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.
More States Banning Indemnification Contract Clauses
Spurred by trucking industry leaders, more states this year are banning contracts that shift liability for any incident that occurs on a shipper’s premises to freight carriers, joining more than a dozen other states that have acted to protect carriers from what they say are unfair contracts.
March 30, 2009Diesel Increases 7.3¢ to $2.09; 1st Price Rise in Over 2 Months
Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.
March 30, 2009OOIDA Seeks Suspension of Mexican-Truck Plan
A group representing owner-operator truck drivers said Friday it has written to President Obama to ask that he suspend any immediate plans to re-establish the U.S.-Mexico cross-border trucking program.
March 27, 2009Opinion: Don’t Worry — Take Action
The private sector has plenty to worry about at the moment. On a global scale, there are the conflicts in Iraq and Afghanistan and Iran’s nuclear issues.
March 27, 2009Consumer Confidence Index Improves
U.S. consumer confidence rose slightly this month, but still remains near its lowest point in three decades, according to the Reuters/University of Michigan’s final monthly consumer sentiment index released Friday.
March 27, 2009Rail, Intermodal Traffic Continue to Fall
Rail and intermodal traffic continued to decline along with the economy last week, the Association of American Railroads said Thursday.
March 27, 2009Personal Spending Rises for Second Straight Month
Consumer personal spending rose in February for the second consecutive month, the Commerce Department said Friday.
March 27, 2009China Auto Production Tops U.S., Group Says
China passed the United States last year to become the world’s second largest auto-producing nation behind Japan, according to a California research firm.
March 27, 2009Truck Tonnage Falls 9.2% Year-Over-Year
Truck tonnage fell 9.2% in February compared with a year ago, though it rose 1.7% from January, American Trucking Associations said.
March 27, 2009Plains States, Highways Hit by Snow, Flooding
President Obama declared North Dakota a federal disaster area as floods from a big spring blizzard caused widespread road closures, and surrounding states to the south and west closed roads due to flooding and high winds, the Associated Press reported.
March 26, 2009