Trucking Business News

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, Government

CPI Unchanged in February

The consumer price index was unchanged in February, the Labor Department said Friday.

March 14, 2008
Government, Business, Safety, Fuel

EPA Sets New Ozone Standard

The Environmental Protection Agency reduced its primary eight-hour ozone standard to 0.075 parts per million from 0.084 ppm to comply with the requirements of the Clean Air Act.

March 14, 2008
Business, Safety

Intermodal Traffic Drops 15.1%

Rail carload traffic fell and intermodal traffic dropped sharply for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.

March 13, 2008
Business, Fuel

Oil Closes Over $110 a Barrel

Crude oil closed above $110 a barrel for the first time Thursday after hitting an intraday record $111, Bloomberg reported.

March 13, 2008
Business

Chrysler Plans 2-Week Shutdown

Chrysler LLC, the third-largest U.S. automaker, will shut down the entire company for two weeks in July, in a period when it usually shuts its assembly plants, Bloomberg reported.

March 13, 2008
Business

Quality Reports $11 Million 4Q Loss

Tank truck carrier Quality Distribution said it took a fourth-quarter loss of $11.2 million, or 58 cents a share, compared with a profit of $6.1 million, or 31 cents, a year ago.

March 13, 2008
Business, Government

Retail Sales Decline 0.6% in February

Retail sales fell 0.6% in February, the Commerce Department said Thursday.

March 13, 2008
Business, Government

Import Prices Rise 0.2%

The price of goods imported to the United States rose 0.2% last month, the Labor Department said Thursday.

March 13, 2008
Business

Jobless Rolls Hit Two-and-a-Half-Year High

Initial jobless claims were unchanged last week but the number of people on jobless rolls hit a two-and-a-half-year high, the Labor Department said Thursday.

March 13, 2008
Business, Safety, Government

DOT’s Freight Transport Index Rises

The Department of Transportation’s freight transportation services index for January rose 2.7% from a year earlier, DOT said Wednesday.

March 12, 2008