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

Fiat Chrysler Quarterly Profit Rises on Ram, Jeep Demand

Fiat Chrysler Automobiles reported profit that missed analysts’ estimates as costs for recalling faulty vehicles blunted the benefits from a stronger dollar and sales of Ram pickups and Jeep SUVs in the U.S.

Mark Clothier | Bloomberg News
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Tommaso Ebhardt | Bloomberg News
January 28, 2015

Best Carrier TMS Software in 2024: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

Business

SAF-Holland Unveils Aftermarket Parts Electronic Catalog

LAS VEGAS — SAF-Holland, a manufacturer whose products include suspensions and fifth wheels, introduced its aftermarket parts on demand electronic catalog.

Neil Abt | Editorial Director
January 28, 2015
Business, Logistics

Trailer Orders Jump to Record Level in 2014

New trailer orders jumped in December to the second-highest level on record, rounding out the trailer industry’s best year for order placement, according to ACT Research.

January 28, 2015
Business, Fuel

Gasoline Price Breaks Unprecedented 123-Day Losing Streak With Half-Penny Rise

Just when the U.S. was pennies away from reaching $2 a gallon at the pump, prices rebounded.

Lynn Doan | Bloomberg News
January 28, 2015
Government, Business, Safety, Logistics

Nev. DOT Hires Consultant for Freight Plan; State Sees Logistics as Economic Development Tool

Nevada’s Department of Transportation commissioned consulting firm Michael Gallis & Associates to prepare a freight plan that could help the state enlarge and diversify its economy.

Jonathan S. Reiskin | Associate News Editor
January 27, 2015
Government, Business, Safety

Sen. Sanders Introduces $1 Trillion Infrastructure Bill

Sen. Bernie Sanders (I-Vt.), ranking member of the Senate Budget Committee, is proposing legislation that would authorize $1 trillion in spending over the next five years to fund transportation projects around the country.

Eugene Mulero | Senior Reporter
January 27, 2015
Government, Business, Safety, Autonomous

Improvements to Trucking, Freight Corridors a Top Priority This Year, Shuster Says

Rep. Bill Shuster, the top transportation policy writer in the House, said modernizing freight corridors to help trucks and other modes of transportation improve the way they deliver goods will be a main focus of his committee this year.

Eugene Mulero | Senior Reporter
January 27, 2015
Business, Fuel

Diesel Drops 6.7¢ to $2.866 a Gallon

Diesel’s average pump price fell 6.7 cents to $2.866 a gallon, continuing its seven-month downward trend, the Department of Energy reported.

Michael G. Malloy | Web Editor
January 27, 2015
Business, Technology, Autonomous

UPS, Google’s Schmidt Invest in Uber-Type Delivery Startup

Google Inc. chairman Eric Schmidt and UPS Inc. have invested in Roadie Inc., a service that links people who want packages shipped with people willing to drive them.

Michael Sasso | Bloomberg News
January 27, 2015
Business, Safety, Government, Logistics

TSE Changes Name to Redwood Logistics

Transportation Solutions Enterprises, a Chicago-based company that provides a variety of transportation services, has changed its name to Redwood Logistics.

January 27, 2015