Trucking Business News

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

Payrolls Fall by 80,000; Unemployment Rate Rises to 5.1%

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, 2008
Business, Fuel, Government

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, 2008
Business, Government

N.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, 2008
Business, Safety

Intermodal 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, 2008
Business, Safety, Government

ISM 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, 2008
Business

Initial Jobless Claims Jump by 38,000 for Week

Initial jobless claims jumped by 38,000 last week, the Labor Department said Thursday.

April 3, 2008
Government, Business

Corzine 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, 2008
Government, Business, Safety, Logistics

Menlo 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, 2008
Government, Business

California, 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, 2008
Business, Equipment

Arrow 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.

April 3, 2008