Business
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.
Diesel, Gasoline Rise Again
The average retail price of U.S. diesel rose 2.9 cents last week, the second consecutive increase, pushing the cost of trucking’s main fuel to $2.861 a gallon, according to the Department of Energy.
March 8, 2010Oil Jumps Over $81 a Barrel
Oil jumped more than $1 to top $81 a barrel Friday following a government report that the unemployment rate held steady in February, Bloomberg reported.
March 5, 2010February Unemployment Rate Holds at 9.7%
The U.S. unemployment rate held at 9.7% in February, the Labor Department said Friday.
March 5, 2010Arizona Faces Anger Over Closed Rest Stops
Anger over closed rest stops in Arizona has spurred a state legislator to propose allowing entities other than the state to pay to keep rest stops open, the New York Times reported Friday.
March 5, 2010Opinion: Rule Changes Ahead for SafeStat Audits
The rules are changing for the Federal Motor Carrier Safety Administration’s “SafeStat” audits for trucking companies.
March 5, 2010Intermodal Traffic Rises for Week
U.S. intermodal rail traffic increased 17.5% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
March 5, 2010Lawmakers Seek Resolution of Mexican Trucks Dispute
A group of 56 U.S. lawmakers have urged the Obama administration to resolve a dispute with Mexico over cross-border trucking that has damaged bilateral trade, Reuters reported.
March 4, 2010Dynamex’s 2Q Income Falls
Logistics and delivery firm Dynamex Inc.’s fiscal second-quarter profit fell slightly to $2.22 million, or 23 cents a share, from $2.3 million, or 24 cents, a year ago.
March 4, 2010Fourth-Quarter Productivity Revised Upward
Worker productivity jumped 6.9% in the fourth quarter, capping the largest one-year gain since 2002, the Labor Department said Thursday.
March 4, 2010Jobless Claims Drop for Week
Initial jobless claims fell by 29,000 last week, the Labor Department said Thursday.
March 4, 2010