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, Fuel

Oil Falls to One-Week Low Under $86

Oil fell to less than $86 a barrel, its lowest level in a week, on concerns over whether U.S. lawmakers will reach a budget-deficit deal, Bloomberg reported.

November 28, 2012
Business

New Home Sales Fall 0.3%

New home sales fell 0.3% in October, the Commerce Department said Wednesday.

November 28, 2012
Government, Business

NAFTA Surface Trade Falls for First Time Since 2009

Surface trade among the United States, Canada and Mexico fell 0.1% in September from the same month last year, the first decrease since November 2009, the Department of Transportation reported.

November 27, 2012
Government, Business

Appeals Court to Rule on California Meal-Break Law

A trio of California Penske driver-installers has asked a federal appeals court to overturn a lower federal court ruling that exempts motor carriers from compliance with the state’s meal- and rest-break requirements.

Eric Miller | Senior Reporter
November 27, 2012
Special Coverage, Business, Fuel

NatGas Summit’s Opening Reception Set for Wednesday Evening

American Trucking Associations’ welcome reception to the Summit on Natural Gas in Trucking is set for Wednesday from 5:30 to 7 p.m.

November 27, 2012
Government, Business

Governors to Present Transportation Funding Plans

Four governors are preparing transportation funding plans to present to their legislatures early next year, and at least two governors are not ruling out higher fuel taxes.

Michele Fuetsch | Staff Reporter
November 27, 2012
Business, Logistics

Consumer Confidence Rises to Four-Year High

Consumer confidence rose to a four-year high in November, the New York-based Conference Board said Tuesday.

November 27, 2012
Business, Fuel

Diesel Rises 5.8¢ to $4.034 a Gallon; Gasoline Gains for First Time in Seven Weeks

Diesel rose 5.8 cents to $4.034 a gallon — its first gain in six weeks — while gasoline rose for the first time in seven weeks, the Department of Energy reported.

November 27, 2012
Business

Durable Goods Orders Flat in October

Durable goods orders were little changed in October, the Commerce Department said Tuesday.

November 27, 2012
Business, Logistics

APL Logistics Acquires Carmichael International

APL Logistics said it has acquired U.S. Customs brokerage firm Carmichael International Service. No terms were disclosed.

November 27, 2012