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 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, 2015

Truckbase 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.

Business

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, 2015
Government, Business

Transportation 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.    

Eric Miller | Senior Reporter
May 14, 2015
Government, Business

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, 2015
Business

MATS 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.

Neil Abt | Editorial Director
May 14, 2015
Business

Wholesale Prices Show Broad-Based Retreat in April

Wholesale prices in the United States unexpectedly declined in April from the prior month.

May 14, 2015
Business

Jobless 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, 2015
Government, Business, Safety

EPW 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, 2015
Business

Exclusive: 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.

Neil Abt | Editorial Director
May 13, 2015
Government, Business, Safety, Technology, Equipment

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.

Eugene Mulero | Senior Reporter
May 13, 2015