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

New York State Manufacturing Index Declines in March

Manufacturing growth in New York state fell off sharply this month, the Federal Reserve Bank of New York reported Thursday.

March 15, 2007
Business

Initial Jobless Claims Fall 12,000 for Week

Initial jobless claims fell by 12,000 last week to the lowest level in more than a month, the Labor Department said Thursday.

March 15, 2007
Business, Government

House Passes Card Check for Union Representation

The House of Representatives approved a bill that would make it easier for labor unions to organize employees, but President Bush said he would veto the measure if it passed the Senate.

Sean McNally | Staff Reporter
March 15, 2007
Business, Safety, Government

January Transportation Services Index Declines 0.6%

The U.S. Transportation Department’s transportation services index fell 0.6% in January following a one-month increase in December, DOT said Wednesday.

March 14, 2007
Business

Sirva Signs Deal to Sell European Moving Operations

Moving company Sirva Inc. said Wednesday it signed an agreement to sell its moving operations in 11 European countries to European firm Team Relocations for about $10 million.

March 14, 2007
Business

GM Reports $950 Million Fourth-Quarter Profit

General Motors Corp. reported its second quarterly profit in two years on increased auto revenue and reduced labor costs, the automaker said Wednesday.

March 14, 2007
Business, Safety, Government

North American Surface Trade Jumps 8.9% in 2006

Surface trade among the United States, Canada and Mexico jumped 8.9% last year over 2005 levels, the Department of Transportation said Tuesday.

March 14, 2007
Business, Safety, Government, Technology, Equipment

Letter to the Editor: Speed Limits, Opening the Border

Click here to write a Letter to the Editor. There is a lot more traffic and a lot more going on behind the wheel other than turning it, with cellphones, Global Positioning System and onboard computers.

March 14, 2007
Business, Government, Safety, Autonomous

Sen. Murray Criticizes DOT Over Mexican Truck Plan

WASHINGTON — Sen. Patty Murray (D-Wash.), author of the rules Congress set for opening the U.S. border to Mexican trucks, told Transportation Secretary Mary Peters she suspected the agency may be stacking the deck in its recently announced pilot program.

Sean McNally | Staff Reporter
March 14, 2007
Government, Business, Safety

Security & Safety Briefs — March 8 - March 14

FMCSA Names Safety Committees • Highway Watch Debuts Online Training • Insurance Co. Not Liable in Conn. Crash

March 14, 2007