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.
Cable Barriers Preventing Cross-Over Wrecks
Senate GOP Kills ‘Card-Check’ Bill
Senate Republicans on Tuesday blocked a bill that would have allowed labor unions to organize workplaces without holding secret-ballot elections, the Associated Press reported.
June 26, 2007Refineries’ Output Seen Sluggish This Summer
Continued sluggish oil refinery capacity may keep gasoline prices — and oil company profits — high this summer, the Wall Street Journal reported Tuesday.
June 26, 2007Navistar Sees ‘Solid’ 2007 Despite Truck Sales Downturn
Navistar International Corp. said Tuesday that its 2007 results will be “solid,” despite a drop in truck sales.
June 26, 2007New Home Sales Drop 1.6%
New home sales fell 1.6% in May, the Commerce Department said Tuesday.
June 26, 2007Consumer Confidence Dips in June
U.S. consumer confidence declined this month, the New York-based Conference Board said Tuesday.
June 26, 2007Diesel Gains 3¢ to $2.835; Gas Dips 2.7¢ to $2.982
The average retail price of U.S. diesel fuel rose 3 cents $2.835 a gallon, the Department of Energy said Monday following its weekly price survey.
June 26, 2007OOIDA, C.R. England Claim Partial Victory in Class-Action Suit
Truckload carrier C.R. England and the Owner-Operator Independent Drivers Association each claimed partial victory after a federal district court ruled on a case involving federal truth-in-leasing regulations.
June 26, 2007July 4 Travel to Reach Record, AAA Says
Despite continued high gasoline prices, a record 41.1 million Americans are expected to travel during the July 4 holiday week, up 0.8% over last year, AAA said.
June 26, 2007