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.
Group Seeks to Exempt Deaf Drivers From Federal Hearing Requirements
The increased use of technology in truck cabs means that hearing is not as important in commercial driving as it once was, the National Association of the Deaf said in a petition asking that 45 drivers be exempted from federal hearing standards.
June 4, 2012TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Diesel Down 5.9¢ to $3.897; Fall in Crude Sparks Largest Drop in 5 Months
The national average price for a gallon of retail diesel fell 5.9 cents to $3.897 last week, the seventh straight decline and the largest one-week drop in five months, the Department of Energy reported.
June 4, 2012Intermodal Traffic Rises 4.3% for Week
U.S. intermodal traffic rose 4.3% for the week ended Saturday from a year ago, the Association of American Railroads said.
June 1, 2012Canadian Pacific Resumes Operations as Strike Ends
Canadian Pacific Railway resumed operations Friday morning after a week-long strike, Reuters reported.
June 1, 2012Unemployment Rate Rises to 8.2%; Trucking Gains Jobs
The U.S. unemployment rate rose to 8.2% in May from April’s three-year-low 8.1%, but trucking and transportation employment improved, the Labor Department said Friday.
June 1, 2012Construction Spending Rises 0.3%
Construction spending rose in April for a second straight month, the Commerce Department said Friday.
June 1, 2012ISM Manufacturing Index Slips in May
U.S. manufacturing activity slowed in May but showed continued expansion, the Institute for Supply Management said Friday.
June 1, 2012O&S Trucking Files for Bankruptcy
O&S Trucking, Springfield, Mo., has filed for Chapter 11 bankruptcy protection, the Springfield News-Leader reported Thursday.
June 1, 2012Personal Spending Rises in April
Consumer personal spending rose 0.3% in April as incomes increased, the Commerce Department said Friday.
June 1, 2012ATA Tells Congress Security Efforts Must Be Risk-Based
Efforts to protect the nation’s transportation system from terrorist attack should promote information sharing between the public and private sectors and focus on areas most at risk, a trucking executive told a Congressional panel.