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.

Government, Business, Safety, Autonomous

LaHood Says New Border Plan is ‘Very Close’ to Completion

Transportation Secretary Ray LaHood told a Senate subcommittee the Obama administration soon will unveil its plan to relaunch a cross-border trucking program along the U.S.-Mexico border.

May 17, 2010
Business

FMCSA Opens Driver Records to Carriers

The Federal Motor Carrier Safety Administration opened its pre-employment screening program to carriers last week, allowing them to see the driving records of prospective hires.

May 17, 2010
Business, Safety, Government

DOT Agency to Issue Sleep Apnea Rules for Examiners This Year, Official Says

LINTHICUM, Md. — The Federal Motor Carrier Safety Administration expects to issue new rules for medical examiners to address sleep apnea and other health conditions later this year, agency officials said.

May 17, 2010
Business, Fuel

Diesel Gains 0.5¢ to $3.127, But Wholesale Prices Decline

The average national retail price of diesel fuel rose another half-cent last week to $3.127 a gallon, the Department of Energy reported, the 11th increase in the past 12 weeks.

May 17, 2010
Business, Government, Autonomous

Virginia’s Latest Toll Scheme

It took years to beat back the state of Virginia’s ill-advised plan to toll Interstate 81, but eventually it was abandoned. Trucking, and the state’s motorists, breathed a sigh of relief after that tolling scheme was tossed out.

May 14, 2010
Business

Daimler to End NYSE Listing

Daimler AG will end its listing on the New York Stock Exchange, citing low trading volumes, Bloomberg reported Friday.

May 14, 2010
Business

Retail Sales Rise for Seventh Straight Month

Retail sales rose 0.4% in April, the seventh consecutive monthly increase, the Commerce Department said Friday.

May 14, 2010
Business

Industrial Production Takes Biggest Gain in Three Months

Industrial production rose in April by the most in three months, gaining 0.8%, the Federal Reserve said Friday.

May 14, 2010
Business, Government, Logistics

Consumer Confidence Improves in May

U.S. consumer confidence grew this month, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

May 14, 2010
Business

Business Inventories, Sales Increase

Business inventories rose 0.4% in March as sales surged, the Commerce Department said Friday. Sales jumped 2.3%, the biggest since November.

May 14, 2010