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, Logistics, Fuel, Government

Diesel Drops 5.2¢ to $2.781 in Third Straight Decline

Diesel’s national average price fell 5.2 cents to $2.781 a gallon, matching the biggest drop in six months, the Department of Energy said Monday.

February 2, 2010

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Government, Business, Safety

Napolitano Stresses Need for Port Security

Homeland Security Secretary Janet Napolitano addressed the need to strengthen cargo screening procedures at a meeting Monday in Fort Lauderdale, Fla., with law enforcement officials and members of the private sector doing business at ports.

February 1, 2010
Government, Business

Trucking Cool to Higher Speed Limit in Va.

The trucking industry is hesitant about a proposal from Virginia Gov. Bob McDonnell (R) to raise the speed limit to 70 mph in some places.

February 1, 2010
Business, Safety, Government, Fuel

Knight Orders 370 New 2010 Trucks from Volvo

Knight Transportation has placed an order for 370 2010 model Volvo VN trucks with selective catalytic reduction technology, Volvo Trucks North America said Monday.

February 1, 2010
Business, Safety, Government

ISM Manufacturing Index Rises for Sixth Month

An index of U.S. manufacturing activity expanded in January for the sixth straight month to the highest level in five and a half years, the Institute for Supply Management said Monday.

February 1, 2010
Government, Business

Construction Spending Falls 1.2%

Construction spending fell 1.2% in December, the Commerce Department said Monday.

February 1, 2010
Government, Business

Michigan Seeks Private Partners For Bridge Project

Michigan has issued a request for “proposals of interest” from private investors to partner with the state and Canada in building the planned new bridge between Detroit and Windsor, Ontario.

February 1, 2010
Government, Business, Safety

Small Plane Makes Rush Hour Landing on N.J. Turnpike

A small airplane reporting on traffic made an emergency landing on the New Jersey Turnpike Monday morning, the Associated Press reported. No one was injured.

February 1, 2010
Business, Government

Consumer Spending Rises for Third Month

Consumer personal spending rose 0.2% in December, the third straight increase, the Commerce Department said Monday.

February 1, 2010
Business, Safety

Trucking Cargo Thefts on Rise, Journal Reports

Cargo theft from big rigs jumped 67% last year, the Wall Street Journal reported Monday.

February 1, 2010