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

Quality Distribution Names Thomas White Chairman

Tank truck carrier Quality Distribution named Thomas White its new chairman, the company said late Thursday.

May 16, 2008
Business, Safety

ATA to Manage Distribution & LTL Carriers Association

American Trucking Associations said Thursday it has assumed management of the Distribution & LTL Carriers Association, which represents for-hire trucking companies engaged in less-than-truckload freight shipments and warehousing.

May 15, 2008
Business

Trailer Bridge Reports 1Q Loss

Trailer Bridge Inc. said late Thursday it lost $1.8 million, or 15 cents a share, in the first quarter, compared with earning $1.3 million, or 11 cents, a year ago.

May 15, 2008
Business, Safety

Intermodal Traffic Falls 1.1%

Rail intermodal traffic fell 1.1% for the week ended Saturday compared with the same week last year, the Association of American Railroads said.

May 15, 2008
Business, Government, Logistics

Ontario-U.S. Truck Border Crossings Decline

Truck crossings from the Canadian province of Ontario into the United States have fallen 5.6% in 2008 compared with the same period last year, the Ontario Trucking Association said Thursday.

May 15, 2008
Business, Government

Philadelphia Manufacturing Index Improves

Manufacturing levels in the Philadelphia region improved this month, but continued to show contraction, the Federal Reserve Bank of Philadelphia said Thursday.

May 15, 2008
Business

ActionView to Buy Jim Palmer Trucking

ActionView International, which makes illuminated motion billboards, said it signed a letter of intent to buy Montana-based refrigerated carrier Jim Palmer Trucking.

May 15, 2008
Business

U.S. Industrial Production Drops 0.7%

U.S. industrial production fell 0.7% in April, the Federal Reserve said Thursday.

May 15, 2008
Business, Government

New York Manufacturing Index Declines

Manufacturing growth in New York state fell this month, the Federal Reserve Bank of New York said Thursday.

May 15, 2008
Business

Jobless Claims Rise 6,000 for Week

Initial jobless claims rose by 6,000 last week, the Labor Department said Thursday.

May 15, 2008