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

Kenworth Adds Nat-Gas Option to T880 Vocational Truck

Kenworth Truck Co. is adding a natural-gas option for its T880 vocational truck.

August 19, 2014

QuickBooks for Trucking: Connecting QuickBooks to Your TMS

Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.

Business, Fuel

Diesel Drops to $3.835; Price Lowest in Nine Months

The national average price of retail diesel fuel dipped 0.8 cent to $3.835 a gallon, the lowest level in nine months, the Department of Energy reported Aug. 18.

August 19, 2014
Business

FedEx Money-Laundering Charge Adds Pressure to Drug Case

By adding money laundering to the charges against FedEx Corp., federal prosecutors are trying to force the package-shipping company to settle its drug-trafficking case, attorneys and analysts said.

August 19, 2014
Business

Truck Tonnage Rises 3.6% in July, ATA Says

Truck tonnage rose 3.6% last month over July of last year, helped by the improving pace of factory orders and new home construction, American Trucking Associations reported.

August 19, 2014
Business

TMW, 3Gtms Create Partnership

TMW Systems announced a partnership with 3Gtms to provide a broader set of services to companies such as third-party logistics operators and brokers that manage both asset-based and non-asset-based freight services.

Rip Watson | Special to Transport Topics
August 19, 2014
Business, Technology

PeopleNet Signs Distribution Deal With Pana-Pacific

PeopleNet announced a distribution agreement with supplier Pana-Pacific aimed at bringing its mobile fleet-management technology to small fleets.

Seth Clevenger | Managing Editor, Features and Multimedia
August 19, 2014
Business, Technology

Talking-Car Plans Advance as US Sees 1,083 Lives Saved Yearly

The U.S. Department of Transportation moved forward on writing rules that may mandate automakers’ use of talking-car technology, saying more than a thousand lives a year might be saved on the nation’s roadways.

August 19, 2014
Business, Logistics

Maersk Raises 2014 Profit Forecast on Container Increase

A.P. Moeller-Maersk A/S raised its full-year profit forecast after the company’s container-shipping line, the world’s largest, said earnings are rising because of higher freight volumes and lower costs.

August 19, 2014
Business

Housing Starts Rise to Highest Level in Eight Months

Housing starts surged in July to the highest level in eight months, underscoring the recent pickup in builder optimism and showing more traction in the residential real estate market.

August 19, 2014
Business

Consumer Prices Rise at Slowest Pace in Five Months

The cost of living in the U.S. climbed in July at the slowest pace in five months, indicating price pressures remain limited even as the economy picks up.

August 19, 2014