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, Logistics

Existing Home Sales Drop for Fifth Month

Existing homes sales fell in July for a fifth straight month, the National Association of Realtors said Monday.

August 27, 2007
Business

Electronic Tolling Coming to North Texas

The North Texas Tollway Authority said Aug. 15 it would convert all its toll roads to all-electronic toll collection, eliminating cash payment options entirely.

August 27, 2007
Business, Technology, Equipment, Safety

Landstar to Repurchase 2 Million Shares

Landstar System said Monday it will buy back up to an additional 2 million shares of its common stock.

August 27, 2007
Business, Safety, Fuel

Hino, Isuzu to Expand Partnership

Hino Motors and Isuzu Motors agreed have to develop cabs for heavy-duty trucks and research technology to trap emissions, expanding the two companies’ partnership, Bloomberg reported Monday.

August 27, 2007
Government, Business

Trucking Ambassadors Burnish Industry’s Image

Professional truck driver Brad Hille never imagined that a short instructional video he made as a way to help other truckers would give him the opportunity to tour the country while representing his profession.

August 27, 2007
Business, Government, Safety, Logistics

Menlo Wins $1.6 Billion DOD Contract

The Department of Defense last week awarded its controversial $1.6 billion logistics contract to Menlo Worldwide Government Services.

August 27, 2007
Business, Government, Safety, Logistics, Fuel

Diesel and Gasoline Prices Rise

The national average prices of retail diesel and gasoline rose last week, even as crude oil futures fell to an eight-week low after Hurricane Dean passed without any significant disruption to U.S. oil production.

August 27, 2007
Business, Government

Arkansas Waives Registration Fee

Arkansas trucking companies will not have to pay a tax bill that a state agency sent mistakenly, the Associated Press reported.

August 24, 2007
Government, Business

N.J. Wants Seat on NYC Congestion Panel

The New Jersey Senate wants a representative from that state to sit on New York City’s 17-member congestion-pricing commission, the New Jersey Star-Ledger reported.

August 24, 2007
Business, Government

Durable Goods Orders Jump 5.9%

Durable goods orders jumped 5.9% in July, the Commerce Department said Friday.

August 24, 2007