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

Consumer Confidence Rises in February

Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

March 1, 2013

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Logistics

Intermodal Traffic Rises 11% for Week

U.S. rail intermodal traffic rose 11% to 238,083 units last week over the same week a year ago, the Association of American Railroads said.

March 1, 2013
Business

Personal Spending Rises in January as Incomes Drop

Personal spending rose 0.2% in January as incomes fell by the most in 20 years, the Commerce Department said Friday.

March 1, 2013
Business, Equipment

Commercial Vehicle Group CEO Dunn to Retire This Year

Component supplier Commercial Vehicle Group said Friday that CEO Mervin Dunn will retire this year but will remain in the post until a successor is appointed.

March 1, 2013
Government, Business

Nafta Surface Trade Slips 3.2% in December

Surface trade among the United States, Canada and Mexico fell 3.2% in December from the same month a year earlier, the Department of Transportation said Thursday.

February 28, 2013
Business

ATA Says No Delay of HOS Rule Will Cost Trucking Industry $320 Million

American Trucking Associations said Thursday the Federal Motor Carrier Safety Administration’s decision not to delay implementation of FMCSA’s hours-of-service rule will cost the trucking industry about $320 million between now and July 1.

February 28, 2013
Business, Fuel

Nat Gas Production Seen Robust Through 2040, Journal Reports

Natural-gas production in the United States will continue strong growth through 2040, the Wall Street Journal reported Thursday.

February 28, 2013
Business, Equipment

Visteon Posts Fourth-Quarter Profit

Vehicle parts manufacturer Visteon Corp. posted a fourth-quarter profit, improving upon the loss it experienced during the same time in 2011.

February 28, 2013
Business

Chicago Manufacturing Activity Expands in February

Manufacturing activity in the Chicago area expanded in February, the Institute for Supply Management-Chicago said Thursday.

February 28, 2013
Business

Initial Jobless Claims Fall for Week

Initial jobless claims fell by 22,000 last week, the Labor Department said Thursday.

February 28, 2013