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

Weekly Jobless Claims Decline as Job Market Improves

Fewer Americans than forecast filed jobless claims last week, hovering around levels that are typically associated with an improving job market.

Nina Glinski | Bloomberg News
February 5, 2015

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business, Equipment

Former Arrow CEO Doug Pielsticker Pleads Guilty to Tax Evasion, Fraud

Former Arrow Trucking Co. CEO Doug Pielsticker pleaded guilty to federal tax evasion and fraud charges in a Tulsa, Oklahoma, courtroom on Feb. 4.

Eric Miller | Senior Reporter
February 4, 2015
Government, Business, Safety, Fuel, Technology, Equipment

Blumenauer Bill Would Raise Fuel Taxes; ATA’s Graves Touts Approach

Rep. Earl Blumenauer, a member of the tax-writing House Ways and Means Committee, held a press conference Feb. 4 to announce he has reintroduced the bill he put forth last year that would increase fuel taxes to pay for upgrading the nation’s aging transportation system.

February 4, 2015
Government, Business, Safety

Virginia Tech Chosen to Lead FMCSA Restart Study

Virginia Tech’s Transportation Institute has been chosen to conduct the federal government’s study on the 34-hour restart rule.

Michele Fuetsch | Staff Reporter
February 4, 2015
Business

Feb. 4 Earnings Roundup: ArcBest, Con-way, Forward Air, Hub Group, Roadrunner, Wabash, XPO

Four more trucking businesses reported fourth-quarter results, including earnings that more than doubled at Con-way Inc., and increases of 41% at ArcBest Corp. and 10% at Roadrunner Transportation Systems.

February 4, 2015
Business

Andreas Renschler Begins Post as VW Trucks Chief

Andreas Renschler officially took over as head of Volkswagen’s truck division on Feb. 1, and he will spearhead a growth effort that could include an acquisition in the United States.

February 4, 2015
Business

John Arndt Jr., Longtime Navistar Employee, Dies at 74

John C. Arndt Jr., who for decades worked for Navistar Corp. and Penske Leasing as well as his own firm, died Jan. 12 at his home in St. Charles, Illinois. He was 74.

February 4, 2015
Business

Navistar Sets Focus on ‘Uptime’ for Customers’ Trucks

Navistar Inc. said it was planning a new mission with a focus on maximizing uptime and keeping customers’ trucks on the road.

February 4, 2015
Government, Business, Fuel

Senate Bill Would Provide Tax Equity For LNG

Republican and Democratic senators have reintroduced their bill to create tax equity for carriers that use liquefied natural gas.

Michele Fuetsch | Staff Reporter
February 4, 2015
Business, Government, Autonomous

Mark Gagnon Named Board Chairman of Connecticut Trucking Group

Mark Gagnon, president of Capitol Moving and Storage of South Windsor, Connecticut, was recently installed as the chairman of the board of the Motor Transport Association of Connecticut.

Michele Fuetsch | Staff Reporter
February 4, 2015