Business
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.
U.S. Trade Deficit Shrinks in June
The U.S. trade deficit shrank 11% in June, the Commerce Department said Thursday.
August 9, 2012Initial Jobless Claims Drop
Initial jobless claims dropped by 6,000 last week, the Labor Department said Thursday.
August 9, 2012Celadon to Buy Assets from Texas Carrier
Celadon Trucking Services said it has agreed to purchase select operating equipment from truckload carrier USA Dry Van Logistics, based in McAllen, Texas.
August 8, 2012DOT Freight Transportation Index Rises 1.6%
The Department of Transportation’s freight transportation services index rose 1.6% in June from the same month last year, DOT said Wednesday.
August 8, 2012Feds Waive HOS Rules in Drought-Stricken Areas
The Department of Transportation has waived hours-of-service regulations for areas affected by drought, to help put more needed trucks and drivers on the road to help affected farmers and ranchers.
August 8, 20122Q Productivity Increases
U.S. workers’ second-quarter productivity rose 1.6%, the Labor Department said Wednesday.
August 8, 2012DOE Boosts Diesel Forecast by a Nickel
Diesel will average $3.84 this year, led by higher oil prices, the Department of Energy said, boosting its most recent forecast by a nickel.
August 8, 2012EPA Forwards Rule Affecting Navistar Engines to OMB
The final rule that would allow Navistar International Corp. to sell its emissions-noncompliant 2010 engines while paying fines has been forwarded to the Office of Management and Budget by the Environmental Protection Agency.
Hazmat Carriers Face Higher Fines
Motor carriers and shippers cited for hazardous materials violations face far greater penalties following the passage of the new federal highway reauthorization law.
ATRI Survey Seeks to Gauge Trucking Industry’s Top Concerns
The American Transportation Research Institute has released its annual survey to gauge the trucking industry’s top concerns.
August 7, 2012