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

Consumer Confidence Rises to Highest Since October 2007

Confidence among U.S. consumers soared in July to the highest level in almost seven years on the heels of a strengthening labor market.

July 29, 2014

Best Trucking Invoicing Software for Growing Carriers

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

Government, Business

Wyden: House Trust Fund Fix ‘Goes Too Far’ on Pension Smoothing

The chairman of the tax-writing Senate Finance Committee on July 28 criticized the primary source of funding for a House bill that would shore up the Highway Trust Fund, a day before the Senate is expected to vote on the legislation.

Eugene Mulero | Senior Reporter
July 28, 2014
Business

Navistar Starts ‘Diamond Renewed’ for Used Trucks

LISLE, Illinois – Navistar Inc. said it has launched a new program to enhance the value of its later-model used trucks.

Neil Abt | Editorial Director
July 28, 2014
Business

P.A.M Reports 2Q Profit

P.A.M. Transportation Services reported second-quarter net income of $4.95 million, or 62 cents per share, from $2.68 million, or 31 cents, the prior year.

July 28, 2014
Business

Pending Sales of Existing Homes Decline in June

The index of pending home sales declined 1.1 % in June after rising 6% in May, figures from the National Association of Realtors showed.

July 28, 2014
Business, Equipment

Cummins’ Second-Quarter Income Rises on Higher North America Sales

Engine maker Cummins Inc. said July 28 its second-quarter profit improved on higher North American sales.

July 28, 2014
Business, Logistics

Schneider Expands Intermodal Service to Include Mexico, Canada

Schneider said it has expanded its bulk intermodal trailer service to include new routes into Mexico and Canada.

July 28, 2014
Business

US Gasoline Prices Falling on Production, Lundberg Says

U.S. refineries are flexing their muscles and helping lower gasoline prices in the middle of the peak driving season.

July 28, 2014
Editorial, Business

Editorial: Kicking of the Can

Congress is poised to kick the can down the road, and a bumpy road it is. The can we’re talking about is long-term funding for transportation infrastructure, and the bumpy road, of course, is the state of the nation’s bridges and highways.

July 28, 2014
Business

June Tonnage Gains 2.3%

Truck tonnage rose 2.3% in June from last year, continuing a positive direction for freight that helped the year’s second quarter rise at a faster pace than the first quarter, American Trucking Associations said last week.

July 28, 2014