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.

Government, Business

ATD Announces 6 Finalists for Dealer of Year Award

Six finalists for the 2015 Truck Dealer of the Year award were announced Nov. 13.

November 13, 2014

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

UPS Outlines 2015 Earnings Forecast

UPS Inc. said it expects to earn $5.45 to $5.70 per share in 2015, up 10% to 15% from this year’s adjusted results, and that revenue will rise 5% to 6% over 2014.

Michael G. Malloy | Web Editor
November 13, 2014
Business

Freight Transportation Index Rises to Record High for Second Month

The Department of Transportation’s freight transportation services index rose to an all-time high for a second consecutive month, DOT announced Nov. 13.

November 13, 2014
Business, Government

Dunn Steps Down as President of Oregon Trucking Associations

Debra Dunn has stepped down as president of the Oregon Trucking Associations and is being replaced on an interim basis by Bob Russell, OTA’s former legislative affairs director.

Michele Fuetsch | Staff Reporter
November 13, 2014
Government, Business

Rogoff: Invest in Resilient Infrastructure

Transportation infrastructure needs to be built more sturdily and in safer locations in order to withstand the pounding from changing climate, and failure to do so could result in wasteful spending, a U.S. Department of Transportation official told a transport conference in South Carolina.

Jonathan S. Reiskin | Associate News Editor
November 13, 2014
Business

Horizon Lines Sells Business in Separate Transactions

Horizon Lines Inc., based in Charlotte, North Carolina, said it has agreed to sell the bulk of its business to Matson Inc.

Daniel P. Bearth | Staff Writer
November 13, 2014
Government, Business

Elliott Nominated for Second STB Term

Daniel Elliott III, chairman of the Surface Transportation Board, will be nominated by President Obama to serve another term as a member of the rail freight regulatory agency.

November 13, 2014
Business

FedEx Freight, Con-way Freight Workers Reject Teamsters

Workers at a FedEx Freight terminal and a Con-way Freight terminal voted against Teamsters representation, impeding the union’s organizing drive.

November 13, 2014
Business, Logistics

Maersk Profit Rises on Container Volume Gain, Cost Drop

A.P. Moeller-Maersk A/S, operator of the world’s biggest container line, said third-quarter profit increased as it cut costs and boosted box volumes.

November 13, 2014
Business

Jobless Claims Rise by 12,000

Applications for U.S. unemployment benefits rose more than forecast last week, representing a pause from a recent run of readings close to a 14-year low.

November 13, 2014