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.
Chicago Manufacturing Activity Declines
Manufacturing activity in the Chicago area fell in August, the Institute for Supply Management-Chicago said Wednesday.
August 31, 2011NAFTA Surface Trade Rises 11% in June
Surface trade among the United States, Canada and Mexico rose 11% in June from a year ago, the Department of Transportation said Tuesday.
August 30, 2011Trucking Hits Union Signage Rule
The trucking industry is criticizing a federal regulation issued last week that will require employers to hang posters informing workers about their rights to form and join unions.
Volvo’s North American Deliveries Rise 51% in July
Volvo AB’s North American truck sales rose 51% in July from a year ago to 2,553 units, the company said Tuesday.
August 30, 2011FedEx Freight Expands Service in Mexico
FedEx Freight, the less-than-truckload unit of FedEx Corp., said Tuesday it is adding service to three new markets in Mexico.
August 30, 2011Consumer Confidence Drops in August
Consumer confidence fell in August to its lowest mark since April 2009, the New York-based Conference Board said Tuesday.
August 30, 2011Planned U.S.-Canada Oil Pipeline Gets Favorable Report
The U.S. State Department said in a report that the planned Keystone XL pipeline, which would transport crude oil from tar sands in Alberta, Canada, to oil refineries in Texas, is unlikely to have a significant impact on the environment, Associated Press reported.
August 30, 2011Diesel Gains a Penny to $3.82 a Gallon
Diesel’s national average pump price rose for the first time in five weeks, edging up 1 cent to $3.820 a gallon, while gasoline increased 4.6 cents to $3.627, the Department of Energy said.
August 30, 2011Appeals Court Throws Out EOBR Rule
The Federal Motor Carrier Safety Administration’s electronic onboard recorder 2010 final rule for motor carriers with significant hours-of-service violations does not protect truck drivers from potential harassment by their employers, a federal appeals court has ruled.
August 29, 2011Flooding Damages I-287 in New Jersey
Hurricane Irene rainfall has caused extensive flood damage in northern New Jersey where a section of the northbound lanes of Interstate 287 collapsed Sunday night north of the intersection of Interstate 80.
August 29, 2011