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.

Government, Business

Sen. Jeanne Shaheen: D.C. Roads Feel Like a ‘Third World Country’

Sen. Jeanne Shaheen (D-N.H.) borrowed a page from the Joe Biden playbook May 22 by equating an aspect of American infrastructure to that of a Third World country to draw attention to the country’s aging transportation system.

Eugene Mulero | Senior Reporter
May 22, 2015

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Business

Landstar Appoints New Chairman, Sets Stock Buyback

Landstar System said May 22 that Diana Murphy has been named nonexecutive chairman of the board, effective May 19, and that it raised to 3 million the amount of its stock shares it intends to purchase.

May 22, 2015
Business

Old Dominion Promotes Greg Gantt to President

Old Dominion Freight Line announced several management changes, including the promotion of Greg Gantt to president.

May 22, 2015
Business, Technology

CarrierWeb Appoints James Gamache President

Trucking technology supplier CarrierWeb has appointed James Gamache president of U.S. operations.

May 22, 2015
Business

Volvo’s North American Deliveries Rise 18%

Volvo Group’s North American truck deliveries rose 18% in April from a year ago, the company said.

May 22, 2015
Business

Core US Consumer Prices Rose in April by Most in Two Years

The cost of living excluding food and fuel rose at a faster pace than expected in April, indicating inflation is inching toward the Federal Reserve’s goal.

Michelle Jamrisko | Bloomberg News
May 22, 2015
Business

Navistar Opens New Proving Grounds in Indiana

Truck and engine maker Navistar Inc. has opened a new test site for its vehicles in New Carlisle, Indiana.

May 21, 2015
Business

Cass Truckload Index Rises 3.8% in April

The Cass Truckload Linehaul index, which measures truckload pricing, rose 3.8% year-over-year in April, St. Louis-based Cass Information Systems reported May 21.

May 21, 2015
Business

LEI Index Rises by Most in Nine Months

The index of U.S. leading economic indicators rose in April by the most in nine months, a sign of vitality in the world’s largest economy.

Nina Glinski | Bloomberg News
May 21, 2015
Business

Home Sales Drop 3.3% in April

A limited number of homes for sale and higher selling prices are making for one painstaking U.S. housing recovery.

Shobhana Chandra | Bloomberg News
May 21, 2015