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

Personal Spending Rises 0.1%

Consumer personal spending rose 0.1% in November for a second straight month, the Commerce Department said.

December 27, 2011
Business

Durable Goods Orders Rise by Most in Four Months

Durable goods orders rose by the most in four months in November, Commerce Department reported.

December 27, 2011
Government, Business, Safety, Autonomous

Special Report: DOT Releases Revised Hours-of-Service Rule

DOT released its long-awaited final hours-of-service rule Thursday, leaving in place an 11-hour daily driving limit while cutting drivers' weekly hours. The rule was not well-received by trucking and shippers' groups.

December 22, 2011
Business

DOT Keeps 11-Hour Limit for Truck Drivers in Updated Hours-of-Service Rule

The Department of Transportation released its final hours-of-service rule Thursday, holding truck drivers’ daily driving limit at 11 hours while setting restrictions on drivers’ weekly hours.

December 22, 2011
Business

First Reaction to HOS Rule Is Largely Negative from Trucking, Shippers

Trucking and shippers groups reacted swiftly and negatively to the Department of Transportation’s final hours-of-service rule, citing the potential for more congestion and saying it will not improve highway safety.

December 22, 2011
Business

TTNews.com to Be Closed for Christmas

Transport Topics Online will be closed Friday and Monday for the Christmas holiday. Please check back on Tuesday, Dec. 27, for the latest trucking and freight transportation news.

December 22, 2011
Business, Logistics

Intermodal Traffic Rises 6% for Week

U.S. intermodal traffic increased 6% for the week ended Saturday from a year ago, the Association of American Railroads said.

December 22, 2011
Government, Business

Leading Economic Indicators Rise Again

An index of leading economic indicators rose in November, the New York-based Conference Board said Thursday.

December 22, 2011
Business

Consumer Confidence Hits Six-Month High

Consumer confidence rose this month to a six-month high, according to the Thomson Reuters/University of Michigan consumer sentiment index released Thursday.

December 22, 2011
Business

Jobless Claims Fall to Lowest in More than Three Years

Initial jobless claims fell last week to the lowest level since April 2008, the Labor Department said Thursday.

December 22, 2011