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.
Durable Orders Rise 1.1% in May
Durable goods orders rose 1.1% in May, the first gain in three months, the Commerce Department said Wednesday.
June 27, 2012NAFTA Surface Trade Rises 8.2% in April
Surface trade among the United States, Canada and Mexico rose 8.2% in April from a year ago, the Department of Transportation reported.
June 26, 2012Virginia I-95 Toll Plan Would Feature One Location North of N.C.
The portion of Interstate 95 running through Virginia would have one tolling location — near the North Carolina state line — under a plan Virginia is preparing for the federal government.
Minnesota Truck Crashes, Fatalities Drop
Crashes involving trucks in Minnesota declined 4% in 2011 compared with 2010 and the number of fatalities dropped 45%, according to the latest annual truck crash report released this month by the state’s Department of Public Safety.
Diesel Drops 5.1¢ to 16-Month Low $3.678; Gasoline Tumbles 9.6¢ to $3.437 a Gallon
Diesel fell for the 11th straight week, dropping 5.1 cents to $3.678 a gallon, a 16-month low, while gasoline dropped almost a dime, the Department of Energy said.
June 26, 2012Consumer Confidence Falls to Five-Month Low
Consumer confidence fell to a five-month low this month, the New York-based Conference Board said Tuesday.
June 26, 2012Avery Weigh-Tronix Acquires Central Weighing
Avery Weigh-Tronix Ltd. said it has acquired Central Weighing Ltd. to add to its market share in the commercial vehicle scale sector.
June 26, 2012Real-Time Video Sites to Watch Traffic Flow at Colorado Truck Stops in Cooperative Plan
Colorado plans to place 20 video monitors in truck stops around the state that will allow truckers and other travelers to view real-time conditions on the road ahead.
Con-way Freight Sets 6.9% Rate Increase
Con-way Freight said it will raise its less-than-truckload rates 6.9%, effective July 9.
June 25, 2012Virginia E-ZPass Fee Plan Draws Opposition
A plan by the Virginia Department of Transportation to implement a $1 monthly fee for E-ZPass users has drawn public opposition, the Associated Press reported.
June 25, 2012