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

Number of Fleets Using PrePass Passes 40,000

HELP Inc. announced that the number of qualified fleet customers using its PrePass bypass solution has passed the 40,000 mark as of Dec. 2.

December 3, 2014

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

UTi Denies Reported Talks of Advanced Sale

UTi Worldwide Inc., the U.S. logistics firm whose biggest shareholder is hedge fund P2 Capital Partners, has denied a report by Bloomberg News that it is in advanced talks to sell itself to DSV A/S, the Nordic region’s biggest trucking company.

December 3, 2014
Business

ATA Pledges Members Will Hire 100,000 Veterans Over Two Years

American Trucking Associations pledged that its members will hire 100,000 military veterans over the next two years.

Michele Fuetsch | Staff Reporter
December 2, 2014
Government, Business

NHTSA Nominee Mark Rosekind to Address Senate Panel Dec. 3

Mark Rosekind, the administration’s choice to lead the National Highway Traffic Safety Administration, is scheduled to appear before a key Senate panel Dec. 3.

Eugene Mulero | Senior Reporter
December 2, 2014
Government, Fuel, Business

Rep. Petri Supports Bill That Would Raise Fuel Taxes

Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nation’s transportation system.

Michele Fuetsch | Staff Reporter
December 2, 2014
Business

Former UPS Driver Presses Rights of Pregnant Workers in Supreme Court Case

A former United Parcel Service Inc. driver is pressing what may become the most significant case in decades on the rights of pregnant workers as she asks the U.S. Supreme Court to expand protection for millions of women.

December 2, 2014
Business, Technology

Trimble Acquires Rail Technology Firm

Trimble, the parent of several major suppliers of technology to the North American trucking industry, has acquired a rail technology firm. Terms were not disclosed.

December 2, 2014
Business

Ruan Promotes McLean to CEO

Ruan Transportation Management Systems has promoted Ben McLean to CEO from chief operating officer, succeeding Steve Chapman.

December 2, 2014
Business

Construction Spending Rises 1.1%

Construction spending rose 1.1% in October, the Commerce Department reported Dec. 2.

December 2, 2014
Business, Fuel

Diesel Falls 2.3¢ After Plunge in Crude Oil Prices

Diesel’s national average pump price declined 2.3 cents to $3.605 a gallon, the Department of Energy reported Dec. 1, after last week’s plunge in oil prices to a five-year low.

Michael G. Malloy | Web Editor
December 2, 2014