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.
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, 2010Factory 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, 2010Diesel 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, 2010FMCSA 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, 2010Federal 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, 2010ISM 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, 2010Construction Spending Falls 0.6% in November
Construction spending fell 0.6% in November, the Commerce Department said Monday.
January 4, 2010DOT 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, 2010Trucking 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, 2010Oil 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