Trucking Business News

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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

March Unemployment Rate Holds at 9.7%

The U.S. unemployment rate held at 9.7% in March, though payrolls increased by the most in three years, the Labor Department said Friday.

April 2, 2010
BusinessLogistics

Intermodal Traffic Gains for Week

Intermodal rail traffic rose 12% last week from the same week a year ago, the Association of American Railroads said Thursday.

April 1, 2010
Business

March Auto Sales Jump

Automakers saw their biggest U.S. gains in years for the month of March, led by Toyota Motor Corp. with a 41% increase, Ford Motor Co. with a 40% improvement and General Motors Co. with a 21% upturn, Bloomberg reported Thursday.

April 1, 2010
Business

I-95 Remains Closed in Rhode Island Following Floods

Interstate 95 remained closed in Rhode Island Thursday as the state continued to contend with the worst floods in more than 100 years, news services reported.

April 1, 2010
BusinessEquipment

ISM Manufacturing Index Expands for Ninth Month

U.S. manufacturing activity expanded for the eighth consecutive month in March, the Institute for Supply Management said Thursday.

April 1, 2010
Business

Construction Spending Drops 1.3%

Construction spending fell in February to its lowest level in more than seven years, the Commerce Department reported.

April 1, 2010
Business

Initial Jobless Claims Fall 6,000 for Week

Initial jobless claims fell by 6,000 last week, the Labor Department said Thursday.

April 1, 2010
Business

DOT, EPA Enact New Auto Fuel Efficiency Standards

The heads of the Department of Transportation and Environmental Protection Agency signed final rules Thursday requiring 2016 model-year vehicles to meet fuel efficiency targets of 35.5 miles per gallon combined for cars and light trucks.

April 1, 2010
BusinessSafetyAutonomous

Opinion: Rethinking ‘Deny, Delay, Defend’

As the ongoing storm hovers over the trucking industry, some carriers are so busy hunkering down that they have forgotten to look for the silver lining in those clouds, but that doesn’t mean it isn’t there.

April 1, 2010
BusinessSafetyGovernmentAutonomous

ATA’s Bob Costello Appointed To Transportation Council

Bob Costello, American Trucking Associations’ chief economist, has been appointed by Transportation Secretary Ray LaHood to the Advisory Council on Transportation Statistics.

March 31, 2010