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

July Industrial Production Rises 0.3%

Industrial production rose 0.3% in July, the Federal Reserve said Wednesday.

August 15, 2007
Government, Business, Safety

Editorial: A Silver Lining in a Tragedy

If you could ever see a silver lining in a tragedy as disastrous as the collapse of that Interstate 35W bridge in Minneapolis, it’s that the catastrophe brought the lamentable state of our nation’s infrastructure to the forefront of everyone’s attention.

August 15, 2007
Business, Safety, Government

Virginia Re-Inspecting Bridges Following Minn. Collapse

The Virginia Department of Transportation will re-inspect 11 bridge structures across the state beginning Wednesday to ensure their safety in light of the recent bridge collapse in Minneapolis that killed at least nine people, the Associated Press reported.

August 15, 2007
Business, Government

Consumer Price Index Rises 0.1%

The consumer price index inched up 0.1% in July, the smallest gain this year, the Labor Department said Wednesday.

August 15, 2007
Business, Government

N.Y. State Manufacturing Index Slips

Manufacturing growth in New York state slipped in August, the Federal Reserve Bank of New York said Wednesday.

August 15, 2007
Business, Safety, Government

Letters to the Editor: Cross-Border Issues, Hours of Service

I was hoping to see some relaxation in the cross-border commercial traffic fiasco. Once again, this is on hold until the next attempt — probably during the next administration.

August 15, 2007
Business, Technology, Government

Tropical Storm Moves Toward South Texas

A strengthening tropical storm in the Gulf of Mexico is moving toward the South Texas coast, but is on a track to bypass most of the state’s oil refineries, the Associated Press reported Wednesday.

August 15, 2007
Business, Logistics

US 1 Industries’ 2Q Income Rises

Logistics firm US 1 Industries said late Tuesday its second-quarter net jumped to $1.1 million or 9 cents a share, from $317,000 or 3 cents a year ago.

August 14, 2007
Business, Government

Hino to Team with Chinese Truck Maker

Hino Motors Ltd., the truckmaking unit of Toyota Motor Corp., will team with a Chinese manufacturer to make trucks and buses in China, Bloomberg reported.

August 14, 2007
Business, Safety, Government

Trimac’s 2Q Income Improves

Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings rose to C$7.9 million or about 17 cents per unit, from C$4.3 million or 8 cents a year earlier.

August 14, 2007