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.
Opinion: Does the U.S. Hate Big Trucks?
As the latest round of hours-of-service regulatory change plays out in Washington, I have come to the realization that the trucking industry is broken.
March 25, 2011Caterpillar Considering Logistics Unit Sale
Caterpillar Inc. said it considering selling part of its logistics business.
March 24, 2011LTL Carrier Brandt Truck Line Shuts Doors
Brandt Truck Line, an 88-year-old less-than-truckload carrier based in Bloomington, Ill., shut its doors Tuesday, giving no prior notice.
March 24, 2011Oil Continues to Rise, Topping $106 a Barrel
Oil topped $106 a barrel in early trading Thursday following the highest closing price in two and a half years on Wednesday, Bloomberg reported.
March 24, 2011Jobless Claims Drop for Week
Initial jobless claims fell by 5,000 last week, the Labor Department reported Thursday.
March 24, 2011Durable Goods Orders Decline in February
Durable goods orders fell 0.9% in February, the Commerce Department said Thursday.
March 24, 2011DOT Sets Bridge Safety Initiative
The U.S. Department of Transportation has launched a new safety initiative to strengthen its oversight of bridges nationwide.
March 23, 2011New Home Sales Fall to Lowest Pace on Record
February new home sales fell to the slowest pace on record, the Commerce Department said Wednesday.
March 23, 2011Cargo Volume Rose 16% in 2010 at Port of New York/New Jersey
Cargo volumes rose 16% in 2010 over the previous year at the Port of New York and New Jersey, the agency that oversees it reported.
March 23, 2011Senator Sends Letter Opposing Mexican Truck EOBR Program
Sen. Mark Pryor (D-Ark.) sent a letter to Transportation Secretary Ray LaHood outlining his opposition to the U.S. proposal to buy electronic onboard recorders for Mexican trucks that will travel within the United States.
March 23, 2011