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

Consumer Confidence Rises in September

Consumer confidence rose in September, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

September 28, 2012
Business

Chicago Manufacturing Activity Contracts

Manufacturing activity in the Chicago area contracted for the first time in three years, the Institute for Supply Management-Chicago said Friday.

September 28, 2012
Business

Personal Spending Rises in August

Personal spending rose 0.5% in August, the Commerce Department said Friday.

September 28, 2012
Business

Traffic Deaths Rise at Record Rate, NHTSA Says

The total number of people killed in traffic crashes jumped 9% in the first half of 2012 to 16,290, the largest increase in first-half fatalities since the federal government started tracking the statistic.

September 28, 2012
Business, Logistics

Radiant Logistics’ Fiscal 4Q Profit Rises

Third-party logistics company Radiant Logistics’ fiscal fourth-quarter net income rose from a year ago.

September 27, 2012
Government, Business

NAFTA Surface Trade Rose 4.6% in July

Surface trade among the United States, Canada and Mexico was 4.6% higher in July than the same month a year ago, the Department of Transportation said Thursday.

September 27, 2012
Business

Durable Goods Orders Decline

Durable goods orders dropped in August, the Commerce Department said Thursday.

September 27, 2012
Business

Initial Jobless Claims Drop for Week

Initial jobless claims decreased last week by 26,000, the Labor Department said Thursday.

September 27, 2012
Business, Fuel

Oil Drops Below $90 a Barrel

Oil fell to an eight-week low Wednesday, closing below $90 a barrel for the first time since early August on signs of lower demand, Bloomberg reported.

September 26, 2012
Business

August New Home Sales Fall 0.3% But Hold Near Two-Year High

New home sales fell 0.3% in August but held near a two-year high, the Commerce Department said Wednesday.

September 26, 2012