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.
SoCal Ports Suspending Saturday ‘OffPeak’ Shifts
Terminal operators at the Ports of Los Angeles and Long Beach said they will suspend Saturday OffPeak shifts starting in January, due to declining cargo volume in a sagging economy.
December 31, 2008Opinion: Not Quite a Happy New Year
As if skyrocketing fuel prices in 2008 were not enough, American trucking companies are now in the midst of the worst recession since the early 1980s.
December 31, 2008Jobless Claims Fall for Week
Initial jobless claims fell last week by 94,000 claims, to 492,000 for the week ended Saturday, the Labor Department said Wednesday.
December 31, 2008Navistar Reports Fourth-Quarter Loss
Navistar International Corp. reported a fiscal 2008 fourth-quarter loss but restated its income for the first three quarters, saying it was $43 million higher than previously reported.
December 31, 2008TTNews.com Closed for New Year’s Holiday
Transport Topics Online will be closed Thursday and Friday for the New Year’s Day holiday. Please check back on Monday, Jan. 4, for the latest trucking and freight transportation news.
December 30, 2008Ryder to Acquire Conn. Leasing Firm
Ryder System said it will acquire Edart Leasing Co., based in Hartford, Conn.
December 30, 2008Diesel’s Decline Slows, Falling 3.9¢ to $2.327 a Gallon
Diesel fuel’s national average price fell 3.9 cents to $2.327 a gallon, the Department of Energy reported Monday.
December 30, 2008Consumer Confidence Drops to Record Low
Consumer confidence fell to a record low in December, the Conference Board said Tuesday.
December 30, 2008Rand McNally Updates Map Software
Rand McNally has introduced additions and updates to its IntelliRoute and MileMaker software.
December 29, 2008Year in Review: California Takes Steps to Curb Emissions
Southern California port officials and state environmental regulators continued pressing their campaign to reduce heavy-truck diesel emissions, approving several controversial measures during 2008 that some truckers said will lead to severe economic hardships.
December 29, 2008