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

Volvo Launches VAH 630 Autohauler Model

Volvo Trucks introduced the Volvo VAH 630, a premium sleeper version for longhaul auto-hauling operations.

Michael G. Malloy | Web Editor
February 2, 2015

Best Carrier TMS Software in 2024: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

Business, Safety, Autonomous

Truck Fatal Crash Rate Declines 1.6%, Says ATA of Federal Data

Despite a 0.5% rise in the number of large truck-involved crash fatalities in 2013, the actual truck-involved crash fatality rate declined by 1.6% in 2013, according to American Trucking Associations' calculations of Federal Highway Administration data.

Eric Miller | Senior Reporter
February 2, 2015
Government, Business

Obama Budget Proposes 6-year, $18 Billion Freight Plan, Truck Safety Improvements

The Obama administration’s fiscal 2016 budget unveiled Feb. 2 includes $18 billion for a six-year freight program designed to reduce roadway congestion, which the trucking industry says would improve efficiency.

Eugene Mulero | Senior Reporter
February 2, 2015
Business

N.Y.-N.J. Port Sets Container Cargo Record

The Port of New York and New Jersey, third largest in the United States, set a record in 2014 for cargo volume with 3.3 million containers handled, which was 4.1% above the previous record set in 2012, port officials said.

February 2, 2015
Business

Bestpass Reports Service Growth in 2014

Bestpass Inc., a provider of toll-management services to fleets, said it added 545 new accounts and increased its service revenue 40% in 2014 while processing $290 million in toll payments last year.

February 2, 2015
Business

ALK Introduces Weather Alerts for Mapping Software

ALK Technologies has introduced new weather alerts for its ALK Maps and PC Miler Web Services platforms.

February 2, 2015
Business

Factories Expand at Slowest Rate in a Year

U.S. factories expanded at the weakest pace in a year in January as orders cooled, a sign weakness in overseas markets is restraining U.S. manufacturing, the Institute for Supply Management said.

February 2, 2015
Business

Construction Spending Rises 0.4%

Construction spending rose 0.4% in December to a seasonally adjusted $982 billion annual rate, the Commerce Department reported Feb. 2.

February 2, 2015
Business

Consumer Spending Drops by Most in Five Years

Consumer spending fell in December as households took a breather from the break-neck pace of buying that characterized the fourth quarter.

February 2, 2015
Business, Fuel

Oil Rises as Workers Strike at Nine Refineries

Oil climbed to over $50 a barrel Monday as workers at some of the nation’s refineries began strike action.

February 2, 2015