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.
First-quarter U.S. worker productivity rose 1.7%, the Labor Department said Thursday.May 3, 2007
Dutch postal company TNT NV said Thursday its first-quarter profit more than doubled from a year ago to $582 million, the Associated Press reported.May 3, 2007
Initial jobless claims fell by 21,000 last week, the Labor Department said Thursday.May 3, 2007
The chairwoman of the Senate panel responsible for funding the Federal Motor Carrier Safety Administration criticized the agency for not doing enough to keep unsafe trucks and drivers off U.S. highways.May 2, 2007
By Dan Leone, Staff Reporter
This story appears in the April 30 print edition of Transport Topics. Click here to subscribe today.May 2, 2007
Patriot Transportation Holding said its net income rose to $2.6 million or 83 cents a share for its fiscal second quarter, from $1.7 million or 56 cents a year earlier.May 2, 2007
Freight forwarder Target Logistics said Wednesday its fiscal third-quarter profit fell to $340,000 or 2 cents a share, from $610,000 or 3 cents a year ago.May 2, 2007
These letters appear in the April 30 print edition of Transport Topics. Click here to subscribe today.
SafeStat RebukedMay 2, 2007
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May 2, 2007
Factory orders jumped 3.1% in March, the biggest gain in a year, the Commerce Department said Wednesday.May 2, 2007