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

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, 2011
Business

S.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, 2011
Business

Missouri 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, 2011
Perspective, Business

Opinion: 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, 2011
Business

Construction 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, 2011
Business, Government

ISM 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, 2011
Business

Initial 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, 2011
Business, Fuel

Oil 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, 2011
Business, Logistics

Transplace 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, 2011
Business

Factory 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