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

Chicago Manufacturing Activity Slips

Manufacturing activity in the Chicago area slipped slightly in August, the Institute for Supply Management-Chicago said Friday.

August 31, 2012
Business

EPA Sets Rule Allowing Navistar to Sell 2010 Engines

Navistar Inc. will once again be able to pay a penalty to sell heavy-duty diesel engines that violate 2010 emissions standards, thanks to a new federal regulation that replaces a previous set of penalties overturned by a court in June.

August 31, 2012
Business

Transport Topics Closed for Labor Day

Transport Topics is closed Monday for the Labor Day holiday. Please check back on Tuesday, Sept. 3, for the latest trucking and freight transportation news.

August 30, 2012
Business

Several Major Louisiana Roadways Shut from Isaac Flooding

Several major traffic arteries around near New Orleans are closed because of lingering floods from Hurricane Isaac, the Associated Press reported Thursday.

August 30, 2012
Business, Fuel

Maersk’s Bid to Run Va. Port Challenged As Two Unidentified Firms Show Interest

Two more companies have ex­pressed interest in taking over operations at the Port of Virginia, creating alternatives to an earlier offer from Maersk, which operates the largest container shipping fleet.

August 30, 2012
Business, Technology

Ohio Texting Ban Takes Effect

The texting ban for Ohio drivers took effect Aug. 31, the Associated Press reported.

August 30, 2012
Business

White House Clears EPA Rule to Allow Navistar Engine Sales

The White House approved a regulation that could allow Navistar Inc. to resume selling heavy-duty diesel engines that violate 2010 emissions standards while paying a penalty.

Timothy Cama | Staff Reporter
August 30, 2012
Business

Personal Spending Rises for First Time in Three Months

Personal spending rose for the first time in three months, gaining 0.4% in July, the Commerce Department said Thursday.

August 30, 2012
Business

Initial Jobless Claims Unchanged

Initial jobless claims were little changed at 374,000 in the week ending Aug. 25, matching the prior week’s revised figure, the Labor Department said Thursday.

August 30, 2012
Business, Fuel

Oil Falls as Isaac Slams New Orleans

Oil prices fell to below $96 a barrel Wednesday as analysts saw limited production disruptions even as Hurricane Isaac made landfall into New Orleans overnight, Bloomberg reported.

August 29, 2012