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

Freight Forwarders Admit to Price Fixing

Six international freight forwarders have agreed to plead guilty and pay $50.3 million in fines in relation to a price-fixing investigation, federal officials said.

October 1, 2010
Business, Logistics

Logistics and Supply Chain Certification Programs

Following is a list of major logistics and supply chain education programs and what they offer.

October 1, 2010
Business, Government, Logistics

Consumer Confidence Falls in September

Consumer confidence declined in September, according to the latest Thomson Reuters/University of Michigan monthly consumer sentiment index released Friday.

October 1, 2010
Government, Business

NAFTA Surface Trade Rises 18.8% in July

Surface transportation trade among the United States, Canada and Mexico rose 18.8% in July from a year earlier, the Department of Transportation said.

September 30, 2010
Business, Logistics

Intermodal Traffic Sets Record for Year

Intermodal traffic increased 17.3% last week from a year earlier, the highest volume in 2010, the Association of American Railroads said.

September 30, 2010
Business

YRC, Teamsters Leadership Approve Labor Agreement

YRC Worldwide’s board and the Teamsters union’s leadership have each approved an agreement extending current pay cuts through 2015 and delaying YRC’s resumption of pension contributions until June.

September 30, 2010
Business, Government

Second-Quarter GDP Revised Up to 1.7%

The U.S. gross domestic product rose at a revised 1.7% annual rate in the second quarter, up slightly from the previously estimated 1.6%, the Commerce Department said Thursday.

September 30, 2010
Business

Chicago Manufacturing Index Jumps in September

Manufacturing activity in the Chicago region jumped in September, the Institute for Supply Chain Management-Chicago said Thursday.

September 30, 2010
Business, Logistics

CSX to Boost Dividend 8%

CSX Corp. said it would raise its quarterly dividend 8% to 26 cents per share, from the previous 24 cents.

September 30, 2010
Business

Jobless Claims Decline for Week

Initial jobless claims fell by 16,000 last week to 453,000, the Labor Department said Thursday.

September 30, 2010