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 York City to Close Sections of Broadway
New York City officials plan to close to traffic seven midtown blocks of Broadway in Manhattan, Bloomberg News reported Thursday.
February 26, 2009New Home Sales Fall 10% to Lowest Level on Record
January new home sales fell to the lowest level on record, the Commerce Department said Thursday.
February 26, 2009Obama Urges Cap-and-Trade Legislation
President Obama urged Congress Tuesday night to pass legislation to implement a cap-and-trade program to regulate carbon pollution in the United States, Agence France-Presse reported.
February 25, 2009Existing Home Sales Fall in January
Existing homes sales declined 5.3% in January, while the median price of a home fell 15% from the same month last year, the National Association of Realtors said Monday.
February 25, 2009Greatwide Finalizes Sale to Creditors
Greatwide Logistics Services completed the sale of itself to its creditors, the company said last week.
February 25, 2009Solis Confirmed as Labor Secretary
The Senate confirmed congresswoman Hilda Solis (D-Calif.) as the Secretary of Labor under President Obama Tuesday, the Associated Press reported.
February 25, 2009Schneider National Freezes Pay
Truckload carrier and third-party logistics company Schneider National said it is freezing its employees’ pay this year, the Associated Press reported Tuesday.
February 25, 2009Consumer Confidence Reaches New Record Low
Consumer confidence fell to a new record low in February, the Conference Board said Tuesday.
February 24, 2009Unyson Logistics Signs With Big Lots
Hub Group announced last week that one of its divisions it will provide logistics and supply chain management services for national retailer Big Lots.
February 24, 2009Appropriations Bill Seeks End to Cross-Border Trucking Program
An appropriations bill introduced Monday in the House of Representatives would put an end to the controversial cross-border trucking program introduced in 2007.
February 24, 2009