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, Safety

Rail, Intermodal Traffic Fall for Week

Rail carload and intermodal traffic fell for the third week of December compared with the same week last year, the Association of American Railroads said Thursday.

December 27, 2007
Business, Safety, Government

Mexican Trucks Program to Continue, FMCSA Says

Mexican trucks may continue to operate widely in the United States, under the Bush administration’s interpretation of a new transportation spending law, Bloomberg reported Thursday.

December 27, 2007
Business, Fuel

Oil Closes at More Than $96 a Barrel

Crude oil closed at more than $96 Thursday for the first time in a month, following an Energy Department report that showed declining inventories, Bloomberg reported.

December 27, 2007
Government, Business, Safety

FHWA Sets Rule for Brighter Highway Signs

A new federal rule will require highway signs with brighter reflection, the Federal Highway Administration said Thursday.

December 27, 2007
Business

Berkshire Hathaway to Buy Marmon Holdings

Private firm Berkshire Hathaway said it will buy 60% of Marmon Holdings, a private company, for $4.5 billion.

December 27, 2007
Business, Government

Durable Orders Edge Up 0.1%

Durable goods orders rose 0.1% in November, the first gain in four months, the Commerce Department said Thursday.

December 27, 2007
Business

Jobless Claims Rise 1,000 for Week

Initial jobless claims rose 1,000 last week to 349,000 last week, the Labor Department said Thursday.

December 27, 2007
Fuel, Business, Government

Diesel Dips 0.1¢ to $3.308

The average price of retail diesel fuel fell 0.1 cent from a week ago to $3.308 a gallon, the Department of Energy said Wednesday.

December 26, 2007
Government, Business, Safety

FMCSA Proposes New CDL Requirements

Commercial driver licenses applicants would be required to complete classroom and behind-the-wheel training from an accredited program, under a proposed new federal rule announced Wednesday.

December 26, 2007
Government, Business, Safety, Fuel, Logistics, Equipment

Letters to the Editor: CARB Reefer Rules, Old Trucks, Tires & Environment

Regarding your op-ed, “Dealing with California’s Reefer Rules," American Trucking Associations commends the efforts of the California Air Resources Board to conduct national outreach for the first time on its state regulation that will affect the nation’s refrigerated carriers.

December 26, 2007