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, Government

Durable Goods Orders Fall 6.2% in October

Durable goods orders fell 6.2% in October, the Commerce Department said Wednesday.

November 26, 2008
Business, Safety, Government

DOT Gives $110 Million For Atlanta HOT Lanes

The federal government has awarded a $110 million grant toward a plan to turn some of metropolitan Atlanta's HOV lanes into HOT lanes, Secretary of Transportation Mary Peters announced Tuesday.

November 25, 2008
Fuel, Business, Logistics, Government

Diesel Falls 14.5¢ to $2.664

Diesel fuel’s national average price continued its downward trend, falling 14.5 cents to $2.664 a gallon, the Department of Energy said Monday.

November 25, 2008
Government, Business

Third-Quarter GDP Falls 0.5%

The U.S. economy contracted more than previously estimated, shrinking by 0.5% in the third quarter, the Commerce Department said Tuesday.

November 25, 2008
Business, Government

Consumer Confidence Rises In November After Record Low

Consumer confidence unexpectedly rose in November as falling gasoline prices provided relief for consumers, the Bloomberg said Tuesday.

November 25, 2008
Business

Obama Stimulus Plan to Focus on Infrastructure

President-elect Barack Obama will propose an economic-stimulus package focused on infrastructure shortly after he is inaugurated, Bloomberg reported Tuesday.

November 25, 2008
Business, Safety

Truck Tonnage Falls 1.8% in October

Truck tonnage fell 1.8% in October from the same month last year, and took an even bigger drop from September, American Trucking Associations said late Monday.

November 25, 2008
Fuel, Government, Business

Clean Energy's Calif. LNG Plant Starts Production

Clean Energy Fuels Corp. has started up its California LNG Plant in Boron, Calif., the company said Monday.

November 24, 2008
Business, Technology, Equipment, Safety

NAVTEQ To Acquire German Traffic Data Firm

NAVTEQ announced last week that it will acquire T-Systems Traffic GmbH, a German traffic data firm.

November 24, 2008
Government, Business, Safety, Fuel, Logistics

Pacer To Deploy 300 Clean Trucks

Pacer International announced last week that its subsidiaries will deploy 230 new clean trucks this month to comply with Southern California port regulations.

November 24, 2008