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, Fuel, Logistics, Government

Diesel Price Continues to Fall, Dropping 7.4 Cents to $2.463

The average national retail price of diesel fuel fell 7.4 cents to $2.463 a gallon, the Department of Energy reported Tuesday.

January 17, 2007
Business, Safety, Government, Logistics

Con-way, APL Logistics Expand Asian Port Service

Con-way Freight and APL Logistics said Wednesday they are adding four new Asian ports to the OceanGuaranteed less-than-container-load cargo service to the United States they started last summer.

January 17, 2007
Business

Security & Safety Briefs — Jan. 11 - Jan. 17

Newspaper Series Cites Rail-Security Flaws • Kentucky Begins ‘Primary’ Seat Belt Enforcement

January 17, 2007
Business

Industrial Production Gains 0.4% in December

U.S. industrial production rose 0.4% in December, the Federal Reserve said Wednesday.

January 17, 2007
Business, Safety, Government, Logistics

Mullen Group Income Fund Co-CEO Steps Down

Canadian transportation firm Mullen Group Income Fund’s co-chief executive officer, Pat Powell, tendered his resignation, the company said late Tuesday.

January 17, 2007
Business, Government, Safety

Opinion: 4-Wheel Drivers Also Need Safety Training

Click here to write a Letter to the Editor. As I review crash-related death and injury reports year after year, I am astounded by the tolerance of the American people for the mayhem on our highways. In 2005, an average of some 119 people died each day in motor vehicle crashes — one every 12 minutes — for a total of 43,443 people.

January 17, 2007
Business, Government, Technology, Equipment, Safety

Letter to the Editor: Trade Support and Security

U.S. Customs and Border Protection is developing a commercial trade processing system — the Automated Commercial Environment — designed to facilitate legitimate cross-border trade while strengthening border security.

January 17, 2007
Business, Government

Producer Price Index Rises 0.9% in December

The producer price index rose 0.9% in December, the Labor Department reported Wednesday.

January 17, 2007
Business, Technology, Government, Safety

Congress Takes Action on Bills to Improve Cargo Security

In their first days as Congress’ new majority, Democrats on Capitol Hill introduced legislation calling for greater cargo screening and tracking of hazardous materials shipments.

Sean McNally | Staff Reporter
January 17, 2007
Business, Safety, Government

YRC Management Unit to Oversee Yellow, Roadway Brands

Less-than-truckload carrier YRC Worldwide, formerly Yellow Roadway Corp., said Monday it created a new management structure to oversee its Yellow Transportation and Roadway brands.

January 16, 2007