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, Logistics

Florida Railway Paints Train Pink for Breast Cancer Awareness

Florida East Coast Railway is sponsoring the Susan G. Komen North Florida 20th Race for the Cure and painted two of its trains pink to support the cause.

October 10, 2014

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Business

Retailers Seek Port Labor Accord to Avoid Holiday Delays

The National Retail Federation urged workers and management of West Coast ports to reach a new labor agreement and avoid delaying holiday shipments.

October 10, 2014
Business

Import Prices Decline for Third Month

The price of imported goods dropped for the third consecutive month in September, the Labor Department reported Oct. 10.

October 10, 2014
Business, Logistics

Intermodal Rail Traffic Rises 3.7% for Week

U.S. rail intermodal traffic increased 3.7% in the week ended Oct. 4 compared with the same week last year, the Association of American Railroads reported.

October 10, 2014
Business, Logistics

Federal Maritime Commission Clears Ocean Carrier Alliance

The Federal Maritime Commission has cleared the planned vessel alliance of Maersk Line and Mediterranean Shipping Co., the two largest ocean carriers.

October 9, 2014
Business

Cass Freight Index Rises Little in September

The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, rose in September and expenditures increased, Cass Information Systems said.

October 9, 2014
Business, Logistics

$1 Billion Policy Created to Cover Rail Catastrophes

American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped by trains.

October 9, 2014
Business, Fuel

Natural-Gas Advocacy Group Names New President

Matthew Godlewski has been named the new president of the advocacy group Natural Gas Vehicles for America. He will start Oct. 20.

Michele Fuetsch | Staff Reporter
October 9, 2014
Business, Government

Wholesale Inventories Rise by Most in Four Months

Wholesale inventories rose 0.7% in August, the largest increase in four months, after rising 0.1% the prior month, the Commerce Department reported Oct. 9.

October 9, 2014
Business, Logistics

Surface Transportation Board Demands More Detailed Rail Service Reports

The Surface Transportation Board said it is ordering all major freight railroads to submit more detailed service reports starting later this month in the wake of ongoing delays.

October 9, 2014