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, Fuel

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, 2010
Business

Oil 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, 2010
Business

February Unemployment Rate Holds at 9.7%

The U.S. unemployment rate held at 9.7% in February, the Labor Department said Friday.

March 5, 2010
Government, Business

Arizona 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, 2010
Business, Government, Safety, Autonomous

Opinion: 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, 2010
Business, Safety

Intermodal 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, 2010
Business, Government, Autonomous

Lawmakers 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, 2010
Business

Dynamex’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, 2010
Business, Government, Safety

Fourth-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, 2010
Business

Jobless Claims Drop for Week

Initial jobless claims fell by 29,000 last week, the Labor Department said Thursday.

March 4, 2010