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

Tolls Proposed for New Md. Highway

A toll road under construction in Maryland would cost trucks $36.85 to drive its entire length under a proposed toll schedule.

September 24, 2009
Business, Logistics

Existing Home Sales Decline for First Time in Four Months

Existing homes sales fell in August for the first time in four months, the National Association of Realtors said Thursday.

September 24, 2009
Business

Peterbilt Delivers Hybrid Truck to House of Representatives

Peterbilt Motors Co. said that it delivered the U.S. House of Representatives its first hybrid truck Wednesday.

September 24, 2009
Business

Initial Jobless Claims Fall for Week

Initial jobless claims fell by 21,000 last week to 530,000, the lowest level in two months, the Labor Department said Thursday.

September 24, 2009
Business, Fuel, Government

FedEx, DHL Express Boost Air Capacity

DHL Express and FedEx Express each said this week they have taken delivery of new, larger freight aircraft.

September 24, 2009
Fuel, Business

Oil Drops Below $69 Following Inventory Gains

Oil fell more than $2.50 to below $69 a barrel Wednesday following a Department of Energy report that showed inventories of crude, gasoline and distillate fuels all rose last week, Bloomberg reported.

September 23, 2009
Government, Business, Safety

I-20 Reopens in Georgia Following Floods

The Georgia Department of Transportation has reopened Interstate 20 through several counties that were flooded earlier this week, making the highway impassible, the Atlanta Journal-Constitution reported.

September 23, 2009
Business

Fed Again Holds Interest Rate at Record Low

The Federal Reserve for a seventh time voted Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.

September 23, 2009
Government, Business

Wednesday Senate Hearing Set for FMCSA Nominee Anne Ferro

The Senate Commerce Committee will review the nomination of Anne Ferro to head the Federal Motor Carrier Safety Administration at a Wednesday afternoon hearing in Washington.

September 23, 2009
Business

140-Year-Old Pa. Trucking Firm Closing Doors

A family-run Pennsylvania trucking company that has been in business for 140 years is shutting down its operations, the (West Chester, Pa.) Daily Local News reported Wednesday.

September 23, 2009