American Trucking Associations’ Share the Road safety program tractor-trailer rode into Lake George, N.Y., last week for a three-day safety demonstration to motorcycle riders.
June 12, 2008Trucking 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.
Volkswagen Gets EU Approval to Buy Scania
Volkswagen AG has gained antitrust approval from European regulators to buy a controlling stake in Swedish truck and bus maker Scania AB, Bloomberg reported Friday.
June 13, 2008CPI Rises 0.2% in May
The consumer price index rose 0.6% in may, the Labor Department said Friday.
June 13, 2008Consumer Confidence Falls to 28-Year Low
U.S. consumer confidence fell to a 28-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
June 13, 2008Rail, Intermodal Traffic Decline
Rail and intermodal traffic fell for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
June 12, 2008Retail Sales Jump 1% in May
Retail sales jumped 1% in May, the Commerce Department said Thursday.
June 12, 2008Jobless Claims Jump 25,000 for Week
Initial jobless claims jumped 25,000 last week, the Labor Department said Thursday.
June 12, 2008Share the Road Drivers Visit N.Y. Motorcycle Rally
Oil Jumps $5 to Top $136 a Barrel
Oil jumped $5 to more than $136 a barrel Wednesday following a Department of Energy report that showed crude inventories fell more than expected last week, Bloomberg reported.
June 11, 2008TWIC Contractor Under Fire for Leaving Callers on Hold
The call center run by the contractor responsible for overseeing the Transportation Worker Identification Credential program has delayed additional enrollments by leaving workers on hold for more than 20 minutes on average, the chairman of the House Committee on ºÚÁϳԹÏÍøland Security said.
June 11, 2008Fed Cites Economic Weakness, Trucking’s Concerns Over Fuel Prices
U.S. economic activity remained generally weak in late April and May, and some trucking companies reported having difficulty passing on high fuel costs to their customers, the Federal Reserve said Wednesday.
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