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.

Government, Business, Safety, Fuel

ATA Cites Concerns on Patchwork Climate Change Regs

A top trucking official urged Congress Thursday to take a cautious approach to climate change initiatives, saying the industry was concerned over the impacts of pending cap-and-trade legislation on the economy and fuel prices.

June 20, 2008

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Fuel, Government, Business

Oil Rises to Close Week Over $134 a Barrel

Crude oil rose Friday, a day after sliding almost $5 on reports that China would raise fuel prices, news services reported.

June 20, 2008
Fuel, Business, Safety

Police Investigating 4,000-Gallon Diesel Theft

Police in Burbank, Calif., are investigating the theft of 4,000 of diesel fuel from a service station, the Associated Press reported.

June 20, 2008
Business, Safety

Intermodal Traffic Plunges 4.8% for Week

Rail and intermodal traffic both plunged for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.

June 19, 2008
Business, Government

Philadelphia Manufacturing Index Declines

Manufacturing levels in the Philadelphia region declined this month, continuing to show contraction, the Federal Reserve Bank of Philadelphia said Thursday.

June 19, 2008
Government, Business

Leading Indicators Rise for Second Straight Month

An index of leading economic indicators improved in May, the second straight increase, the New York-based Conference Board said Thursday.

June 19, 2008
Business

Initial Jobless Claims Fall for Week

Initial jobless claims fell 5,000 last week, the Labor Department said Thursday.

June 19, 2008
Business, Safety

Volvo Chief Holds to Gloomy North American Forecast

The chief executive officer of truck maker Volvo AB said that the North American market this year is on course to come in flat with lackluster 2007 levels, news services reported.

June 19, 2008
Business, Fuel

L.A. Council Approves Port’s Clean Truck Plan

The Los Angeles City Council has approved to a plan requiring all truck drivers at the Port of Los Angeles to be employed by a trucking company within five years, the Los Angeles Times reported Wednesday.

June 18, 2008
Government, Business, Safety

Ontario to Require 65-MPH Speed Limiters on Trucks

The Ontario Legislature passed a measure Monday requiring speed limiters on large trucks that would cap speeds at 105 kilometers per hour, the equivalent of 65.2 miles per hour, the Ontario Transportation Ministry said.

June 18, 2008