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

Jobless Rolls Reach Four-Year High

Initial jobless claims rose to a four-year high last week, the Labor Department said Thursday.

May 1, 2008

Truckbase Business Overview, Features, Reviews 2024

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

Government, Business

Personal Spending Rises 0.4%

Consumer personal spending rose 0.4% in March, the Commerce Department said Thursday.

May 1, 2008
Business, Safety

Snow Closes I-70 Near Denver

Authorities closed westbound lanes of Interstate 70 west of Denver Thursday because of accidents caused by a spring snowstorm, the Associated Press reported.

May 1, 2008
Business

Frozen Food Express Reports 1Q Loss

Refrigerated truckload carrier Frozen Food Express Industries said it lost $825,000, or 5 cents a share, in the first quarter, compared with a loss of $233,000, 1 cent, a year ago.

April 30, 2008
Business

Fed Cuts Key Interest Rate a Quarter-Point to 2%

The Federal Reserve cut the key U.S. interest rate Wednesday by a quarter of a point, to 2%.

April 30, 2008
Business, Safety, Government

DOT Secretary Peters Launches Blog

Transportation Secretary Mary Peters has launched a blog at DOT, called the Fast Lane.

April 30, 2008
Business, Safety, Government

NAFTA Surface Trade Jumps 16.3%

Surface trade among the United States, Canada and Mexico jumped 16.3% in February from a year earlier, the Department of Transportation said Wednesday.

April 30, 2008
Government, Business, Equipment

Cummins’ 1Q Profit Jumps

Diesel engine maker Cummins Inc.’s first-quarter profit jumped 33% to $190 million, or 97 cents a share, from $143 million, or 71 cents, a year ago.

April 30, 2008
Business, Safety, Government

Trucking Could Gain Hazmat Business Under New DOT Rail Shipment Rules

Railroads are facing new federal regulations for shipments of highly hazardous materials, such as chlorine, that could drive more business to trucks.

April 30, 2008
Business, Logistics, Government

Chicago Manufacturing Index Shows Small Gain

Manufacturing activity in the Chicago region improved this month, but continued to show contraction, the National Association of Purchasing Management said Wednesday.

April 30, 2008