Business
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.
Consumer Sentiment Plunges by Most in Two Years
Consumer confidence unexpectedly fell in May by the most in more than two years as Americans’ views on the economy dimmed.
May 15, 2015Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
Factory Output Stalls in April on Machinery Cutbacks
Factory production stalled in April, as American manufacturers were dealt blows by a strong dollar and cheap oil.
May 15, 2015Transportation Experts Debate Proposals for Keeping Highway Trust Fund Solvent
WASHINGTON — A panel of transportation experts debated several proposals to rescue the nearly insolvent Highway Trust Fund but offered little hope that Congress, facing a May 31 deadline to pass a transportation bill, would approve a long-term solution.
Sens. Tom Carper, Barbara Boxer Introduce Bill to Authorize Transportation Programs Into July
The top Democrats on the Senate Environment and Public Works panel unveiled legislation May 14 that would extend surface transportation authorization into July, the same time a key highway account is projected to run low on funds.
May 14, 2015MATS Organizers Say They Have Not Considered Making Event Biennial
Organizers of the Mid-America Trucking Show said they have investigated expanding the show’s length.
Wholesale Prices Show Broad-Based Retreat in April
Wholesale prices in the United States unexpectedly declined in April from the prior month.
May 14, 2015Jobless Claims Fall as 4-Week Average Reaches 15-Year Low
Fewer Americans than forecast filed applications for unemployment benefits last week, pushing the average over the past month to the lowest level in 15 years and underscoring labor-market strength.
May 14, 2015EPW to Mark Up 6-Year Highway Bill in June, ‘Can No Longer Wait On Congress’
Leaders of the transportation policy committee in the Senate said May 13 they will schedule a markup in June to consider a bill that reauthorizes surface highway programs for six years.
May 13, 2015Exclusive: Daimler Trucks Pulls Out of Mid-America Trucking Show in 2016
The president of Daimler Trucks North America said the company will not attend the 2016 Mid-America Trucking Show and will instead focus attention next year on the IAA Commercial Vehicles show in Germany.
Former DOT Chief to Congress: Raise Gas Tax 10¢, Index it
WASHINGTON — A way for Congress to ensure long-term funding for the country's highway system would be to approve a 10-cent gas tax increase and index the tax to inflation, former Transportation Secretary Ray LaHood told Transport Topics May 13.