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

GM Reports $950 Million Fourth-Quarter Profit

General Motors Corp. reported its second quarterly profit in two years on increased auto revenue and reduced labor costs, the automaker said Wednesday.

March 14, 2007
Business, Safety, Government

North American Surface Trade Jumps 8.9% in 2006

Surface trade among the United States, Canada and Mexico jumped 8.9% last year over 2005 levels, the Department of Transportation said Tuesday.

March 14, 2007
Business, Safety, Government, Technology, Equipment

Letter to the Editor: Speed Limits, Opening the Border

Click here to write a Letter to the Editor. There is a lot more traffic and a lot more going on behind the wheel other than turning it, with cellphones, Global Positioning System and onboard computers.

March 14, 2007
Business, Government, Safety, Autonomous

Sen. Murray Criticizes DOT Over Mexican Truck Plan

WASHINGTON — Sen. Patty Murray (D-Wash.), author of the rules Congress set for opening the U.S. border to Mexican trucks, told Transportation Secretary Mary Peters she suspected the agency may be stacking the deck in its recently announced pilot program.

Sean McNally | Staff Reporter
March 14, 2007
Government, Business, Safety

Security & Safety Briefs — March 8 - March 14

FMCSA Names Safety Committees • Highway Watch Debuts Online Training • Insurance Co. Not Liable in Conn. Crash

March 14, 2007
Business, Government, Safety, Autonomous

Interest Groups Fault FMCSA on Truck Safety

A coalition of trucking safety groups issued a report this week giving poor grades to the Federal Motor Carrier Safety Administration for failing to do enough to reduce large truck-related fatalities.

Sean McNally | Staff Reporter
March 13, 2007
Business, Government, Safety, Autonomous

Public Citizen Sues FMCSA Over Mexican Truck Plan

Safety-watchdog group Public Citizen said Tuesday it sued the Federal Motor Carrier Safety Administration on behalf of a highway safety organization to compel the agency to release information about recent decision to allow Mexican trucks onto U.S. highways.

March 13, 2007
Business, Fuel, Logistics, Government

Diesel Rises 5.9 Cents to $2.685 a Gallon in Sixth Straight Gain

The average national price of diesel fuel gained another 5.9 cents from last week in rising to $2.685 a gallon, a sixth straight increase, the Department of Energy said Monday.

March 13, 2007
Business, Government

Business Inventories Gain 0.2% in January

U.S. business inventories rose 0.2% in January, but sales declined by the most in four months, the Commerce Department said Tuesday.

March 13, 2007
Business, Government

Retail Sales Rise 0.1% in February

U.S. retail sales rose 0.1% in February, the Commerce Department reported Tuesday.

March 13, 2007