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.
Consumer Price Index Rises 0.5% in December
U.S. consumer prices rose 0.5% in December, the most since April, following no change in November, the Labor Department said Thursday.
January 18, 2007New Housing Starts Jump 4.5% in December
U.S. new housing starts jumped 4.5% in December as builders took advantage of warmer weather, the Commerce Department said Thursday.
January 18, 2007Ceva Logistics Appoints John Pattullo CEO
Ceva Logistics said Thursday that it named John Pattullo chief executive officer of the company.
January 18, 2007Fed ‘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, 2007ATA 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, 2007Diesel 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, 2007Con-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, 2007Security & Safety Briefs — Jan. 11 - Jan. 17
Newspaper Series Cites Rail-Security Flaws • Kentucky Begins ‘Primary’ Seat Belt Enforcement
January 17, 2007Industrial Production Gains 0.4% in December
U.S. industrial production rose 0.4% in December, the Federal Reserve said Wednesday.
January 17, 2007Mullen 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