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.
December Producer Price Index Rises 1.1%
Prices paid to U.S. producers rose by the most in almost a year, gaining 1.1% in December, the Labor Department said Thursday.
January 13, 2011Daily Briefings from Transport Topics
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DOT Freight Transportation Index Rises 0.1%
The Department of Transportation’s freight transportation services index rose 0.1% in November from a year earlier, the 11th straight year-over-year gain.
January 12, 2011Fed Sees Mixed Transportation Demand
U.S. economic activity continued to “expand moderately” between mid-November and early January, but demand for transportation services was mixed, the Federal Reserve said.
January 12, 2011ATA Names Drivers to America’s Road Team
American Trucking Associations announced Wednesday that it had named 18 truck drivers to represent the industry as America's Road Team.
January 12, 2011Import 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, 2011Diesel 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, 2011Snowstorm 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, 2011Mexico 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, 2011Daimler 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, 2011Wholesale Inventories Decline 0.2%
Wholesale inventories declined 0.2% in November, the Commerce Department said Tuesday.
January 11, 2011