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

New I-95 Crossing Linking Pa, N.J. Will Be Toll Bridge

The new bridge carrying Interstate 95 over the Delaware River will replace the existing toll-free span north of Philadelphia and Trenton, N.J.

January 5, 2010
Business, Government

Factory Orders Improve for Seventh Time in Eight Months

November factory orders rose 1.1%, marking the seventh gain in eight months, the Commerce Department said Tuesday.

January 5, 2010
Fuel, Business

Diesel Jumps 6.5¢ to $2.797

Diesel fuel rose by the most in more than two months, jumping 6.5 cents to $2.797 a gallon, the Department of Energy said.

January 5, 2010
Business, Government, Safety

FMCSA Sets ‘Listening Sessions’ for HOS Rules

The Federal Motor Carrier Safety Administration said Monday it will hold four “listening sessions” this month in various locations around the country to gather information and public comment on truck driver house of service rules.

January 4, 2010
Business, Fuel

Federal Biodiesel Tax Credit Ends

A federal tax credit that provided makers of biodiesel $1 for every gallon expired Friday, and as a result some U.S. producers say they will shut down without the government subsidy, the Associated Press reported.

January 4, 2010
Business, Safety, Government

ISM Manufacturing Index Expands for Fifth Month

An index of U.S. manufacturing activity expanded in December for the fifth straight month, the Institute for Supply Management said Monday.

January 4, 2010
Government, Business

Construction Spending Falls 0.6% in November

Construction spending fell 0.6% in November, the Commerce Department said Monday.

January 4, 2010
Government, Business, Safety

DOT Sends EOBR Rule to White House for Final Review

The Federal Motor Carrier Safety Administration has sent its final rule governing the use of electronic onboard recorders to the White House for review.

January 4, 2010
Business, Government, Safety

Trucking Companies Focus on Educating Drivers to Meet CSA Requirements

Even before the first stage of the new federal Comprehensive Safety Analysis begins next summer, some freight companies are stepping up efforts to educate drivers and management about the new ratings and are taking steps to reduce the risk of violations.

January 4, 2010
Business

Oil Tops $80 a Barrel

Oil rose for an eighth straight day Monday, topping $80 for the first time in two months on higher heating oil demand, Bloomberg reported..

January 4, 2010