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

Factory Production Posts Tepid Growth in January

Factory production rose less than forecast in January as motor vehicle assemblies declined along with demand for construction materials, indicating U.S. manufacturing is moderating.

Michelle Jamrisko | Bloomberg News
February 18, 2015
Business

Housing Starts Fall as Demand for Single-Family Homes Cools

Builders broke ground on fewer U.S. residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.

Nina Glinski | Bloomberg News
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Shobhana Chandra | Bloomberg News
February 18, 2015
Special Coverage, Business

Be Aware of Elements That Cause Corrosion, Experts Say

NASHVILLE, Tenn. — Fifty years ago, the only type of corrosion the trucking industry worried about was from road salt on the truck chassis. But today, no part of a truck is safe from corrosion, said those who run, build, maintain and wash trucks.

Michele Fuetsch | Staff Reporter
February 18, 2015
Special Coverage, Business, Equipment

Cummins Filtration Releases New Filter

NASHVILLE, Tenn. — Cummins Filtration Inc. announced the release of a new oil filter for the Cummins ISX15 engine.

February 17, 2015
Special Coverage, Business, Autonomous

Capacity Trucks Introduces Sabre Terminal Tractor at TMC

NASHVILLE, Tenn. — Capacity Trucks showed a new terminal tractor for warehouse, port and intermodal operations while another terminal tractor maker, Kalmar Ottawa, said its T2 terminal tractor helped the company to its second-best year ever.

Michael G. Malloy | Web Editor
February 17, 2015
Business, Fuel

Diesel Average Climbs 3¢ to $2.865 a Gallon

U.S. retail fuel prices rose last week, with diesel gaining 3 cents a gallon, on average, while gasoline added 8.3 cents, the Department of Energy reported.

Jonathan S. Reiskin | Associate News Editor
February 17, 2015
Business

Labor Secretary Tom Perez Arrives as West Coast Ports Reopen

West Coast ports that were closed to incoming cargo over the holiday weekend reopened Feb. 17.

February 17, 2015
Business

Bolt Introduces Enhanced Mapping Product

Bolt, provider of a Web-based fleet management and dispatch platform, announced that it is now offering enhanced mapping software.

February 17, 2015
Business

ICAT Logistics Forms New Subsidiary, ICAT Customs Brokerage

ICAT Logistics Inc., an agency-based freight forwarder, said it has launched a new subsidiary, ICAT Customs Brokerage, to expand and enhance the company’s services.

February 17, 2015
Business

Pegasus TransTech Expands Transflo Express Scanning Network

Pegasus TransTech said it has expanded its Transflo Express truck-stop scanning network to more than 250 sites operated by TravelCenters of America.

February 17, 2015