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

Jobless Claims Rise 6,000 for Week

Initial jobless claims rose 6,000 to 322,000 last week, the Labor Department said Thursday.

August 16, 2007
Government, Business, Fuel

Oil Dips Thursday After Topping $73 on Storm Concerns

Crude oil saw its biggest gain of the month Wednesday on concern that Hurricane Dean could damage Gulf of Mexico platforms and on-shore refineries and pipelines, but the price rolled back in early trading Thursday, Bloomberg reported.

August 16, 2007
Business, Safety, Government

DOT Grants Would Boost Tolls

DOT Grants Would Boost TollsThe U.S. Department of Transportation issued grants to five metropolitan areas that will require or promote greater use of tolls to decrease congestion.

August 15, 2007
Government, Business, Technology, Equipment, Safety

States to Delay Collecting SSRS Fees

States that participated in the Single State Registration System before its termination have agreed to postpone collecting fees until September, despite Congress’ extension of the program, officials said.

August 15, 2007
Business

July Industrial Production Rises 0.3%

Industrial production rose 0.3% in July, the Federal Reserve said Wednesday.

August 15, 2007
Government, Business, Safety

Editorial: A Silver Lining in a Tragedy

If you could ever see a silver lining in a tragedy as disastrous as the collapse of that Interstate 35W bridge in Minneapolis, it’s that the catastrophe brought the lamentable state of our nation’s infrastructure to the forefront of everyone’s attention.

August 15, 2007
Business, Safety, Government

Virginia Re-Inspecting Bridges Following Minn. Collapse

The Virginia Department of Transportation will re-inspect 11 bridge structures across the state beginning Wednesday to ensure their safety in light of the recent bridge collapse in Minneapolis that killed at least nine people, the Associated Press reported.

August 15, 2007
Business, Government

Consumer Price Index Rises 0.1%

The consumer price index inched up 0.1% in July, the smallest gain this year, the Labor Department said Wednesday.

August 15, 2007
Business, Government

N.Y. State Manufacturing Index Slips

Manufacturing growth in New York state slipped in August, the Federal Reserve Bank of New York said Wednesday.

August 15, 2007
Business, Safety, Government

Letters to the Editor: Cross-Border Issues, Hours of Service

I was hoping to see some relaxation in the cross-border commercial traffic fiasco. Once again, this is on hold until the next attempt — probably during the next administration.

August 15, 2007