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.
Jobless Claims Rise 9,000 for Week
Initial jobless claims rose by 9,000 to 334,000 last week, the Labor Department said Thursday.
August 30, 2007Oil Tops $73 Following DOE Report
Crude oil rose almost $2 to close at more than $73 a barrel Wednesday, a three-week high, following a Department of Energy report that showed oil and gasoline inventories fell more than expected, Bloomberg reported.
August 29, 2007Transport Topics Online to Close Monday for Labor Day
Transport Topics Online will be closed Monday for the Labor Day holiday. Please check back on Tuesday, Sept. 2, for the latest trucking and freight transportation news.
August 29, 2007Top Drivers Emphasize Safety as NTDC Begins in Minneapolis
MINNEAPOLIS — Some of the nation’s best truck drivers arrived here last week ahead of the 70th annual National Truck Driving Championships to discuss the importance of safety on the nation’s highways and to express their sympathies as the city recovers from the deadly bridge collapse earlier this month.
August 29, 2007Editorial: Continuing HOS Worries
The worst part of the seemingly never-ending saga of the attempt to bring the antiquated hours-of-service rules somewhere close to the realities of 21st century trucking is the uncertainty brought on by the current game of legislative and judicial ping-pong being played in slow motion.
August 29, 2007Mass. Considering Tolls, Rush-Hour Fees, Paper Says
Massachusetts may put tolls on Interstate 93 and toll other state highways during peak travel times, the Boston Herald reported Wednesday.
August 29, 2007Daimler’s Second-Quarter Income Dips
DaimlerChrysler’s second-quarter net income fell 14% after the company took losses from its unprofitable Chrysler division, sold earlier this month, Bloomberg reported Wednesday.
August 29, 2007NHTSA to Issue Side Air Bag Rule
Federal officials next month are set to unveil a requirement that automakers install side air bags by the early part of the next decade, the Detroit News reported.
August 29, 2007Johansson Named CFO at Volvo Trucks
Christian Johansson has been appointed chief financial officer for Volvo Trucks, the company said Wednesday.
August 29, 2007July Truck Tonnage Falls 3.7%
American Trucking Associations’ July for-hire truck tonnage index fell 3.7% from the same month a year ago but saw the first month-to-month increase since March, ATA said Monday.
August 28, 2007