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.
New York State Manufacturing Index Jumps in February
Manufacturing growth in New York state rebounded in February from January, the Federal Reserve Bank of New York said Thursday.
February 15, 2007U.S. Import Prices Decline in January, Labor Department Reports
The price of goods imported to the United States fell 1.2% in January, the most in three months, the Labor Department said Thursday.
February 15, 2007First-Time Jobless Claims Jump 44,000 for Week
First-time U.S. jobless jumped last week by 44,000, the biggest increase since September 2005, the Labor Department said Thursday.
February 15, 2007Demand Grows for Transportation Sales Agents
A time-honored axiom of business is that everything begins with a sale. It’s a truism that seems especially apt in the transportation industry. After all, motor carriers need to find freight to fill their trailers. Shippers need to find carriers to haul their commodities.
Storm Shuts Down Section of I-78 in Pennsylvania
The big snow storm that paralyzed parts of the Midwest Wednesday shut down traffic on Interstate 78 for about 50 miles near the junction with Interstate 81 in Lebanon County, Pa., the Allentown Morning Call reported Thursday on its Web site.
February 15, 2007DOT’s Transportation Services Index Declines for 2006
The U.S. Transportation Department’s transportation services index fell 0.4% in 2006, its first annual decline since 2001, DOT said Wednesday.
February 14, 2007DaimlerChrysler’s Truck Sales Improve; May Sell Chrysler Unit
DaimlerChrysler AG said Wednesday it earned $4.3 billion or $4.17 per share last year, up from $3.8 billion or $3.70 a share in 2005, and the company said its truck unit's sales improved.
February 14, 2007Teamsters Approve Firm’s Plan to Reorganize Allied Holdings
Teamsters union leaders who represent auto-haul workers have unanimously approved a plan by private investment firm to reorganize auto hauler Allied Holdings, the union said late Tuesday.
February 14, 2007Security & Safety Briefs — Feb. 8 - Feb. 14
ATA Seeks Alerts to Fleets on Drivers’ CDLs • ATRI Seeking Input for Speed-Governor Survey • Idaho Eyes Raising Truck Speed Limit to 70 MPH • Mitsubishi Fuso Recalls 60,000 Trucks Overseas
February 14, 2007Trailer Maker Wabash National Reports Fourth-Quarter Loss
Trailer maker Wabash National Corp. reported a fourth-quarter loss of $5 million or 16 cents a share, compared with earning $20 million or 55 cents a year earlier.
February 14, 2007