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

EPA Head to Resign in Early 2013

U.S. Environmental Protection Agency chief Lisa Jackson will step down after four years with the agency, Bloomberg reported.

December 27, 2012
Business

Labor, Ports Agree to Renewed Talks Before Contract Deadline

The International Longshoremen's Association and East and Gulf coast port operators have agreed to attend a meeting before the current contract expires on Dec. 29, according to the Federal Mediation and Conciliation Service.

December 27, 2012
Business, Logistics

Consumer Confidence Falls in December

Consumer confidence declined in December, the New York-based Conference Board said Thursday.

December 27, 2012
Business

New Home Sales Rise to Two-Year High

New home sales rose 4.4% in November to a two-year high, the Commerce Department said Thursday.

December 27, 2012
Business, Fuel

Diesel Drops 2.2¢ to $3.923 a Gallon

Diesel continued to decline, falling 2.2 cents to $3.923 a gallon from $3.954, its ninth drop in the past 10 weeks, while gasoline increased by 0.3 cent to 3.257, the Department of Energy said.

December 27, 2012
Business, Safety, Equipment

Used Truck Sales, Trailer Orders Fall in November

Sales of Class 8 used trucks and orders for new trailers fell in November from the previous month, according to ACT Research.

December 27, 2012
Business

Initial Jobless Claims Drop for Week

Initial jobless claims dropped by 12,000 last week, the Labor Department said Thursday.

December 27, 2012
Business

Tolls at NYC Bridges, Tunnels to Increase

The New York Metropolitan Transportation Authority voted last week to raise tolls for trucks and cars on its six bridges and two tunnels, effective March 1.

December 27, 2012
Perspective, Business, Fuel

Opinion: Natural Gas — Proceed, But With Caution

America’s natural-gas boom has the potential to be another big win — if we work together to do it the right way. But if we don’t get it right, substituting natural gas for diesel in our longhaul trucking fleet could just as easily become a losing proposition for everyone concerned.

December 24, 2012
Editorial, Business

Editorial: Reviewing 2012

This was a year of generally steady, but modest, gains for the economy as a whole — and trucking in particular — as detailed in this issue of Transport Topics.

December 24, 2012