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

Navistar, UAW Set to Resume Talks

Navistar International Corp., the parent of truck maker International Truck and Engine, will resume talks with the United Auto Workers union on Nov. 26, amidst a continuing strike, the Chicago Sun Times reported Thursday.

November 15, 2007
Government, Business, Safety, Fuel

Appeals Court Strikes Down CAFE Standards for Light Trucks

A federal appeals court ruled that Department of Transportation failed to take into account the value of reducing carbon emissions in setting the rules for 2008-2011 model light trucks and sport utility vehicles, Bloomberg News reported Thursday.

November 15, 2007
Business, Logistics

Hub Group Announces $75 Million Stock Buyback

Logistics firm Hub Group, Downer’s Grove, Ill., said Thursday it has authorized a $75 million stock buyback.

November 15, 2007
Business, Government

Philadelphia Factory Index Rises

Manufacturing levels strengthened in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.

November 15, 2007
Business, Government

N.Y. State Manufacturing Index Slips

Manufacturing growth in New York state dipped in October, the Federal Reserve Bank of New York said Thursday.

November 15, 2007
Business

Initial Jobless Claims Rise by 20,000

Initial jobless claims rose by 20,000 last week to 339,000, the Labor Department said Thursday.

November 15, 2007
Business, Safety, Government

DOT Transportation Index Slips in September

The Department of Transportation’s freight transportation services index for September fell 1.6% compared with a year ago, DOT said Wednesday.

November 14, 2007
Business, Safety

Opinion: Driver Safety, Retention Challenge Truckers

When I think about driver safety, retention, recruiting and productivity, the actions of four groups come to mind: shippers, receivers, carriers and government. Each plays an integral part in developing efficient truckload capacity in America.

November 14, 2007
Business, Safety, Government

TxDOT Recommends Use of Existing Highways in Trans-Texas Corridor

The Texas Department of Transportation said that existing highways could be incorporated into the proposed Trans-Texas Corridor, a planned 4,000 mile superhighway that would incorporate tolling and truck-only lanes.

November 14, 2007
Business, Safety, Government

Savannah Port Enrolls Workers in TWIC

The Transportation Safety Administration said that that beginning Thursday, some 23,000 workers from the Port of Savannah, including truck drivers, are expected to enroll in the Department of Homeland Security’s Transportation Worker Identification Credential Program.

November 14, 2007