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Rising Transport Costs Push Shippers to Reshape Packaging

Whether the product is laundry detergent or basketballs or almost anything else, changing the way things are packaged to make the most out of a trailer’s space is introducing a little-noticed structural change to the trucking industry.

August 25, 2008

Teamsters Set Deal With Interstate Bakeries’ Creditors

The Teamsters union said it negotiated a deal between investor Ripplewood Holdings and Interstate Bakeries Corp.’s creditors to save the company from liquidation and protect union jobs.

August 21, 2008

Leading Economic Indicators Fall 0.7%

An index of leading economic indicators fell 0.7% in July, the New York-based Conference Board said Thursday.

August 21, 2008

Philadelphia Manufacturing Index Shows Continued Contraction

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

August 21, 2008

Oil Climbs More Than $5 to Top $121 a Barrel

Oil rose more than $5 Thursday to close at $121.18 a barrel, based on renewed tensions between the United States and Russia and a slip in the U.S. dollar, the Associated Press reported.

August 21, 2008

Teamsters Seeking Help from Interstate Bakeries’ Creditors

The Teamsters union, which represents 9,500 employees of bankrupt Interstate Bakeries Corp., said hopes for the company’s successful emergence from bankruptcy were dimming, the Kansas City Star reported.

August 20, 2008

Peters Seeks Support of States, Companies for DOT Transport Plan

Transportation Secretary Mary Peters said the Bush administration’s plan to encourage more local and private involvement in transportation funding hinges on support from business leaders and state officials, Bloomberg reported Wednesday.

August 20, 2008

Ohio Panel Holds Hearing on DHL-UPS Air Deal

About 200 people packed a legislative meeting in Ohio Tuesday to hear testimony on the potential impact of DHL’s plans to switch its domestic air cargo to UPS Inc., the Associated Press reported.

August 20, 2008

Goodyear to Close 92 U.S. Retail Outlets

Goodyear Tire & Rubber Co. plans to close 92 retail stores with about 500 full-time workers by the end of the year because of their lack of profitability, Bloomberg reported.

August 20, 2008