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

Quality Distribution Reports 4Q Profit

Bulk carrier Quality Distribution Inc. reported a fourth-quarter profit of $2.6 million, reversing a $22.8 million loss in the same period a year earlier.

February 26, 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.

Government, Business

Rep. Peter DeFazio Favors Passing Temporary Funding Bill in March

WASHINGTON — Rep. Peter DeFazio of Oregon, the ranking Democrat on the House Transportation and Infrastructure Committee, said he believes Congress cannot deliver a new transportation funding bill by the end of May and should pass a temporary funding extension as soon as possible.

Michele Fuetsch | Staff Reporter
February 26, 2015
Business, Logistics

January Trailer Orders Rise 18% to Near 30,000

New trailer orders rose 18% in January from a year ago to 29,853 units, ACT Research reported.

Michael G. Malloy | Web Editor
February 26, 2015
Business

Canadian National, Union Reach Tentative Labor Agreement

Canadian National Railway and the Unifor union said they have negotiated a tentative labor agreement, averting a lockout of 4,800 workers.

February 26, 2015
Business, Technology

Durable Goods Orders Rise for First Time in Three Months

Orders for durable goods rose in January for the first time in three months, showing manufacturing may be starting to stabilize as companies look beyond weaker global markets and cutbacks among energy producers.

Michelle Jamrisko | Bloomberg News
February 26, 2015
Business

Jobless Claims Jump by Most Since December 2013

The number of Americans filing for unemployment benefits jumped by the most since December 2013 last week from a week earlier, a sign of uneven progress in the labor market.

February 26, 2015
Business

Volvo Seeking Entrants for Fleet Safety Awards

Volvo Trucks said it is accepting entrants for its annual safety awards, which recognize fleets for their safe-driving records and safety programs.

February 26, 2015
Business

Daimler Trucks Sees ‘Significant Profit’ for 2015

Daimler Trucks said it expects “significant profit” in 2015 and projects a 10% increase in its North American heavy- and medium-duty truck sales.

Michael G. Malloy | Web Editor
February 25, 2015
Business, Logistics

Intermodal Rail Volume Drops 15.7%

U.S. rail intermodal traffic fell for the third straight week, declining 15.7% in the week ended Feb. 21 compared with the same week last year, the Association of American Railroads reported.

February 25, 2015
Business

DTNA Sued for $9.5 Million in Discrimination Complaint

Two current and two former African-American employees of Daimler Trucks North America have filed a $9.5 million suit against the truck maker, saying they suffered job discrimination, threats of violence and harassment.

Michele Fuetsch | Staff Reporter
February 25, 2015