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.
Philadelphia Factory Index Increases in November
Manufacturing levels in the Philadelphia expanded at a faster pace in November than in October, the Federal Reserve Bank of Philadelphia said Thursday.
November 19, 2009Initial Jobless Claims Unchanged for Week
Initial jobless claims held at a 10-month low last week, the Labor Department said Thursday.
November 19, 2009Volvo’s October Deliveries Drop; Orders Show Improvement
Volvo AB said Wednesday its North American deliveries fell 28% in October from a year ago, but said orders rose from September.
November 18, 2009Senate Panels Seek Six-Month Highway Bill Extension
The leaders of several key committees have urged the Senate to take up a six-month extension of the federal highway program.
November 18, 2009Schneider to Provide Dedicated Service for Emerson Electric
Schneider National said it will take over the transportation operations of Emerson Electric Co., an appliances and electronics manufacturer.
November 18, 2009October Consumer Price Index Rises 0.3%
The consumer price index rose 0.3% in October, the Labor Department said Wednesday.
November 18, 2009NTSB’s Hersman Suggests Making EOBRs Mandatory
WASHINGTON — Debbie Hersman, the new chairwoman of the National Transportation Safety Board, said that fatigue was an “insidious” factor in all types transportation accidents and recommended that as the Department of Transportation reviews its hours-of-service rule for truckers it mandate the use of electronic onboard recorders and use all available fatigue research to craft a new rule.
November 17, 2009Long Beach Port Approves New Clean Trucks Registration Process
In a first step toward satisfying its obligations detailed in an out-of-court settlement with American Trucking Associations, Port of Long Beach commissioners last week gave preliminary approval to a new drayage truck registration process that will simplify and limit requirements of the port’s clean trucks plan.
November 17, 2009Wetlines Ban Called Unjustified in Light of Hazmat Carriers’ Safety Record
BALTIMORE — A proposed House bill prohibiting the transportation of flammable liquids in unprotected product piping on cargo tank trucks would result in an overall increase in welding shop fatalities and cost the industry $200 million to comply, an American Trucking Associations official told a Congressional panel Monday.
November 17, 2009Sitton Motor Lines to Close Doors
Missouri-based Sitton Motor Lines is closing its doors after doing business for 30 years.
November 17, 2009