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

Industrial Production Grows in November

Industrial production rose 0.4% in November, the Federal Reserve said Wednesday.

December 15, 2010
Business, Government

New York ‘Empire’ Manufacturing Index Expands

Manufacturing activity in the New York region expanded this month, the Federal Reserve Bank of New York said Wednesday.

December 15, 2010
Business, Government

Consumer Price Index Rises 0.1%

The consumer price index rose 0.1% in November, the Labor Department said Wednesday.

December 15, 2010
Business

Truck-Weight Pilot Program Wins Support

U.S. Sen. Susan Collins has persuaded her Appropriations Committee colleagues to include a provision in the government’s pending funding plan that would continue to allow trucks weighing over 80,000 pounds continue running on interstate highways in Maine and Vermont.

Michele Fuetsch | Staff Reporter
December 14, 2010
Business

Fed Holds Interest Rate at Record Low

The Federal Reserve voted Tuesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%, though it cited concerns over continued high unemployment.

December 14, 2010
Business

Business Inventories Rise 0.7%

Business inventories rose 0.7% in October, the Commerce Department said Tuesday.

December 14, 2010
Business

Producer Price Index Rises More Than Forecast

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

December 14, 2010
Business

Retail Sales Continues to Climb, Rising 0.8%

Retail sales continued to rise, increasing 0.8% in November, the Commerce Department reported Tuesday.

December 14, 2010
Business, Fuel

Diesel Rises 3.4¢ to $3.231 in Latest Two-Year High

Diesel rose to its latest two-year high — the third time it has done so in the past month — rising 3.4 cents to $3.231 a gallon, the Department of Energy said.

December 14, 2010
Business, Logistics

OHL Names North American Transportation President

Ozburn-Hessey Logistics said Dec. 13 it promoted Greg Sanders president of the company’s North America Transportation unit.

December 14, 2010