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

JHT Holdings Files for Bankruptcy

Trucking company JHT Holdings filed for bankruptcy Tuesday, citing reduced revenue in the past year as truck sales declined, Bloomberg reported.

June 25, 2008

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Business, Government

New Home Sales Drop 2.5%

New home sales fell 2.5% in May, the Commerce Department said Wednesday.

June 25, 2008
Business, Government

Durable Goods Orders Unchanged in May

Durable goods orders were unchanged in May, the Commerce Department said Wednesday.

June 25, 2008
Business, Safety, Government

ATA Calls for Reliable Oil Supply

An American Trucking Associations official urged Congress and the Bush administration to implement a comprehensive plan to increase domestic oil supplies and ensure an affordable supply of oil for the nation’s 3.5 million truck drivers.

June 25, 2008
Government, Business, Safety

Minn. Bridge Has Half of Its Concrete Sections

Workers on Tuesday put into place the 60th of 120 concrete sections on the new Interstate 35W bridge in Minneapolis, keeping the work on course for completion ahead of schedule, the Associated Press reported.

June 24, 2008
Fuel, Government, Business

Teamsters Support Bill Aimed at Curbing Fuel Speculation

The Teamsters Union said Tuesday it supports a Congressional bill to help curb fuel costs.

June 24, 2008
Government, Business

Consumer Confidence Falls to 16-Year Low

Consumer confidence fell to the lowest level in more than 16 years this month, the New York-based Conference Board said Tuesday.

June 24, 2008
Fuel, Government, Business

Teamsters Support Bills Aimed at Curbing Fuel Speculation

The Teamsters Union said Tuesday it supports a Congressional bill to help curb fuel costs.

June 24, 2008
Business, Government

Texas to Strip Smugglers of CDLs

Texas Gov. Rick Perry (R) announced an initiative to strip licenses from Texas truck drivers convicted of smuggling illegal weapons, drugs or humans into the United States, the Associated Press reported.

June 24, 2008
Business, Government

Texas to Strip Smugglers of CDLs

Texas Gov. Rick Perry (R) announced an initiative to strip licenses from Texas truck drivers convicted of smuggling illegal weapons, drugs or humans into the United States, the Associated Press reported.

June 24, 2008