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, Logistics, Fuel, Autonomous

Two Carriers to Join Port of L.A.’s Clean Trucks Program

Two national truckload carriers have signed letters of intent to participate in the port of Los Angeles’ Clean Trucks Plan, the Los Angeles Times reported Friday.

August 22, 2008
Business, Fuel, Safety, Government

ATA Supports Bipartisan Energy Plan

American Trucking Associations said it supports a bipartisan comprehensive energy bill that calls for domestic oil drilling, tax incentives and alternative energy research to lower the price of fuel.

August 22, 2008
Business, Safety

Rail, Intermodal Traffic Decline for Week

Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.

August 22, 2008
Government, Business

Oil Climbs More Than $5 to Top $121 a Barrel

Oil rose more than $5 Thursday to close at $121.18 a barrel, based on renewed tensions between the United States and Russia and a slip in the U.S. dollar, the Associated Press reported.

August 21, 2008
Government, Business

Teamsters Set Deal With Interstate Bakeries’ Creditors

The Teamsters union said it negotiated a deal between investor Ripplewood Holdings and Interstate Bakeries Corp.’s creditors to save the company from liquidation and protect union jobs.

August 21, 2008
Business, Government

Leading Economic Indicators Fall 0.7%

An index of leading economic indicators fell 0.7% in July, the New York-based Conference Board said Thursday.

August 21, 2008
Business, Government

Philadelphia Manufacturing Index Shows Continued Contraction

Manufacturing levels in the Philadelphia region improved, but continued to show contraction in August, the Federal Reserve Bank of Philadelphia said Thursday.

August 21, 2008
Business, Logistics

Hazmats Must Bypass Denver During Democratic Convention

Truckers running hazardous materials will have to bypass the Denver area during the Democratic National Convention later this month, according to police officials.

August 21, 2008
Business

Kentucky Trucking Firm Closes Doors

Louisville, Ky., trucking company C.W. Johnson Xpress said this week it was closing its doors due to high costs, the Louisville-Courier Journal reported.

August 21, 2008
Business

Jobless Claims Fall 13,000 for Week

Initial jobless claims fell by 13,000 last week to 432,000, the Labor Department said Thursday.

August 21, 2008