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

Retail Sales Unchanged in Slow Start to Third Quarter

Retail sales were little changed in July, the worst performance in six months, as tepid wage growth restrained U.S. consumers.

August 13, 2014

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business

Volvo Trucks Opens Customer Test Track at Va. Plant

Volvo Trucks has opened a 1.1-mile customer experience test track at its New River Valley, Virginia, manufacturing facility.

August 12, 2014
Business, Fuel

DOE Lowers Diesel-Price Forecast

Diesel will average $3.83 a gallon in the second half of this year, slightly lower than its current pump price, the Department of Energy said Aug. 12.

Michael G. Malloy | Web Editor
August 12, 2014
Business

NTDC: Competition Breeds Better Drivers, Safety Directors Say

If anyone is measuring the enthusiasm in the viewing stands this week at the National Truck Driving Championships in Pittsburgh, some of the loudest cheering probably will be from the safety directors working at carriers large and small.

Michele Fuetsch | Staff Reporter
August 12, 2014
Business

ATA Gives $100,000 to Trucking Moves America Forward

American Trucking Associations said Aug. 12 it is donating $100,000 to the Trucking Moves America Forward campaign that offers public education on the industry as well as briefings for government policymakers.

August 12, 2014
Business

Survey Asks Trucking Industry to Identify Top Concerns

The American Transportation Research Institute (ATRI) has released its 10th annual survey and is asking trucking stakeholders to rank the top issues of concern for the industry.

August 12, 2014
Business

Con-way Truckload Enhances Driver Pay Package

Con-way Truckload said it is raising per-mile pay for drivers as well as increasing layover pay and adding a new incentive program.

August 12, 2014
Business, Fuel

Diesel, Gasoline Each Dip a Penny

The national average price of retail diesel fuel dipped 1 cent to $3.843 a gallon, the Department of Energy reported Aug. 11.

Michael G. Malloy | Web Editor
August 12, 2014
Business, Government, Logistics

Import Volume Expected to Hit Record High in August

Import volume at U.S. container ports is expected to hit an all-time high in August as retailers rush to bring in holiday merchandise on concerns about West Coast longshoremen’s contract negotiations, according to the National Retail Federation.

August 12, 2014
Business, Equipment

Cummins Sets Goal of 500 Engines a Day at Jamestown Plant

Independent engine maker Cummins Inc. is boosting its annual rate of investment in its 40-year-old Jamestown Engine Plant here by more than 50%, with the goal of hitting 500 engines a day, most of them ISX15s.

Jonathan S. Reiskin | Associate News Editor
August 11, 2014