Business

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, Technology

Omnitracs Offers Professional Services Suite

Omnitracs said it is offering a compilation of tools, resources and services designed to help fleet customers make fuller use of its technology products.

Seth Clevenger | Managing Editor, Features and Multimedia
September 3, 2015
Business

Shrinking US Trade Gap Shows Economy's Underlying Strength

The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown.

Lucia Mutikani | Reuters
September 3, 2015
Business, Government, Logistics

Consumer Comfort Eases as Attitudes on Economy Falter

Consumer confidence in the United States eased last week, with Americans becoming more pessimistic about the state of the economy as global financial markets turned south.

September 3, 2015
Business

Jobless Claims Rise to 8-Week High

Filings for U.S. unemployment benefits rose more than forecast to an eight-week high, representing a pause in a trend of more muted firings.

Michelle Jamrisko | Bloomberg News
September 3, 2015
Government, Business, Safety, Logistics

Foxx, Hoffa, Barbour to Talk Infrastructure at Press Club on Sept. 9

The need to fund infrastructure projects nationwide will be discussed at the National Press Club on Sept. 9 during a panel featuring Transportation Secretary Anthony Foxx, Teamsters President James Hoffa and former Mississippi Gov. Haley Barbour (R).

Eugene Mulero | Senior Reporter
September 3, 2015
Government, Business

FRA Offers Grants for Grade-Crossing Safety Features

The Federal Railroad Administration is soliciting applications for $10 million in competitive grants available to states to improve highway-rail grade crossings and track along routes that transport energy products such as crude oil and ethanol.

September 2, 2015
Government, Business

Sen. Barbara Boxer: Congress Will Get Three-Year Highway Bill Done

The top Democrat on the Senate’s transportation panel is predicting that Congress will approve a three-year highway bill, possibly as early as this fall.

Eugene Mulero | Senior Reporter
September 2, 2015
Business

Eaton Names Pattada President of North American Vehicle Group

Truck component maker Eaton Corp. has appointed Pavan Pattada president of its Vehicle Group in North America.

September 2, 2015
Business

First Commercial Tire Retread Facility Opens In Western Canada

Continental Tire and Quality Tire Service, the largest independent tire dealer in Saskatchewan, said they have opened the first commercial tire retread facility in western Canada.

September 2, 2015
Business

Schank Stepping Down From Post at Eno Center for Transportation

Eno Center for Transportation President Joshua Schank announced  Sept. 2 that he will be leaving his post next month and taking on an unnamed “exciting new public sector opportunity.”

Eric Miller | Senior Reporter
September 2, 2015