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.
Jobless Claims Fall 10,000 for Week
Initial jobless claims fell by 10,000 last week, the Labor Department said Thursday.
March 29, 2007Companies Turn to Tracking Technology for Cargo Security
Allied Gains Court Approval for $315 Million Bankruptcy Loan
A bankruptcy court approved auto hauler Allied Holdings' motion to borrow as much as $315 million to help exit from bankruptcy, Bloomberg reported.
March 28, 2007Perseverance, Timing Key to Mediation of Accident Claims, Lawyers Say
Letters to the Editor: Opening the Border
This Mexican truck program is contrary to everything the United States should be doing.
March 28, 2007Safety & Security Briefs — March 22 - March 28
Crude Oil Prices Continue to Rise, Topping $64 a Barrel
Crude oil futures rose to more than $64 a barrel in early trading Wednesday on the New York Mercantile Exchange, the seventh straight trading day of increases, Bloomberg reported.
March 28, 2007Ambassador Bridge Plans to Be Reviewed by Michigan DOT
The owner of the bridge that connects Detroit to Windsor, Ontario, has applied for $1 billion in U.S. bonds to help pay for a new twin span, and the state agency that will help make that decision is a chief competitor in building a new bridge, the Detroit News reported.
March 28, 2007Security & Safety Briefs
Con-way Exec Named to FMCSA Safety Committee • Ford Recalls Medium-Duty Trucks • Ontario Trucking Sets Plan to Recover Stolen Cargo
March 28, 2007UAW Chief Says Union May Strike at Delphi
United Auto Workers President Ron Gettelfinger said Tuesday the union may strike struggling auto parts maker Delphi Corp. if the company continues with plans to void its labor contracts in court, the Associated Press reported.
March 28, 2007