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

Expect a Very Short-Term Extension on Highway Funding, ATA Official Says

WASHINGTON — The transportation community should be ready to “expect a very short-term extension” to keep highway programs funded after funding authority expires at the end of May, American Trucking Associations Senior Vice President Chris Spear told reporters April 23.

Eugene Mulero | Senior Reporter
April 23, 2015

QuickBooks for Trucking: Connecting QuickBooks to Your TMS

Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.

Business

Con-way Freight’s Buffalo Workers Vote Against Teamsters Union Representation

Employees at Con-way Freight’s Buffalo, New York, facility voted to reject representation by the Teamsters union, the company said.

Michael G. Malloy | Web Editor
April 23, 2015
Business, Technology

Dossier Plans to Expand Integrations, Provide More Options for Its Fleet-Maintenance Software

BALTIMORE — Dossier Systems is working to expand partnerships with outside technology vendors while continuing to develop new ways for customers to interact with its fleet-maintenance software, company executives said here at the Dossier Users Group Summit.

Seth Clevenger | Managing Editor, Features and Multimedia
April 23, 2015
Business

Ritchie Bros. Plans Largest Canadian Auction April 28-May 1

Ritchie Bros. Auctioneers is set to hold its largest Canadian auction next week, and the downturn in the energy sector is playing a significant role in adding equipment to the auction block, according to Ritchie and Canadian industry officials.

Michael G. Malloy | Web Editor
April 23, 2015
Business

April 23 Earnings Roundup: Covenant, Landstar, Hub Group,TransForce, Mullen

Truckload operators Covenant Transportation Group Inc. and Landstar System Inc. reported improved first-quarter results, while third-party logistics provider Hub Group Inc.’s earnings declined.

April 23, 2015
Government, Business

FMCSA Seeks Public Comment on 'Beyond Compliance' Initiative

The Federal Motor Carrier Safety Administration has issued a request for public comment on its exploratory initiative to find ways to reward carriers who deploy safety technologies or implement safety programs that exceed regulatory requirements.

Eric Miller | Senior Reporter
April 23, 2015
Business, Logistics

West Coast Port Gridlock Hampers Union Pacific Earnings

Union Pacific Corp., the largest U.S. railroad, posted first-quarter profit and sales below estimates as West Coast port congestion and slack coal demand caused carloads to decline.

Thomas Black | Bloomberg News
April 23, 2015
Business

Truckers Against Trafficking Receives Congressional Award

Truckers Against Trafficking has been honored by a group of federal lawmakers for its work in rescuing young women from human trafficking networks in which they are sexually exploited.

Michele Fuetsch | Staff Reporter
April 23, 2015
Business

Sales of New Homes Slumped in March from Seven-Year High

Purchases of new homes slumped more than forecast in March from a seven-year high, a sign progress in the industry will be halting.

April 23, 2015
Business

Jobless Claims Hold Below 300,000 for Seventh Week

Applications for U.S. unemployment benefits held below 300,000 for the seventh straight week, pointing to a rebound in payrolls after hiring eased last month.

April 23, 2015