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, Fuel, Government

Diesel Price Falls 4.2¢ to $3.656; Gas Lowest Since January 2011

The U.S. diesel average fell 4.2 cents a gallon to $3.656 last week, its biggest decline in a year and a half, the Department of Energy reported Oct. 20.

October 27, 2014

Best Trucking Software 2024

For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.

Business, Fuel, Government, Autonomous

Resale Market for Used Natural-Gas Trucks Offers Fleets Lower-Priced Alt-Fuel Options

Buyers wary of paying a premium for brand-new alternative-fuel vehicles are lifting the nascent market for previously owned natural gas-powered trucks, industry experts said.

October 27, 2014
Business

Truckload Profits Grow in 3Q On Tight Capacity, Rate Hikes

Large truckload carriers generally reported strong third-quarter profit growth last week, driven by elevated demand for freight hauling, tight capacity and strong rate increases.

October 27, 2014
Business, Government

Voters to Decide on Setting Up Bank to Repair Louisiana’s Roads, Bridges

Louisiana will vote Nov. 4 on a constitutional amendment that backers said is necessary if the state is to create an infrastructure bank to finance road projects.

October 27, 2014
Business

Heartland’s Third-Quarter Earnings Rise

Heartland Express’ third-quarter profits climbed 43% from a year ago as freight demand remained strong.

Seth Clevenger | Managing Editor, Features and Multimedia
October 24, 2014
Business

Volvo’s Truck Division Posts Higher 3Q Results

Volvo AB’s truck division posted improved third-quarter financial results as North American truck deliveries increased from a year earlier.

Seth Clevenger | Managing Editor, Features and Multimedia
October 24, 2014
Business, Logistics

Trailer Orders Soar in September to Highest Level Since 2005

September trailer orders spiked 86.2% from a year earlier and soared to the highest level in nearly a decade, ACT Research reported.

Seth Clevenger | Managing Editor, Features and Multimedia
October 24, 2014
Business

Con-way Workers Vote Down Teamsters at Two of Three SoCal Locations

Workers at two of three Con-way Freight terminals in Southern California voted against joining the Teamsters union, while a third, in Los Angeles, voted narrowly in favor of representation, the company said.

Michael G. Malloy | Web Editor
October 24, 2014
Business

Ryder to Lease 100 Nat-Gas Trucks to Montreal-Based C.A.T.

Quebec-based Canadian American Transportation Inc. signed a lease agreement with Ryder System Inc. for 100 compressed natural gas sleeper tractors in what Ryder said was its largest natural-gas deal to date in North America.

Michael G. Malloy | Web Editor
October 24, 2014
Business

New Home Sales Were Little Changed in September

Purchases of new houses in the U.S. rose in September, and revisions showed the magnitude of the unfolding recovery was more modest.

October 24, 2014