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, Fuel

Clean Energy Adds Another $150 Million for Natural Gas Fuel Stations

Supporters of a national network of natural gas fueling stations for motor carriers have invested an additional $150 million in the project, Clean Energy Fuels Corp. said Thursday.

December 29, 2011
Business, Fuel

Oil Holds Below $100 a Barrel

Oil rose slightly Thursday but held under under $100 a barrel, down from more than $101 earlier in the week, Bloomberg reported.

December 29, 2011
Business

Chicago Manufacturing Index Slips

An index of manufacturing activity in the Chicago area dipped in December but showed continued expansion, the Institute for Supply Management-Chicago said Thursday.

December 29, 2011
Business

Jobless Claims Rise for Week

Initial jobless claims increased last week for the first time in a month, the Labor Department said Thursday.

December 29, 2011
Business

CARB Reminds Truckers of Jan. 1 Compliance Deadline

The California Air Resources Board has reminded heavy diesel truck owners that new emission rules take effect Jan. 1 and they may need to report their compliance online.

Greg Johnson | Staff Reporter
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December 29, 2011
Business

FMCSA Publishes Final HOS Rule in Federal Register

Following last week’s announcement, the Federal Motor Carrier Safety Administration has published its final hours-of-service rule in the Federal Register.

December 28, 2011
Business

Pilot HOS Rules Tightened; Cargo Exempted

As it has with trucking rules, the federal government has tightened hours-of-service rules for airline pilots, while exempting air cargo pilots.

December 28, 2011
Business, Logistics

Muzi to Head Concert Group Logistics

XPO Logistics said it has appointed Dominick Muzi to be president of Concert Group Logistics, the Buchanan. Mich., company’s freight forwarding subsidiary.

December 28, 2011
Business, Fuel

Diesel Falls 3.7¢ to $3.791 a Gallon; Gasoline Gains 2.9¢ to $3.258

Diesel fell another 3.7 cents to $3.791 a gallon, its fifth straight decline, while gasoline rose for the first time in six weeks, the Department of Energy said.

December 28, 2011
Business, Logistics

Nightingale Moves to ModusLink Global Solutions, from Con-way

Trucking executive Thomas Nightingale is now president of sales and marketing for ModusLink Global Solutions, a publicly traded logistics and marketing firm specializing in the consumer goods and technology industries.

December 28, 2011