Trucking Business News

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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.

BusinessGovernment

Personal Spending Rises in October

Consumer personal spending and personal incomes both rose in October, the Commerce Department said Wednesday.

November 25, 2009
Business

Initial Jobless Claims Drop for Week

Initial jobless claims fell to their lowest level since September 2008 last week, the Labor Department said Wednesday.

November 25, 2009
BusinessGovernment

Durable Goods Orders Fall in October

Durable goods orders fell in October, the Commerce Department said Wednesday.

November 25, 2009
BusinessLogistics

Apollo Considers Going Public on NYSE

Apollo Management, the buyout firm that created Pacer International, Quality Distribution and CEVA Logistics, may soon go public, according to a report in the Financial Times newspaper, Bloomberg reported.

November 25, 2009
Business

TTNews to Close Thursday-Friday for Thanksgiving

Transport Topics Online will be closed Thursday and Friday for the Thanksgiving holiday.

November 24, 2009
GovernmentBusinessFuelSafety

Officials Cite Concerns on Vehicle-Miles Tax

WASHINGTON — Several lawmakers, Department of Transportation officials and experts have expressed concern with elements of a vehicle miles traveled tax, which some advocates tout as a replacement for the federal fuel tax, while also cautioning that a transition to VMT could be a slow process.

November 24, 2009
BusinessGovernment

Third-Quarter GDP Revised Downward to 2.8% from 3.5%

The U.S. economy expanded at a lower rate than previously reported in the third quarter, growing at a 2.8% annual rate versus the 3.5% reported last month, the Commerce Department said Tuesday.

November 24, 2009
BusinessGovernmentSafety

E&MU: Next-Gen Diesels Cut DPF Upkeep, Engine Makers Say

The ire of fleet managers who say diesel particulate filters are clogging with soot too quickly should be eased with the arrival of 2010 engines, according to some engine manufacturers.

November 24, 2009
BusinessLogisticsFuelGovernment

Diesel Dips 0.3¢ to $2.787 in Third Straight Decline

Diesel’s national average price fell for a third straight week, declining 0.3 cent to $2.787 a gallon, the Department of Energy said Monday.

November 23, 2009
BusinessSafety

October Truck Tonnage Falls 5.2%

U.S. truck tonnage fell 5.2% in October from the same month last year, the best year-to-year showing since November 2008, American Trucking Associations said Monday.

November 23, 2009