 0.1%
Prices paid to U.S. producers rose 0.9% in May, the fourth consecutive increase, the Labor Department said Thursday.
June 14, 2007NYC Teamsters Back Congestion-Pricing Plan
Teamsters union leaders representing thousands of New York City truck drivers said they support the city’s plan to charge new tolls on vehicles entering Manhattan during weekday business hours, Bloomberg News reported.
June 14, 2007Jobless Claims Unchanged for Week
Initial jobless claims were unchanged last week at 311,000, the Labor Department said Thursday.
June 14, 2007ATA Names Ray Kuntz Chairman
Montana trucking executive Ray Kuntz was named Chairman of American Trucking Associations, ATA said after its executive committee met on Tuesday in Dallas.
June 13, 2007Fed ‘Beige Book’ Cites Trucking Slowdowns
The Federal Reserve gave a generally positive assessment of the U.S. economy last week as manufacturing and job growth picked up, but the Fed’s report cited some regional slowdowns in trucking and truck manufacturing.
June 13, 2007DHL Buys Stake in Miami Air Cargo Firm
DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.
June 13, 2007Business Inventories, Sales Rise
U.S. business inventories rose 0.4% in April as sales rose, the Commerce Department said Wednesday.
June 13, 2007