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

Carriers Can Achieve Significant Savings by Altering Practices, Consultants Say

Trucking companies should consider altering the ways they levy and maintain fuel surcharges or risk additional red ink from diesel and gasoline costs this year, industry consultants and analysts advise.

April 19, 2010
Business

Northeastern States Seek to Limit Sulfur in Heating Oil

Trucking and oil industry experts are trying to forge a compromise with legislators, regulators and environmentalists in several northeastern states that are moving to limit the sulfur content in home heating oil.

April 19, 2010
Business, Fuel

Diesel Rises 5.4¢ to $3.069

The U.S. average retail diesel price rose another 5.4 cents a gallon last week to $3.069, raising concern among fleet executives and analysts alike that the steady rise could dampen economic growth. 

April 19, 2010
Business

Pennsylvania Legislator Suggests Tolling I-95 In Effort to Close Transport Funding Gap

A key Pennsylvania legislator has suggested the state toll a 50-mile stretch of Interstate 95 as part of a broader plan to fill a large transportation funding gap.

April 19, 2010
Business, Fuel

Oil Takes Biggest Drop in 10 Weeks

Oil fell by the most in 10 weeks Friday, tumbling more than $2 to just over $83 a barrel as stocks declined, Bloomberg reported.

April 16, 2010
Business

CSA Is ‘A Win-Win’ for Government, Industry, FMCSA Official Tells Brokers

TUCSON, Ariz. — An official with the Federal Motor Carrier Safety Administration told anxious freight brokers here the agency’s new safety ratings system would not significantly alter their business landscape.

April 16, 2010
Business

Housing Starts, Building Permits Improve

Housing starts rose in March, while building permits increased to the highest level in almost a year and a half, the Commerce Department said Friday.

April 16, 2010
Business, Government, Logistics

Consumer Confidence Level Falls

U.S. consumer confidence held fell this month to its lowest level in five months, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

April 16, 2010
Business

Container Cargo Improves at Virginia Port

Cargo container traffic rose at the Port of Hampton Roads, Va., for the third straight month, the Associated Press reported.

April 16, 2010
Business, Fuel

Oil Falls for Sixth Time in Seven Days

Oil declined for the sixth time in seven days Thursday, falling 33 cents to $85.51 a barrel, Bloomberg reported.

April 16, 2010