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, Safety, Government

DOT Sets $354 Mln. to Back NYC Congestion-Fee Plan

The U.S. Department of Transportation said Tuesday it has allocated $354 million to finance New York City’s congestion fee-based traffic plan, the New York Times reported.

August 14, 2007
Fuel, Business, Logistics, Government

Diesel Drops 5.1¢ to $2.847

Diesel fuel’s national average pump price dropped 5.1 cents off an 11-month high to $2.847 a gallon, the Energy Department reported Monday.

August 14, 2007
Business, Government

Business Inventories Rise 0.4%; Sales Dip

U.S. business inventories rose 0.4% in June, while sales fell, the Commerce Department said Monday.

August 13, 2007
Business, Government

Business Inventories Rise 0.4%; Sales Dip

U.S. business inventories rose 0.4% in June, while sales fell, the Commerce Department said Monday.

August 13, 2007
Business, Safety, Logistics

ATA to Revive Information Tech Council

American Trucking Associations said it is bringing back its Information Technology and Logistics Council to meet a growing demand by ATA carrier members seeking technical and educational opportunities for their IT, logistics and operations managers.

August 13, 2007
Fuel, Business, Government

Oregon Sets Biodiesel Mandate

Oregon has become the fifth state to enact a biodiesel requirement and the first to require strict testing of the fuel.

Andrea Fischer | Staff Reporter
August 13, 2007
Business, Safety, Government, Technology, Equipment

Virginia DOT Updates 511 System, Software

The Virginia Department of Transportation said Aug. 1 it has updated its 511 road-information system to include improvements suggested by users.

August 13, 2007
Business, Fuel

Panel Recommends Chicago Retrofit Program

The Chicago Agency for Metropolitan Planning said the city should adopt an on-road diesel fleet retrofit project, which would provide up to $1 million for emission-reducing technology.

August 13, 2007
Business, Government

July Retail Sales Rise 0.3%

Retail sales gained 0.3% in July, the Commerce Department said Monday.

August 13, 2007
Business, Government

Texas to Make Retrofit Funding Available

The Texas Commission on Environmental Quality said it would make more money available to the state’s truck retrofit program, after the Texas Legislature approved $5 million in additional funding for idle-reduction technologies.

August 13, 2007