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.
Trucking Jobs Slip by 900; August Unemployment Rate Holds at 9.1%
The U.S. unemployment rate held at 9.1% in August, while payrolls also remained unchanged, the Labor Department said Friday.
September 2, 2011S.C. to Restrict Trucks on Stretch of I-95 Due to Construction
The South Carolina Department of Transportation will restrict oversize trucks on a section of Interstate 95 northbound for about two months beginning Sept. 12, due to bridge construction.
September 2, 2011Missouri River Floods Still Disrupting Transport
Missouri River floodwaters that have covered miles of roads around the northwest part of the state for nearly three months are continuing to cause roadway headaches for towns suddenly dealing with increased traffic, the Associated Press reported.
September 2, 2011Opinion: Rate Your Driver Retention Program
Think your trucking company has an effective driver retention program in place? Let’s find out. This “interactive” driver retention program rating exercise will define just how effective your program is.
September 2, 2011Construction Spending Falls for First Time in Four Months
Construction spending fell 1.3% in July, the most in six months, as spending on government projects declined, the Commerce Department said Thursday.
September 1, 2011ISM Manufacturing Index Slips but Shows Continued Expansion
U.S. manufacturing activity dipped in August, but continued to show expansion for the 25th consecutive month, the Institute for Supply Management said Thursday.
September 1, 2011Initial Jobless Claims Fall 12,000 for Week
Initial jobless claims declined by 12,000 last week to 409,000, the Labor Department said Thursday.
September 1, 2011Oil Slips, as Monthly Price Drops by Most Since May
Oil prices fell slightly Wednesday to near $89 a barrel, capping the biggest monthly decline since May, Bloomberg reported.
August 31, 2011Transplace Names Abernathy President of 3PL, Brokerage Unit
Transplace said it has promoted George Abernathy to the post of president of Transplace Logistics, its third-party logistics, truck brokerage and consulting units.
August 31, 2011Factory Orders Jump 2.4% in Biggest Gain in Four Months
Factory orders rose by the most in four months in July, the Commerce Department said Wednesday.
August 31, 2011