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 Gain for Week

Initial jobless claims rose by 16,000 last week, the Labor Department said Thursday.

October 4, 2007
Government, Business

NASCAR’s Rusty Wallace Plugs Seat Belt Use for Truckers

The Federal Motor Carrier Safety Administration said Wednesday it unveiled a public service campaign featuring former NASCAR driver Rusty Wallace that is aimed at reminding truckers to use their seat belts.

October 3, 2007
Government, Business, Safety

Editorial: FMCSA Joins HOS Stay Request

The Federal Motor Carrier Safety Administration has joined American Trucking Associations’ attempt to postpone implementation of a federal court ruling against key portions of the current hours-of-service regulations.

October 3, 2007
Business, Fuel

Oil Hovers at $80 Following Inventory Report

Crude oil futures fell slightly following a Department of Energy report that showed an increase in inventories last week, Bloomberg reported Wednesday.

October 3, 2007
Business, Fuel

Oil Dips Following Inventory Report

Crude oil futures fell slightly following a Department of Energy report that showed an increase in inventories last week, Bloomberg reported Wednesday.

October 3, 2007
Business, Safety, Government

ISM Services Index Declines

The economy’s service sector growth slowed slightly in September from the previous month, the Institute for Supply Management said Wednesday.

October 3, 2007
Government, Business, Safety

FMCSA Official Cautions Fleets to Avoid Substandard Recorders

PITTSBURGH — A Federal Motor Carrier Safety Administration official said there are between 30 and 40 companies producing onboard recording devices that fail to meet FMCSA standards.

October 3, 2007
Business, Fuel

Volvo Delivers First 2010 Test Trucks

Volvo Trucks North America said it will begin field testing trucks this month that are designed to meet stricter 2010 U.S. emissions regulations.

October 3, 2007
Government, Business, Safety

Letters to the Editor: Tolling I-80, HOS, Intermodal Bickering

Tolling Interstate 80 under an act passed by both houses of the Pennsylvania General Assembly and signed by Gov. Ed Rendell will have an enormous effect on the economy of Pennsylvania and the trucking industry as a whole.

October 3, 2007
Business

Navistar, UAW in Talks on Expired Contract

Navistar International Corp. said its United Auto Workers union members are reporting to work while the truck maker and the union negotiated a new contract to replace the old agreement that expired Monday, Bloomberg reported.

October 2, 2007