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, Fuel

Diesel Fuel Average Price Dips 2¢ to $4.104 a Gallon After Commodity Prices ‘Crash’

The average price for a gallon of U.S. retail diesel declined last week for only the third time this year, dipping 2 cents to $4.104, the Department of Energy reported.

May 16, 2011

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Business, Logistics

Intermodal Volume Rises 9% in First Quarter

Intermodal traffic volume rose 9% in the first quarter, the fifth straight year-over-year increase, the Intermodal Association of North America said Friday.

May 13, 2011
Business, Government, Logistics

Port of L.A. Container Volume Rises 3.7% in April

Total container volume at the Port of Los Angeles rose 3.7% in April from a year ago, the 15th consecutive month of growth, the port said.

May 13, 2011
Business

Express-1 Reports Higher 1Q Income

Express-1 Expedited Solutions said its first-quarter profit climbed 34% to $1.1 million, or 3 cents per share, from $834,000, or 3 cents, a year ago.

May 13, 2011
Business

Consumer Confidence Improves in May

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

May 13, 2011
Business

Comments on Mexican Trucks Program Due to DOT Friday

Comments on the Department of Transportation’s revised program to allow Mexican trucks access to U.S. highways are due on Friday.

May 13, 2011
Business, Government

Consumer Price Index Increases 0.4%

The consumer price index gained 0.4% in April, the Labor Department said Friday.

May 13, 2011
Business, Logistics

Weekly Intermodal Traffic Rises 11.2%

Intermodal traffic rose 11.2% last week from a year ago, the Association of American Railroads said.

May 13, 2011
Business

Producer Price Index Gains 0.8% in April

Prices paid to U.S. producers rose 0.8% in April, the Labor Department said Thursday.

May 12, 2011
Business

Business Inventories Increase 1%

Business inventories rose 1% in March, the Commerce Department said Thursday.

May 12, 2011