U.S. payrolls rose in September but the unemployment rose to 4.7% in September from 4.6% in August, the Labor Department said Friday.
October 5, 2007Trucking 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.
Court Agrees to 3-Month HOS-Rule Delay
The federal appeals court that struck down parts of the current driver hours-of-service rule has agreed to delay implementation of its decision for 90 days to give regulators time to address the problems the judges found.
October 8, 2007International Says UAW Taking 鈥楤reak鈥 from Talks
International Truck and Engine Corp. said Friday it has been notified by the United Auto Workers that the UAW will 鈥渢ake a break from bargaining鈥 in order to conduct a detailed examination of International's proposals.
October 5, 20073Q CEO Confidence Dips, Conference Board Says
A measure of chief executive officers鈥 confidence declined slightly in the third quarter from the second, the New York-based Conference Board said Friday.
October 5, 2007Rail Traffic Edges Up; Intermodal Traffic Drops
Overall rail traffic rose a notch, but intermodal levels fell from a year ago for the week ended Saturday, the Association of American Railroads said.
October 5, 2007Weber Buys 鈥楨nvironmentally Friendly鈥 Reefer Trailers
Weber Distribution, Santa Fe Springs, Calif., said it has purchased a new fleet of 150 鈥渆nvironmentally friendly鈥 refrigerated trailers.
October 5, 2007IMCC Opposes SoCal Ports鈥 Clean Truck Program
A group representing intermodal carriers has expressed its opposition to the Ports of Los Angeles and Long Beach clean truck program, which the ports predict will increase drayage rates by 80%.
October 4, 2007Knight Eliminates President Position
Truckload carrier Knight Transportation said its president, Tim Kohl, is leaving the company and his position is being eliminated, Bloomberg reported.
October 4, 2007ArvinMeritor Trims Earnings Estimate
Heavy-duty component maker ArvinMeritor said fiscal fourth-quarter earnings may be less than previously forecast by as much as 40 cents a share because of a sluggish economy and charges related to suppliers, Bloomberg reported.
October 4, 2007Jobless Claims Gain for Week
Initial jobless claims rose by 16,000 last week, the Labor Department said Thursday.
October 4, 2007Trending
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