U.S. economic activity continued to improve between October and mid-November, and demand for transportation services increased in many areas, the Federal Reserve said.
December 2, 2010Trucking 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.
Fed Reports Improving Transportation Demand in Many Areas
Jobless Claims Jump 26,000 for Week
Initial jobless claims rose by 26,000 last week, the Labor Department said Thursday.
December 2, 2010Vitran Sells Truckload Unit Frontier Transport
Vitran Corp. said it sold truckload carrier Frontier Transport Corp. to Online Transport, an Indianapolis-based carrier, for about $5 million.
December 1, 2010ISM Manufacturing Index Shows Continued Expansion
U.S. manufacturing activity slipped slightly in November but showed continued expansion for the 16th straight month, the Institute for Supply Management said Wednesday.
December 1, 2010Construction Spending Rises 0.7% in October
Construction spending rose 0.7% in October, the Commerce Department said.
December 1, 20103Q Productivity Revised Upward to 2.3%
U.S. workers’ productivity rose at a 2.3% annual rate in the third quarter, higher than previously estimated, the Labor Department said Wednesday.
December 1, 2010Companies Add More Jobs Than Forecast, ADP Says
U.S. companies boosted payrolls by the most in three years in November, propelled by increased hiring at small businesses, according to a private report released Wednesday.
December 1, 2010CARB May Be Flexible on Reefer Retrofits
California environmental regulators have pledged to cut truckers some slack early next year while enforcing the state’s amended transport refrigeration unit rule that will require all refrigerated trucks and trailers be equipped with low emission TRU retrofits or engines on their 2003 trucks and trailers by Dec. 31.
November 30, 2010Tolling Close on Washington State Bridge
When tolling starts sometime this spring on the State Route 520 Bridge across Lake Washington west from Seattle, trucks could pay from $2.40 to $14.50 each way to cross.
November 30, 2010Idaho Panel Falls Short of Road-Funding Recommendations
A task force formed to address Idaho’s transportation funding shortfall has disbanded after 18 months of work without making any specific road-revenue-raising recommendations.
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