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.
Retail Sales Jump 1.4% in May
Retail sales rose by the most in more than a year last month, gaining 1.4%, the Commerce Department said Wednesday.
June 13, 2007VW Wants Talks with MAN, Scania
Volkswagen AG wants to being official talks on closer cooperation between its truck division and fellow European manufacturers MAN and Scania by next month, Bloomberg reported Wednesday.
June 13, 2007Import Prices Rise 0.9%
The price of goods imported to the United States rose 0.9% in May for a fourth straight gain, the Labor Department said Wednesday
June 13, 2007Share the Road Drivers to Host Mass. Event Friday
Massachusetts Lt. Gov. Tim Murray (D) will open a safety presentation Friday to be given by American Trucking Associations’ Share the Road program.
June 13, 2007NYPD Checking Trucks for Radioactive Material
The New York City Police Department has stepped up truck inspections to protect against any radioactive, biological or chemical bombs entering the city, the New York Post reported.
June 12, 2007GE Introduces VeriWise in Mexico
General Electric said Tuesday it has introduced here its VeriWise trailer-tracking technology in Mexico.
June 12, 2007Congress Eyes Boosting Fuel Economy
Stronger fuel-economy rules stand their best chance in years of passing Congress, amid heightened concern about gas prices and global warming, the Los Angeles Times reported Tuesday.
June 12, 2007Diesel Dips 0.7¢ to $2.792; Gas Plunges 8.1¢ to $3.076
Diesel fuel’s national average retail price dipped 0.7 cent $2.792 a gallon and gasoline's pump price plunged, the Department of Energy said Monday.
June 12, 2007Congress Targets Highway Privatization
The trucking industry and congressional Democrats are seeking to slow states’ efforts to lease toll roads to private investors, Bloomberg reported.
June 11, 2007‘Hot Fuel’ Comes Under Federal Scrutiny
Federal lawmakers said that oil companies and service station owners cheated consumers due to fuel’s tendency to expand in warm temperatures, the Los Angeles Times reported Saturday.
June 11, 2007