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.
Diesel Dips 0.3¢ to $4.645; Gas Hits Record $4.095
Diesel fuel’s national retail pump average declined 0.3 cent to $4.645 a gallon, the Energy Department reported.
July 1, 2008ISM Factory Index Shows Expansion
U.S. manufacturing levels expanded in June for the first time in five months, the Institute for Supply Management said Tuesday.
July 1, 2008Construction Spending Falls 0.4%
Construction spending fell 0.4% in May, the Commerce Department said Tuesday.
July 1, 2008Truck Stops See Increase in Diesel Thefts as Fuel Prices Soar
An executive with Pilot Travel Centers said the number of diesel fuel thefts has soared this year.
July 1, 2008California, Washington Cell Phone Laws Take Effect
Laws prohibiting hand-held cell phones take effect Tuesday in California and Washington state, the Associated Press reported.
July 1, 2008Volvo Gains Extension on Drivetrain, Hybrid Research Grant
The U.S. Department of Energy and the government of Sweden extended a cooperative agreement with the Volvo Group on development of alternative drivelines, Volvo said Monday.
June 30, 2008NAFTA Surface Trade Reaches Monthly Record
Surface trade among the United States, Canada and Mexico reached a record high level in April, the Department of Transportation said Monday.
June 30, 2008Alvan Motor Freight Closes Doors
Kalamazoo, Mich.-based Alvan Motor Freight has filed for Chapter 11 bankruptcy and gone out of business, the Grand Rapids (Mich.) Press reported Monday.
June 30, 2008Navistar Resumes NYSE Trading
Navistar International Corp. said Monday its common stock has resumed trading on the New York Stock Exchange.
June 30, 2008Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region improved in June but continued to show contraction, the National Association of Purchasing Management said Monday.
June 30, 2008