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, Fuel

Diesel Tops $3 a Gallon as Year Comes to a Close

For 2010, diesel prices averaged just below $3 a gallon,  and the trend at the end of the year was well above that watershed level.

December 29, 2010
Business

ATA Shifts Its Policy Focus from Congress to Agencies

American Trucking Associations officials said 2010 was marked by shifting their policy focus to regulatory agencies from Capitol Hill, while also changing some of the key voices delivering the federation’s message.

December 29, 2010
Business, Fuel

Diesel Finishes 2010 at Two-Year High $3.294

Diesel’s national average pump price finished 2010 at a more than two-year high, gaining 4.6 cents Monday to $3.294 a gallon, while gasoline topped the $3 level for the first time since October 2008, the Department of Energy reported.

December 28, 2010
Business

Consumer Confidence Slips, Conference Board Reports

Consumer confidence declined this month, the New York-based Conference Board reported Tuesday.

December 28, 2010
Business, Government, Safety, Logistics, Autonomous

EPA, NHTSA Took Lead Role on Greenhouse Gas Rules This Year

After several years of anticipation throughout the trucking industry, the U.S. Environmental Protection Agency and National Highway Transportation Safety Administration finally in October released their joint proposed rule to regulate greenhouse gases for the commercial transportation sector.

December 28, 2010
Business

FMCSA Proposes Revised Hours of Service Rule

The Federal Motor Carrier Safety Administration on Thursday issued its latest hours-of-service proposal, though the agency has yet to decide if truckers should be allowed 10 or 11 hours of daily driving time.

December 23, 2010
Business

New Home Sales Rise 5.5% in November

New home sales rose 5.5% in November, the Commerce Department said Thursday.

December 23, 2010
Business, Logistics

Intermodal Traffic Rises 5% for Week

Intermodal traffic rose 5% last week from the same week a year ago, the Association of American Railroads said.

December 23, 2010
Business

Jobless Claims Drop for Week

Initial jobless claims declined by 3,000 last week, the Labor Department said Thursday.

December 23, 2010
Business

Consumer Spending Grows in November

Consumer personal spending increased in November for the fifth consecutive month, the Commerce Department said Thursday.

December 23, 2010