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 Orders Jump 10.5% in July

Factory orders increased 10.5% in July, the largest gain since records began in 1992, the Commerce Department reported Sept. 3.

September 3, 2014

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

Navistar Reduces 3Q Loss, Approaches Break-Even Point

Navistar International Corp. posted its smallest quarterly loss in two years, narrowly missing the break-even point in its fiscal third quarter as production levels rose and warranty costs declined.

Seth Clevenger | Managing Editor, Features and Multimedia
September 3, 2014
Business, Logistics

XPO Completes Acquisition of Logistics Firm New Breed

XPO Logistics said it has completed the acquisition of specialized logistics firm New Breed Holding Co. for $615 million.

September 2, 2014
Business

Navistar to Extend Plan to Protect Tax Value of Losses

Navistar International Corp. will extend a plan to protect the tax value of its net operating losses until Nov. 3.

September 2, 2014
Business

Celadon Expands Flatbed Business

Celadon Trucking Services is expanding its recently acquired flatbed business, Evans Trucking, with the purchase of at least 150 new tractors and 100 flatbed trailers.

September 2, 2014
Business

Manufacturing Grows at Fastest Pace in Three Years

Manufacturing expanded in August at the fastest pace in three years as orders grew by the most in a decade, showing U.S. factories will help power the economy into the third quarter.

September 2, 2014
Government, Business

Construction Spending Rises 1.8% in July

Construction spending rose 1.8% in July, the Commerce Department reported Sept. 2.

September 2, 2014
Government, Business

FMCSA to Study Driver Pay, Safety Relationship

The Federal Motor Carrier Safety Administration will study whether the method of paying truck drivers has any relationship to safety, the agency announced.

Eric Miller | Senior Reporter
September 2, 2014
Government, Business, Safety, Autonomous

Americans Racking Up More Highway Miles

Americans are driving more, the Federal Highway Administration reported, saying that cars, trucks and buses logged 1.47 trillion vehicle miles during the first half of this year, the highest level since 2008.

Jonathan S. Reiskin | Associate News Editor
September 2, 2014
Business, Technology

Omnitracs to Acquire XRS Corp. for $178 Million

Omnitracs said it has agreed to acquire fleet software firm XRS Corp. for about $178 million or $5.60 per share.

September 2, 2014