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

Trucking Sees Slow Growth in New Year

The forecast for the year ahead for trucking looks a lot like what happened in the year just ended, with economic growth hampered by elevated levels of unemployment, weak spending by consumers and businesses, and ongoing uncertainty about federal spending and taxes.

January 7, 2013
Business

Drivers Battle for America’s Road Team

Dozens of truck drivers will undergo a rigorous two-day test this week in hopes of qualifying for America’s Road Team.

January 7, 2013
Business

TRB Panels to Examine Transportation Funding, Aftermath of Superstorm Sandy at Conference

The Transportation Research Board said the new federal transportation funding law and the effects of Superstorm Sandy will be among the topics discussed at its meeting later this month.

January 7, 2013
Business, Logistics

November Trailer Orders Decline From Strong Year-Ago Performance

Orders for new U.S. trailers tumbled 22.8% to 22,306 in November from the same month in 2011, when new orders hit a recent peak, but manufacturers said they remained very busy at the end of 2012.

January 7, 2013
Business, Government

Jackson Stepping Down as EPA Administrator

Lisa Jackson will step down soon as administrator of the Environmental Protection Agency after four years that included the development of the first greenhouse-gas standards for heavy-duty trucks.

January 7, 2013
Business, Fuel

Fuel-Price Spread Near Four-Year High Despite Recent Diesel, Gasoline Changes

U.S. retail diesel prices declined a combined 2.7 cents a gallon over the final two weeks of 2012, to reach $3.918, while the gasoline average rose 4.4 cents to $3.298 over the same span, the Department of Energy reported.

January 7, 2013
Business

Trucking Adds 4,200 Jobs, Unemployment Rate Unchanged at 7.8%

Trucking added 4,200 jobs in December as the U.S. unemployment rate was unchanged at 7.8%, matching the lowest in almost four years, the Labor Department said Friday.

January 4, 2013
Business

NAFTA Surface Trade Rises 7.9% in October

Surface trade among the United States, Canada and Mexico was 7.9% higher in October than the same month last year, the Department of Transportation reported Friday.

January 4, 2013
Business

Toll Rates to Increase in Pennsylvania

The Pennsylvania Turnpike Commission said rates will increase Jan. 6 on the turnpike and other toll roads in the state.

January 4, 2013
Business, Logistics

Intermodal Traffic Up 3.2% for Year

U.S. rail intermodal traffic rose 3.2% to 12.3 million containers and trailers in 2012 from the year before, the second highest total on record, the Association of American Railroads said.

January 4, 2013