U.S. payrolls fell by 80,000 last month in a third straight downturn, and the unemployment rate rose to 5.1% from 4.8%, the Labor Department said Friday.
April 4, 2008Trucking 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.
Biodiesel Quality Improves, But Concerns Remain
The Department of Energy this week released the results of its 2007 biodiesel quality survey that showed improvements in biodiesel quality, but said 10% of the biodiesel produced in the United States still fails to meet certain quality specifications.
April 4, 2008N.Y. Lawmakers Likely to Decide on City’s Congestion Plan Monday
The New York State Assembly is not likely to make a decision on a congestion-fee plan for cars and trucks in New York City until a key deadline Monday, the New York Post reported Friday.
April 4, 2008Intermodal Traffic Drops 2.7% for Week
Rail intermodal traffic fell 2.7% for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
April 3, 2008ISM Services Index Improves, but Shows Contraction
The U.S. economy’s service showed continued contraction in March, but improved from February, the Institute for Supply Management said Thursday.
April 3, 2008Initial Jobless Claims Jump by 38,000 for Week
Initial jobless claims jumped by 38,000 last week, the Labor Department said Thursday.
April 3, 2008Corzine May Sue NYC Over Congestion-Fee Plan
New Jersey Gov. Jon Corzine (D) may sue New York City over a planned congestion-fee program for central Manhattan, but the program is facing doubts from lawmakers in the New York State Assembly, the New York Post reported Thursday.
April 3, 2008Menlo Boosts Use of SmartWay-Approved Carriers
Menlo Worldwide Logistics, a subsidiary of Con-way Inc., said Thursday it is increasing its use of carriers approved by the U.S. Environmental Protection Agency’s SmartWay program.
April 3, 2008California, 17 States Sue EPA on Greenhouse Gas Data
California and 17 other states have sued the U.S. Environmental Protection Agency, seeking the release of a court-mandated determination that greenhouse gases endanger public health or welfare, Bloomberg reported Wednesday.
April 3, 2008Arrow Trucking to Replace Fleet with New Freightliners
Flatbed carrier Arrow Trucking Co. has entered into a financing agreement with DaimlerChrysler Truck Financial under which it will replace its 1,400-truck fleet over five years, the Tulsa World newspaper reported Thursday.
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