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

Congress, Obama Extend Transportation Funding Through Early March

President Obama has signed legislation extending funding of federal transportation programs through March 4.

December 30, 2010

Infographic: Ryder’s Foundation for a Successful Freight Brokerage

Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.

Business

Chicago Manufacturing Index Improves

Manufacturing activity in the Chicago region jumped this month, indicating overall strength in the U.S. economy, the Institute for Supply Chain Management-Chicago said Thursday.

December 30, 2010
Business

Saddle Creek Buys ProLog to Add Service

Logistics company Saddle Creek Corp. said it acquired ProLog Logistics Inc., a warehousing operator.

December 30, 2010
Government, Business, Technology, Equipment

Court Grants FMCSA Extension on HOS Logbook Rule

A federal appeals court granted the Federal Motor Carrier Safety Administration an extension on its proposal for hours-of-service documents until Jan. 31.

December 30, 2010
Business, Logistics

Intermodal Traffic Jumps for Holiday Week

Intermodal traffic jumped 25.1% last week compared with the same week a year ago, the Association of American Railroads said Thursday.

December 30, 2010
Business, Logistics

Intermodal Freight Volume Moved Back to Pre-Recession Levels in 2010

Intermodal freight volume climbed back late in 2010 to pre-recession levels, driven by cost considerations of both shippers who moved more international import goods and truckers who shifted more freight onto the rails.

December 30, 2010
Business

Initial Jobless Claims Drop for Week

Initial jobless claims fell last week to the lowest level in almost two and half years, the Labor Department said Thursday.

December 30, 2010
Business

Federal Funds Helped States Pay for Transportation Work in 2010

Fallout from the recession continued to dominate states’ transportation decisions during 2010, as some federal money flowed in, but tax revenues for many remained depressed.

December 30, 2010
Business, Equipment

Accuride Resumes NYSE Trading

Commercial vehicle parts maker Accuride Corp. was relisted on the New York Stock Exchange in December.

December 29, 2010
Business

FMCSA Posts Proposed Hours-of-Service Rule

The Federal Motor Carrier Safety Administration published its proposed hours-of-service rule in Wednesday’s Federal Register, outlining the details of the proposal it first released last week.

December 29, 2010