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

N.Y.-N.J. Chassis Pool Plan To Advance, Official Says

FORT LAUDERDALE, Fla. – A long-term solution to chassis woes at the Port of New York-New Jersey could come closer this week when a task force aimed at reducing truckers’ equipment troubles votes to approve a portwide pool, a top shipping official said.

Rip Watson | Special to Transport Topics
November 18, 2014

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business, Fuel

Halliburton, Baker Hughes Combine Operations

Two of the nation’s largest oil field service companies, Halliburton Co. and Baker Hughes Inc., agreed to combine operations, a move that company officials said will save an estimated $2 billion a year in expenses.

Daniel P. Bearth | Staff Writer
November 18, 2014
Business

Container Traffic Rises at L.A. Port as Congestion Issues Continue

Container traffic at the Port of Los Angeles increased in October as the port works to resolve congestion issues.

November 18, 2014
Government, Business

WSTA’s Hicks Calls on Congress to Pass Long-Term Highway Bill

ALBUQUERQUE, N.M. — At his group’s fall meeting, Western States Transportation Alliance Executive Director R.J. Hicks called on federal lawmakers to pass a long-term highway bill that gives states better financial guidance for planning infrastructure projects.

Eugene Mulero | Senior Reporter
November 17, 2014
Business, Fuel

Two Trucking Firms Allege Haslam at Center of Rebate Conspiracy

Two trucking companies alleged in a legal filing last week that Pilot Flying J CEO Jimmy Haslam was at the center of a conspiracy to shortchange them of diesel fuel rebates.

Eric Miller | Senior Reporter
November 17, 2014
Business

Dana Expands Warranty Plans for Linehaul Applications

Truck component maker Dana Holding Corp. said it has broadened its extended warranty plans for drive axles used in on-highway linehaul applications in the United States and Canada.

Seth Clevenger | Editor, Features and Multimedia
November 17, 2014
Business

Industrial Output Falls in October

Industrial production in the U.S. dropped in October, weighed down by declines at utilities, mines and automakers that signal manufacturing started the fourth quarter on soft footing.

November 17, 2014
Business

Volvo Said to Near Deal to Deliver Packages to Parked Cars

Working households may soon have an alternative to the modern dilemma of how to take delivery of stuff ordered online: have it dropped off in your car.

November 17, 2014
Business

Nussbaum Raises Driver Pay 6%

Nussbaum Transportation has increased driver pay 6% for over-the-road drivers, effective in January.

November 17, 2014
Business

Manufacturing Activity in New York Area Rises

Manufacturing activity in the New York region increased in November, the Federal Reserve Bank of New York said.

November 17, 2014