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, Government, Autonomous

Fed ‘Beige Book’ Report Reports Weaker Trucking Demand

The Federal Reserve said Wednesday that its 12 district banks reported a moderate pace of growth and inflation late last year as labor markets tightened, and several regional banks reported softer trucking demand.

January 18, 2007
Business, Government, Safety, Autonomous

ATA Names New America’s Road Team for 2007-2008

American Trucking Associations Wednesday named the members of the 2007-2008 America’s Road Team, an elite group of drivers who have driven millions of miles safely and will serve as trucking ambassadors for the next two years.

January 17, 2007
Business, Fuel, Logistics, Government

Diesel Price Continues to Fall, Dropping 7.4 Cents to $2.463

The average national retail price of diesel fuel fell 7.4 cents to $2.463 a gallon, the Department of Energy reported Tuesday.

January 17, 2007
Business, Safety, Government, Logistics

Con-way, APL Logistics Expand Asian Port Service

Con-way Freight and APL Logistics said Wednesday they are adding four new Asian ports to the OceanGuaranteed less-than-container-load cargo service to the United States they started last summer.

January 17, 2007
Business

Security & Safety Briefs — Jan. 11 - Jan. 17

Newspaper Series Cites Rail-Security Flaws • Kentucky Begins ‘Primary’ Seat Belt Enforcement

January 17, 2007
Business

Industrial Production Gains 0.4% in December

U.S. industrial production rose 0.4% in December, the Federal Reserve said Wednesday.

January 17, 2007
Business, Safety, Government, Logistics

Mullen Group Income Fund Co-CEO Steps Down

Canadian transportation firm Mullen Group Income Fund’s co-chief executive officer, Pat Powell, tendered his resignation, the company said late Tuesday.

January 17, 2007
Business, Government, Safety

Opinion: 4-Wheel Drivers Also Need Safety Training

Click here to write a Letter to the Editor. As I review crash-related death and injury reports year after year, I am astounded by the tolerance of the American people for the mayhem on our highways. In 2005, an average of some 119 people died each day in motor vehicle crashes — one every 12 minutes — for a total of 43,443 people.

January 17, 2007
Business, Government, Technology, Equipment, Safety

Letter to the Editor: Trade Support and Security

U.S. Customs and Border Protection is developing a commercial trade processing system — the Automated Commercial Environment — designed to facilitate legitimate cross-border trade while strengthening border security.

January 17, 2007
Business, Government

Producer Price Index Rises 0.9% in December

The producer price index rose 0.9% in December, the Labor Department reported Wednesday.

January 17, 2007