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.

Fuel, Business, Government

Diesel Rises 3.7¢ to $2.877

The average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.

April 17, 2007
Business

FedEx Sets New Brokerage Service

FedEx Corp. said Tuesday it has introduced a new brokerage company called FedEx Truckload Brokerage.

April 17, 2007
Business

Werner’s 1Q Income Declines

Truckload carrier Werner Enterprises said its first-quarter profit declined 29% on lower demand.

April 17, 2007
Business, Government

Consumer Prices Rise 0.6%

The consumer price index rose 0.6% in March, the Labor Department reported Tuesday.

April 17, 2007
Business

Industrial Production Falls

U.S. industrial production fell 0.2% last month, the Federal Reserve said Tuesday.

April 17, 2007
Business, Government

Group May Pull Out of N.Y. Port Deal

The Ontario Teachers Pension Plan may abandon a proposed takeover of a big New York port terminal because of a fee dispute with the port authority, the Toronto Globe and Mail newspaper reported Monday.

April 16, 2007
Business, Equipment

Eaton’s 1Q Profit Improves

Vehicle parts manufacturer Eaton Corp. said Monday that its first-quarter net earnings were $234 million or $1.56 a share, up from $208 million or $1.36 a year ago.

April 16, 2007
Business, Government

N.Y. State Factory Index Rises

Manufacturing growth in New York state rose this month but remained near a two-year low, the Federal Reserve Bank of New York said Monday.

April 16, 2007
Business, Government

Retail Sales Rise 0.7%

Retail sales rose 0.7% in March, the biggest jump in three months, the Commerce Department said Monday.

April 16, 2007
Business, Government, Safety, Autonomous

Truck Stops Concerned About Supplying Urea

April 16, 2007