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, Government

Trucking to Remain Dominant Freight Mode

Trucking will continue to be the dominant mode of freight transportation in the United States over the next 10 years, according to a new report by American Trucking Associations.

November 30, 2007
Business, Logistics

Teamsters, TMI Report Progress at Freight Talks

Teamsters union  leaders and representatives of Trucking Management Inc. said that National Master Freight Agreement talks were going well, two days after both sides exchanged contract proposals in Washington.

November 30, 2007
Business, Safety

Rail, Intermodal Traffic Decline for Week

Rail and intermodal traffic declined for the week ended Saturday from the same week last year, the Association of American Railroads said.

November 30, 2007
Business, Safety, Government

Nafta Surface Trade Gains 5.5%

Surface trade among the United States, Canada and Mexico rose 5.5% in September from a year earlier, the Transportation Department said Thursday.

November 29, 2007
Government, Business, Safety

Calif. Court Rules Against FedEx in Drivers’ Case

The California Supreme Court rejected a bid by FedEx Corp. to reverse a verdict making its independent contractor drivers full-time employees, Bloomberg reported.

November 29, 2007
Business

UPS Sets Alliance for India Expansion

UPS Inc. said Thursday its UPS Jetair Express unit has set a strategic alliance with AFL that will significantly expand accessibility to UPS services in India while providing export capabilities to AFL.

November 29, 2007
Business, Safety, Government

October Truck Tonnage Falls 1.5%

October truck tonnage fell 1.5% from a year ago, according to American Trucking Associations’ seasonally adjusted for-hire truck tonnage index.

November 29, 2007
Business, Safety, Government

Trucking Industry at Odds With Maine Tobacco Law

The trucking industry, supported by the federal government, is warning that a Maine law on tobacco sales could lead to conflicting state regulations that Congress meant to pre-empt when it deregulated motor transportation, the New York Times reported Thursday.

November 29, 2007
Business

Jobless Claims Reach Nine-Month High

Initial jobless claims reached a nine-month high last week, the Labor Department said Thursday.

November 29, 2007
Government, Business

Fed ‘Beige Book’ Cites Slower Economic Growth

Overall economic activity expanded from October into mid-November, but the pace of growth slowed since a previous period, the Federal Reserve said Wednesday.

November 28, 2007