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.
Industrial Production Flat in May
Industrial production was unchanged in May, the Federal Reserve said Friday.
June 15, 2007Consumer Confidence Index Slips
U.S. consumer confidence fell this month, according to the University of Michigan’s monthly consumer sentiment index released Friday.
June 15, 2007Letters to the Editor: Calif. Ports, Seat Belts, Antitrust Immunity
The American Trucking Associations, California Trucking Association and Owner-Operator Independent Drivers Association need to get together and stop the restructuring of the California ports.
June 15, 2007May CPI Rises 0.7%
The consumer price index rose 0.7% in May, the Labor Department said Friday.
June 15, 2007Senate Panel Delays Border-Card Rule
The Senate Appropriations Committee approved an amendment to halt the launch of a plan for a new border-crossing card for at least 17 months, in order to give the Departments of State and Homeland Security more time to fix its problems
June 15, 2007Smithway Approves Acquisition by Western Express
Smithway Motor Xpress Corp. said its shareholders have approved the company’s acquisition by Western Express for $10.63 a share.
June 14, 2007Oil Rises Following DOE Report
Crude oil prices rose Thursday to their highest level in 11 weeks, on continued concerns over U.S. refinery capacity and output, Bloomberg reported.
June 14, 2007Rail, Intermodal Levels Decline
Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
June 14, 2007Trucking Software Company Founder J.J. Keller Dies
John J. “Jack” Keller, who founded trucking software firm J.J. Keller & Associates, died Wednesday, Gannett Wisconsin Newspapers reported.
June 14, 2007Producer Price Index Climbs 0.1%
Prices paid to U.S. producers rose 0.9% in May, the fourth consecutive increase, the Labor Department said Thursday.
June 14, 2007