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

Diesel Fuel Price Falls 6.2ยข to $3.888 a Gallon

The average price of a gallon of retail diesel in the United States declined 6.2 cents to $3.888 last week, the Department of Energy reported.

July 4, 2011

Truckbase Business Overview, Features, Reviews 2024

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

Business

TTNews.com Closed Monday for July 4th Holiday

Transport Topics Online will be closed Monday, July 4, for the Independence Day holiday. Please check back on Tuesday, July 5, for the latest trucking and freight transportation news.

July 1, 2011
Business

UPS Freight Sets 6.9% Rate Increase

UPS Freight said Friday it was raising rates by an average 6.9%, effective Aug. 1.

July 1, 2011
Business

Minnesota Shutdown Closes State Rest Areas

The Minnesota state government shut down Friday morning, closing state highway rest areas and halting construction projects, the St. Paul Pioneer Press reported.

July 1, 2011
Business

Construction Spending Dips 0.6% in May

Construction spending declined 0.6% in May, the sixth straight monthly decrease, the Commerce Department said Friday.

July 1, 2011
Business, Government, Logistics

Consumer Confidence Drops in June

Consumer confidence fell in June, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

July 1, 2011
Business

South Carolina Ports Approve Budget

The board of directors at the South Carolina State Ports Authority has approved a fiscal 2012 budget that includes more than $80 million in capital projects, and projects a 6.6% rise in container traffic for the fiscal year beginning Friday, July 1

July 1, 2011
Business, Logistics

Intermodal Traffic Rises 3.3% for Week

Intermodal traffic rose 3.3% last week from a year ago, the Association of American Railroads reported.

July 1, 2011
Government, Business

DOT Sets $527 Million in New Transportation Grants

Transportation Secretary Ray LaHood said Thursday that $527 million will be available for a third round of competitive transportation grants to fund infrastructure projects nationwide.

June 30, 2011
Business, Fuel

Oil Rises to Top $95 a Barrel

Oil rose 65 cents Thursday, rebounding from earlier declines to finish the trading day at $95.42 a barrel on the New York Mercantile Exchange, Bloomberg reported.

June 30, 2011