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, Government

N.Y.C. Congestion-Fee Plan May Be Voted on Monday

New York City’s plan to charge “congestion fees” on cars and trucks in central Manhattan may come for a vote Monday when state legislators convene in Albany, the state capital, the Associated Press reported.

July 16, 2007
Government, Business, Safety, Fuel

Some Fleets Pleased With ’07 Engines

Truckers who have purchased heavy-duty tractors with 2007 engines say the vehicles have run as well, if not better, than previous engines in terms of fuel, performance, reliability and maintenance.

July 16, 2007
Business, Government

E-Commerce Changes Nature of Retail Goods Distribution

The advent of point-and-click online shopping has pushed warehouses into the business of consumer direct sales, and e-commerce has rendered the typical warehousing model virtually ineffectual.

July 16, 2007
Government, Business, Safety

ATA Moves to New Headquarters

After nearly 23 years in its Alexandria, Va., headquarters, American Trucking Associations relocated last week to a new building in Arlington, Va.

July 16, 2007
Government, Business, Safety, Fuel, Logistics

Diesel Rises 2¢ to $2.849

The national average price of retail diesel and gasoline both increased last week, the Department of Energy reported, at the same time it was projecting the fuels will continue to climb for the remainder of the summer.

July 16, 2007
Government, Business, Safety

Opinion: Fix the Hazmat Endorsement Process Now

The road to the Patriot Act in late 2001 was paved with good intentions. However, like any road built without adequate planning, this one has developed some major potholes.

July 16, 2007
Business, Government, Fuel

Crude Oil Closes Week Near $74 a Barrel

Crude oil futures spiked $1.43 to close the week at $73.93 a barrel on the New York Mercantile Exchange, the highest price in almost a year, Bloomberg reported Friday.

July 13, 2007
Government, Business, Logistics

BAX Sets U.S.-Canada Service

Airfreight company BAX Global and sister company Schenker, a logistics firm, said they are offering a new overnight ground service between the United States and Canada.

July 13, 2007
Business, Government

July Consumer Sentiment Index Rises

U.S. consumer confidence rose this month to the highest level since October, according to the University of Michigan’s monthly consumer sentiment index released Friday.

July 13, 2007
Business, Government

Business Inventories, Sales Gain

U.S. business inventories rose 0.5% in May as sales rose, the Commerce Department said Friday.

July 13, 2007