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.
Construction Spending Rises 0.1%
Construction spending rose 0.1% in April, for a third straight monthly increase, the Commerce Department said Thursday.
May 31, 2007Chicago Factory Index Rises in May
Manufacturing activity in the Chicago region accelerated in May, the National Association of Purchasing Management said Thursday.
May 31, 2007Jobless Claims Fall 4,000 for Week
Initial jobless claims fell 4,000 last week, the Labor Department said Thursday.
May 31, 2007European Mandates Push Biofuels Development
April Truck Tonnage Declines
American Trucking Associations’ advanced for-hire truck tonnage index April’s was 2.7% below the same month last year, the group said.
May 30, 2007Preliminary Report Shows Downturn in ’06 Large-Truck Crash Fatalities
Preliminary data released by the Department of Transportation show that fatalities from large truck crashes declined 3.7% last year compared with 2005.
May 30, 2007Fed Minutes Cite Housing Slump, Inflation Concerns
Federal Reserve officials acknowledged they underestimated the length of the U.S. housing slump, and continued to view inflation as the biggest risk to the economy.
May 30, 2007Bush Signs Mexican Trucks Restrictions Into Law
President Bush has signed a bill into law setting restrictions on the government’s pilot program to allow Mexican trucks access to U.S. highways, the Associated Press reported.
May 30, 2007