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.
Diesel Slides to $3.976 a Gallon In Fifth Straight Weekly Decline
The national average price of diesel fuel slid four-tenths of a cent to $3.976 a gallon, the fifth straight weekly decline in the cost of trucking’s main fuel, the Department of Energy reported last week.
November 26, 2012TTNews Closed for Thanksgiving
Transport Topics Online will be closed Thursday and Friday for the Thanksgiving holiday. Please check back on Monday, Nov. 26, for the latest trucking and freight transportation news.
November 21, 2012Intermodal Traffic Gains 2.4% for Week
U.S. rail intermodal traffic rose 2.4% last week over the same week a year ago, the Association of American Railroads said.
November 21, 2012E&MU: Underinflation Seen as Main Cause of ‘Road Gators’
Last summer’s record heat scorched much of the United States, with evidence of the high temperatures visible on the nation’s highways in the form of chunks of broken tires and separated treads, so-called “road gators.”
November 21, 2012Leading Economic Indicators Rise 0.2%
An index of leading economic indicators rose 0.2% in October, the New York-based Conference Board said Wednesday.
November 21, 2012Consumer Confidence Rises in November
Consumer confidence rose in November, according to the Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.
November 21, 2012Oakland Port Workers Return to Work After One-Day Strike
Maintenance and custodial workers from the Service Employees International Union were set to return to work Wednesday after a one-day strike at the Port of Oakland, Calif., The Associated Press reported.
November 21, 2012Thanksgiving Holiday Automobile Travel to Rise 0.6%
Americans’ automobile travel will increase during the Thanksgiving weekend by 0.6% from last year, the motorists’ group AAA said.
November 21, 2012Initial Jobless Claims Fall for Week
Initial jobless claims fell by 41,000 last week, the Labor Department said Wednesday.
November 21, 2012Agenda Set for Natural Gas in Trucking Summit
Following is an ATA Summit on Natural Gas in Trucking agenda: Wednesday Registration kicks off from 4 - 7 p.m. and ATA’s welcome reception is from 5:30 - 7 p.m.. Thursday Continental breakfast 7:30 - 8:15 a.m,, with ATA Chairman Michael Card’s opening remarks from 8:15 – 8:30 a.m. Session I: Natural Gas 101: A Primer, 8:30– 9 a.m., will be followed by Session II: Fueling the Nation’s Energy Needs, 9 – 10 a.m. Session III: Infrastructure Hurdles, 10:30 – 11:30 a.m., will be followed by lunch. Session IV, The Transformation of America’s Energy Future, featuring Andrew Littlefair, CEO, Clean Energy, and T. Boone Pickens, Chairman, BP Capital Management, 12:30 – 1:15 p.m.
November 20, 2012