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.
Truck Tonnage Sees Smallest Drop Since November
U.S. truck tonnage fell 7.5% in August from the same month last year, the best year-to-year showing since November 2008, American Trucking Associations said Friday.
September 25, 2009New Home Sales Show Slight Gain
New home sales rose 0.7% in August, the Commerce Department said Friday.
September 25, 2009Consumer Confidence Improves in September
U.S. consumer confidence improved in September, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
September 25, 2009Rail, Intermodal Traffic Fall for Week
Intermodal rail traffic in the United States fell 12.4% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
September 25, 2009Velocity Express Sets Restructuring Plan
Velocity Express Corp. said Thursday it has set an agreement with private equity firm ComVest Investment Partners III, in which a unit of ComVest would become a majority owner of the package delivery firm.
September 25, 2009House Approves Three-Month Highway Funding Extension
The House of Representatives this week approved a three-month extension of the federal highway funding law.
September 25, 2009Durable Goods Orders Fall 2.4%
Durable goods orders dropped 2.4% in August, the worst performance since January, the Commerce Department said Friday.
September 25, 2009Opinion: A Year of Changes and Challenges
The old saying, “Time flies,” fits my year as chairman of American Trucking Associations. I remember my phone ringing with the first call from Fred Burns to say I was nominated to vice chairman.
September 25, 2009Oil Falls Below $66 a Barrel
Oil prices continued their recent slide, falling $3 Thursday to close below $66 a barrel, Bloomberg reported.
September 24, 2009FMCSA Nominee Ferro Faces Questions in Confirmation Hearing
Anne Ferro, the Obama administration’s pick to head the Federal Motor Carrier Safety Administration, faced tough questioning in a Wednesday hearing from a key Senator over her trucking industry background, the Associated Press reported.
September 24, 2009