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.

BusinessFuel

Crude Oil Tumbles $2 a Barrel

Crude oil plunged more than $2 a barrel from a nine-month high on concern that rising interest rates may lead to slower growth in demand, Bloomberg reported Friday.

June 8, 2007
BusinessSafetyGovernmentLogistics

Letters to the Editor: Double Brokering, Gasoline Prices

I believe the Transportation Intermediaries Association should solve the problem of “double-brokering” before trying to convince regulators to allow third-party logistics providers to join the Customs-Trade Partnership Against Terrorism.

June 8, 2007
GovernmentBusinessSafety

New Passport Rules Temporarily Waived

The Bush administration Friday temporarily lifted a requirement that U.S. passports be used for citizens flying to and from Canada, Mexico, the Caribbean and Bermuda, the Associated Press reported.

June 8, 2007
BusinessAutonomous

N.Y. City Fees Plan Draws Praise

New York City, which is considering a plan to charge cars and trucks extra fees in downtown Manhattan, is one of nine finalists for a share of more than $1 billion in federal money to alleviate traffic in urban areas, the New York Times reported Friday.

June 8, 2007
BusinessSafety

Rail, Intermodal Fall for Week

Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, continuing a trend this year, the Association of American Railroads reported.

June 8, 2007
BusinessLogistics

Dynamex Reports Higher 1Q Earnings

Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier.

June 7, 2007