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

Jobless Claims Rise by 28,000 for Week

Initial jobless claims rose by 28,000 last week, the Labor Department said Thursday.

April 4, 2013
Government, Business

Idaho Gov. Signs Anti-Indemnification Law, Approves Heavier Trucks

Idaho Gov. C.L. “Butch” Otter has signed bills that will protect truckers from unfair shipping contracts and make permanent a 129,000-pound weight limit for trucks on state routes.

Michele Fuetsch | Staff Reporter
April 4, 2013
Business, Safety

Drug, Alcohol Database Proposal Sent to White House for Review

The White House has started to review a proposed regulation that would create a national database of every commercial driver who has failed a required drug or alcohol test or refused to take one — the final review before the proposal can be issued.

Timothy Cama | Staff Reporter
April 4, 2013
Business

Continental Express Acquires Ranger Refrigerated

Truckload carrier Continental Express said it has acquired Texas carrier Ranger Refrigerated Express Corp. Terms were not disclosed.

April 3, 2013
Business

March Truck Orders Increase 11% Year-Over-Year

Orders for Class 8 trucks were 11% higher in March than the same month last year, at 21,817 units, according to preliminary data released by FTR Associates.

April 3, 2013
Business, Fuel

Oil Takes Biggest Drop of Year as Supplies Rise

Oil took its biggest drop of the year Wednesday, declining almost $3 per barrel following a Department of Energy report that showed inventories rose to the highest level since 1990, Bloomberg News reported.

April 3, 2013
Government, Business

Ohio Transportation Law Will Raise Speed Limit to 70 MPH

Ohio Gov. John Kasich (R) signed a two-year, $7.6 billion transportation measure into law that will raise the top speed limit on the state’s interstate highways to 70 mph, news reports said.

April 3, 2013
Business

U.S. Auto Sales Jump in March

U.S. automakers reported their strongest March sales in five years, the Wall Street Journal reported Wednesday.

April 3, 2013
Business, Equipment

Yokohama Tire Names CEO, Creates Mexican Subsidiary

Yokohama Tire Corp. named a new CEO and said it was opening a new subsidiary in Mexico.

April 3, 2013
Business

ATRI Surveying Carriers on Operational Costs

The American Transportation Research Institute is surveying motor carriers on their operational costs.

April 2, 2013