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

Obama Signs $787 Billion Stimulus Measure Into Law

President Obama signed into law a nearly $800 billion package aimed at stimulating the U.S. economy that includes almost $30 billion for highway construction funding, the Associated Press reported.

February 17, 2009
Business

iTECH: Sending the Right Signals Efficiently

Efficiency is the cornerstone of most successful supply-chain operations, and in a bad economy it’s the little things that can make or break a business struggling to survive.

February 17, 2009
Business

Xata Gets $3.1M Capital Infusion From Investment Firms

Mobile Communications and software provider Xata Corp. received a $3.1 million influx of cash from a pair of venture capital funds, the company reported Friday.

February 17, 2009
Business

Sirius XM Avoids Bankruptcy

Sirius XM Radio avoided bankruptcy thanks to a $530 million loan from Liberty Media Corp., the Associated Press reported Tuesday.

February 17, 2009
Business

Wal-Mart’s 4Q Earnings Decline

Retailer Wal-Mart Stores said Tuesday its fiscal fourth-quarter earnings fell 7.4%, while its full-year 2008 earnings rose 5.1%.

February 17, 2009
Business

GM, Chrysler Face Restructuring Deadline

General Motors Corp. and Chrysler LLC are unlikely to complete deals with debt holders and union workers by a government-imposed deadline on Tuesday, the Associated Press reported.

February 17, 2009
Letters to the Editor, Business, Safety

Letters: Truck vs. Car Speed, Home Run, Removing Snow, 10% Pay Cut

Regarding different speed limits for cars and large trucks, arguments with this one go on and on.

February 17, 2009
Business, Logistics, Fuel, Technology, Equipment, Safety

National Retail Systems Deploys Clean Trucks to Calif. Ports

National Retail Systems has deployed 115 trucks to comply with the Clean Truck Program requirements set forth by the ports of Los Angeles and Long Beach, the company said Tuesday.

February 17, 2009
Government, Business, Safety, Fuel

Hearing to Come on Calif. Emissions Waiver

The Environmental Protection Agency will hold a public hearing March 5 on a 2007 decision to deny California a waiver allowing the state to implement its own greenhouse gas emission standards for automobiles and light trucks.

February 17, 2009
Business, Government

New York Factory Index Drops to Record Low

Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Tuesday.

February 17, 2009