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.
DOT Gives $110 Million For Atlanta HOT Lanes
The federal government has awarded a $110 million grant toward a plan to turn some of metropolitan Atlanta's HOV lanes into HOT lanes, Secretary of Transportation Mary Peters announced Tuesday.
November 25, 2008Diesel Falls 14.5¢ to $2.664
Diesel fuel’s national average price continued its downward trend, falling 14.5 cents to $2.664 a gallon, the Department of Energy said Monday.
November 25, 2008Third-Quarter GDP Falls 0.5%
The U.S. economy contracted more than previously estimated, shrinking by 0.5% in the third quarter, the Commerce Department said Tuesday.
November 25, 2008Consumer Confidence Rises In November After Record Low
Consumer confidence unexpectedly rose in November as falling gasoline prices provided relief for consumers, the Bloomberg said Tuesday.
November 25, 2008Obama Stimulus Plan to Focus on Infrastructure
President-elect Barack Obama will propose an economic-stimulus package focused on infrastructure shortly after he is inaugurated, Bloomberg reported Tuesday.
November 25, 2008Truck Tonnage Falls 1.8% in October
Truck tonnage fell 1.8% in October from the same month last year, and took an even bigger drop from September, American Trucking Associations said late Monday.
November 25, 2008Clean Energy's Calif. LNG Plant Starts Production
Clean Energy Fuels Corp. has started up its California LNG Plant in Boron, Calif., the company said Monday.
November 24, 2008NAVTEQ To Acquire German Traffic Data Firm
NAVTEQ announced last week that it will acquire T-Systems Traffic GmbH, a German traffic data firm.
November 24, 2008Pacer To Deploy 300 Clean Trucks
Pacer International announced last week that its subsidiaries will deploy 230 new clean trucks this month to comply with Southern California port regulations.
November 24, 2008Existing Home Sales Fall in October
Existing homes sales fell 3.1% in October, while the median price of a home fell 11.3% from the same month last year, the biggest jump on record, the National Association of Realtors said Monday.
November 24, 2008