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.
TIA Says Customs to Expedite Request for Logistics Firms to Join C-TPAT
Patriot’s 2Q Income Gains
Patriot Transportation Holding said its net income rose to $2.6 million or 83 cents a share for its fiscal second quarter, from $1.7 million or 56 cents a year earlier.
May 2, 2007Target Logistics’ Income Dips
Freight forwarder Target Logistics said Wednesday its fiscal third-quarter profit fell to $340,000 or 2 cents a share, from $610,000 or 3 cents a year ago.
May 2, 2007Letters to the Editor: SafeStat, Corrosion Issues
Safety & Security Briefs — April 26 - May 2
Factory Orders Jump 3.1%
Factory orders jumped 3.1% in March, the biggest gain in a year, the Commerce Department said Wednesday.
May 2, 2007Total Settles Exel Suit for $10 Million
Exel Transportation Services said it had settled its suit again Total Transportation Services, with Total paying Exel $10 million after Exel alleged unlawful access to trade secrets and other confidential and proprietary information.
May 2, 2007FMCSA’s Recorder Proposal Draws Concern, Criticism
DOT Delays Mexican-Trucks Program
The Department of Transportation said it will delay its plan to allow Mexican trucks into the United States until U.S. trucks are allowed into Mexico, and that it will take public comments on the program this month.
May 1, 2007Diesel Falls 4¢ to $2.811; Gas Jumps 10.2¢ to $2.971
Retail diesel fuel fell 4 cents to $2.811 a gallon in a second straight weekly decline, while gasoline soared, the Department of Energy said Monday.
May 1, 2007