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.

Business, Safety, Government

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, 2007
Business, Logistics

Target 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, 2007
Business, Safety, Government

Letters to the Editor: SafeStat, Corrosion Issues

May 2, 2007
Business, Safety, Government

Safety & Security Briefs — April 26 - May 2

May 2, 2007
Business, Government

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, 2007
Business, Safety, Government

Total 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, 2007
Business, Safety, Government

FMCSA’s Recorder Proposal Draws Concern, Criticism

May 2, 2007
Business, Safety, Government, Autonomous

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, 2007
Fuel, Business

Diesel 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