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

Housing Starts Decline 10% in May

Housing starts fell in May following the expiration in April of a home sales tax credit, the Commerce Department said Wednesday.

June 16, 2010
Business

Producer Price Index Drops 0.3%

Prices paid to U.S. producers decreased 0.3% in May, the Labor Department said Wednesday.

June 16, 2010
Government, Business

Construction Firms Lose $23 Billion from Congestion, AGC Finds

U.S. construction firms are facing an estimated $23 billion a year in additional costs due to traffic congestion, according to a survey released by the Associated General Contractors of America.

June 16, 2010
Business

Scania Expands Dealerships in Iraq

Swedish truck maker Scania AB opened its second dealership in Iraq and seeks to start another one this year as the country’s reconstruction spurs demand, Bloomberg reported.

June 16, 2010
Government, Business

Senators Introduce Bill to Curb Broker Fraud

A pair of Senators introduced legislation Tuesday aimed at curbing the fraud by unscrupulous freight brokers.

June 15, 2010
Business

Arizona Hopes Dust Storms Shutting I-40 Have Ended

Arizona transportation and public safety officials said they hope whatever caused severe dust storms that closed a stretch of Interstate 40 at least 10 times in the past two months has run its course.

June 15, 2010
Business

Groups Concerned About Ariz.’s Rest Area Commercialization

A coalition of truck stops, restaurant franchises and other businesses have expressed opposition to Arizona’s proposal to stem budgetary shortfalls by commercializing the state’s interstate rest areas.

June 15, 2010
Government, Business, Fuel, Autonomous

Port of Long Beach Reports Fewer Emissions

Air pollution at the Port of Long Beach, Calif., declined in 2009 for the third consecutive year, and diesel particulate matter has fallen more than 50% since 2005, in part because of the port’s clean truck program, port officials said

June 15, 2010
Business

New York ‘Empire State’ Manufacturing Index Improves

Manufacturing activity in the New York region improved this month, showing positive activity for the 11th straight month, the Federal Reserve Bank of New York said Tuesday.

June 15, 2010
Business

Import Prices Fall 0.6% in May

The price of goods imported to the United States fell 0.6% in May as oil prices declined, the Labor Department said Tuesday.

June 15, 2010