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

Personal Spending Rises 0.2% in August

Consumer personal spending edged up 0.2% in August, the Commerce Department said Friday.

September 30, 2011
Business

AAA Sues to Stop New York, New Jersey Toll Hikes

AAA has filed suit in a bid to reverse toll increases that began this month for vehicles crossing into New York City from New Jersey, Bloomberg reported.

September 30, 2011
Business, Logistics

C.H. Robinson Acquires Produce Company

Third-party logistics company C.H. Robinson said it has acquired produce provider Timco Worldwide Inc. Terms were not disclosed.

September 29, 2011
Business, Logistics

Intermodal Traffic Rises 3% for Week

U.S. intermodal traffic rose 3% last week from a year ago, the Association of American Railroads said Thursday.

September 29, 2011
Business, Fuel

More Fleets Adopting Natural Gas Trucks as Fueling Network Advances

Three more fleets said they have added tractors powered by natural gas, the latest signs of growth in the use of alternative fuels.

September 29, 2011
Business

Jobless Claims Decline for Week

Initial jobless claims fell last week by 37,000 last week, the Labor Department said Thursday.

September 29, 2011
Business, Logistics

Saddle Creek Invests in Natural Gas Trucks

Third-party logistics provider Saddle Creek Corp. said it is purchasing natural gas trucks for its for-hire fleet.

September 29, 2011
Business, Logistics

RFX Purchases Pioneer Transfer

Quazar Capital Corp. said its brokerage unit, Pioneer Transfer, has been acquired by RFX. Terms were not disclosed.

September 29, 2011
Perspective, Business

Opinion: Creating Future Truck Drivers

Trucking today faces one of the worst driver shortages ever, a situation experts say will only get worse, while at the same time, national unemployment recently topped 15%.

September 29, 2011
Business

Mica Letter Cites ‘Concern’ on Proposed Hours-of-Service Rule Changes

House Transportation and Infrastructure Committee Chairman John Mica and three other congressmen have sent a letter to President Obama expressing “concern” over proposed changes to the federal hours-of-service rules governing truck drivers.

Michele Fuetsch | Staff Reporter
September 28, 2011