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.
NYC Teamsters Back Congestion-Pricing Plan
Teamsters union leaders representing thousands of New York City truck drivers said they support the city’s plan to charge new tolls on vehicles entering Manhattan during weekday business hours, Bloomberg News reported.
June 14, 2007Jobless Claims Unchanged for Week
Initial jobless claims were unchanged last week at 311,000, the Labor Department said Thursday.
June 14, 2007ATA Names Ray Kuntz Chairman
Montana trucking executive Ray Kuntz was named Chairman of American Trucking Associations, ATA said after its executive committee met on Tuesday in Dallas.
June 13, 2007Fed ‘Beige Book’ Cites Trucking Slowdowns
The Federal Reserve gave a generally positive assessment of the U.S. economy last week as manufacturing and job growth picked up, but the Fed’s report cited some regional slowdowns in trucking and truck manufacturing.
June 13, 2007DHL Buys Stake in Miami Air Cargo Firm
DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.
June 13, 2007Business Inventories, Sales Rise
U.S. business inventories rose 0.4% in April as sales rose, the Commerce Department said Wednesday.
June 13, 2007CVSA Conducts Roadcheck; Md. Trucker Gets Big Fine
Retail Sales Jump 1.4% in May
Retail sales rose by the most in more than a year last month, gaining 1.4%, the Commerce Department said Wednesday.
June 13, 2007VW Wants Talks with MAN, Scania
Volkswagen AG wants to being official talks on closer cooperation between its truck division and fellow European manufacturers MAN and Scania by next month, Bloomberg reported Wednesday.
June 13, 2007Import Prices Rise 0.9%
The price of goods imported to the United States rose 0.9% in May for a fourth straight gain, the Labor Department said Wednesday
June 13, 2007