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.
Judge Says N.J. Can Keep Tolls Study Private
New Jersey Gov. Jon Corzine (D) can keep private a report studying how the state can increase tolls on some of the nation’s busiest highways, a state judge ruled, the Associated Press reported.
November 28, 2007Navistar Trims ’08 Forecast
Truck and engine maker Navistar International Corp. trimmed its fiscal year 2008 industry forecast for commercial truck and school bus sales in North America, Reuters reported.
November 28, 2007Durable Goods Orders Fall in October
Durable goods orders fell 0.4% in October, the Commerce Department said Wednesday.
November 28, 20072007 HOS Rule Not Enforced in Western Canada Provinces
Four of Canada’s western provinces and territories have failed to implement new federal hours-of-service rules, while a fifth has delayed enforcement of them until the end of the year.
November 28, 2007N.C. Issues 50,000 Tickets in Speeding Crackdown
More than 50,000 motorists were ticketed during a weeklong, statewide crackdown on speeders by the North Carolina Highway Patrol, the Associated Press reported.
November 28, 2007Forward Air Buying Black Hawk Freight Services
Forward Air Corp. said it has entered into an agreement to acquire certain assets of Black Hawk Freight Services, a privately held provider of transportation services headquartered in Milan, Ill.
November 27, 2007DHL Sets 4.9% Net Rate Increase
DHL Express said Tuesday it would raise rates by a net 4.9% for 2008, matching previously announced rate increases by major competitors UPS Inc. and Fed Ex Corp.
November 27, 2007Navistar, UAW Resume Contract Talks
Navistar International Corp. has resumed contract talks with the United Auto Workers aimed at ending a five-week strike, Bloomberg reported.
November 27, 2007Diesel Rises 3.4¢ to $3.444; Sets Another Record
The national average price of diesel rose 3.4 cents to a new all time record of $3.444 a gallon, the Department of Energy said Monday.
November 27, 2007Consumer Confidence Drops in November
U.S. consumer confidence fell this month, the New York-based Conference Board said Tuesday.
November 27, 2007