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, Equipment

ISM Manufacturing Index Expands for Ninth Month

U.S. manufacturing activity expanded for the eighth consecutive month in March, the Institute for Supply Management said Thursday.

April 1, 2010
Business

Construction Spending Drops 1.3%

Construction spending fell in February to its lowest level in more than seven years, the Commerce Department reported.

April 1, 2010
Business

Initial Jobless Claims Fall 6,000 for Week

Initial jobless claims fell by 6,000 last week, the Labor Department said Thursday.

April 1, 2010
Business

DOT, EPA Enact New Auto Fuel Efficiency Standards

The heads of the Department of Transportation and Environmental Protection Agency signed final rules Thursday requiring 2016 model-year vehicles to meet fuel efficiency targets of 35.5 miles per gallon combined for cars and light trucks.

April 1, 2010
Business, Safety, Autonomous

Opinion: Rethinking ‘Deny, Delay, Defend’

As the ongoing storm hovers over the trucking industry, some carriers are so busy hunkering down that they have forgotten to look for the silver lining in those clouds, but that doesn’t mean it isn’t there.

April 1, 2010
Business, Safety, Government, Autonomous

ATA’s Bob Costello Appointed To Transportation Council

Bob Costello, American Trucking Associations’ chief economist, has been appointed by Transportation Secretary Ray LaHood to the Advisory Council on Transportation Statistics.

March 31, 2010
Business, Safety, Government, Autonomous

ATA Chief Economist Bob Costello Appointed to Transportation Council

Bob Costello, American Trucking Associations’ chief economist, has been appointed by Department of Transportation Secretary Ray LaHood to the Advisory Council on Transportation Statistics, which advises DOT’s Bureau of Transportation Statistics.

March 31, 2010
Business, Fuel

Obama Proposes Expanding Offshore Oil Drilling

President Obama announced plans Wednesday to allow expanded oil and natural-gas drilling off the U.S. East Coast and in the Gulf of Mexico.

March 31, 2010
Business

Factory Orders Rise for 10th Time in 11 Months

U.S. factory orders rose in February for the 10th time in 11 months, the Commerce Department said Wednesday.

March 31, 2010
Business, Safety

DOT Proposes Texting Ban Rule

The Department of Transportation released a proposed rule Wednesday that would ban texting by interstate commercial truck and bus drivers.

March 31, 2010