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

I-70 Reopens in Colo. After Rock Slide; Speed Limit Reduced

Interstate 70 in Colorado has been opened one way in each direction after being closed since Monday by a rock slide, and speed limits through the area have been reduced to 40 mph, according to the Colorado Department of Transportation.

March 12, 2010
Business, Government

Retail Sales Rise for Fourth Time in Five Months

Retail sales rose 0.3% in February, the fourth increase in four months, the Commerce Department said Friday.

March 12, 2010
Business, Government

Consumer Confidence Index Declines

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

March 12, 2010
Business, Government

Business Inventories Unchanged in January

Business inventories were unchanged in January, the Commerce Department said Friday.

March 12, 2010
Government, Business, Safety

Daylight Saving Time Begins Sunday

Daylight Saving Time will begin this Sunday, March 14, with clocks being set ahead one hour for most Americans at 2 a.m. local time.

March 11, 2010
Business, Safety

Weekly Intermodal Traffic Improves

U.S. intermodal rail traffic increased 17.9% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.

March 11, 2010
Business, Safety, Government

Traffic Fatalities Reach Record Low, DOT Says

The Department of Transportation said Thursday that the number of overall traffic fatalities reported at the end of 2009 reached the lowest level since 1954, declining for the 15th consecutive quarter.

March 11, 2010
Business, Government

U.S. Trade Gap Declines

The U.S. trade deficit declined in January as demand for oil and foreign automobiles declined, the Commerce Department said Thursday.

March 11, 2010
Business

Initial Jobless Claims Fall for Week

Initial jobless claims fell 6,000 last week, the second straight decline, the Labor Department said Thursday.

March 11, 2010
Business, Safety, Government

DOT Freight Index Falls in January

The Department of Transportation’s freight transportation services index for January fell 1.3% from a year earlier but rose from December, DOT said.

March 10, 2010