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

Import Prices Grow 1.1% in December

The price of goods imported to the United States increased 1.1% in December, the Labor Department said Wednesday.

January 12, 2011

Infographic: Ryder’s Foundation for a Successful Freight Brokerage

Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.

Business, Fuel

Diesel to Average $3.40 This Year, DOE Says

The Department of Energy continued to boost its projected price of diesel fuel, saying it will average $3.40 this year — a jump of 17 cents from its forecast last month.

January 12, 2011
Business

Snowstorm to Hit Northeast with 9 to 18 Inches

Officials are warning that the snowstorm that disrupted travel across the south this weekend has turned into a powerful nor'easter that is bearing down on the Northeast.

January 11, 2011
Business

Mexico Ends Rotating Tariffs in Truck Dispute

Mexico will maintain its existing tariffs on U.S. goods but will stop rotating tariffs on other products in a gesture to end the ongoing dispute over the U.S. cross-border trucking program, the Associated Press reported.

January 11, 2011
Business

Daimler Boosts Stake in Mitsubishi Fuso

Daimler AG boosted its stake in Mitsubishi Fuso Truck & Bus Corp. by about $360 million, to benefit from a recovery in global demand for commercial vehicles, Bloomberg reported Tuesday.

January 11, 2011
Business

Wholesale Inventories Decline 0.2%

Wholesale inventories declined 0.2% in November, the Commerce Department said Tuesday.

January 11, 2011
Business, Fuel

Diesel Rises 0.2¢ to $3.333 in Sixth Straight Increase

Diesel rose for the sixth straight week though its increase slowed, gaining 0.2 cent to a national average $3.333 a gallon at the pump, the Department of Energy reported.

January 11, 2011
Business

DEF Dispensers to Be Installed at 50 TravelCenters Truck Stops

TravelCenters of America said that it will install diesel exhaust fluid dispensers at fuel islands of 50 of its truck stops during 2011.

January 10, 2011
Business

Snow, Ice Cause Problems in Southeast

Snow and ice in the Southeast overnight caused temporary closure of some highways and forced cancellation of thousands of flights in and out of Atlanta on Monday, news services reported.

January 10, 2011
Business, Fuel

Oil Rises from Three-Week Low

Oil rose in early trading Monday after finishing Friday at a three-week low near $88 a barrel, Bloomberg reported.

January 10, 2011