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

Chang Succeeds Bernabucci at UPS Capital

UPS Inc. said Ronald Chang has been named president of its UPS Capital business, which offers insurance and trade payment services, to succeed Bob Bernabucci, who is retiring after 41 years of service.

August 22, 2014

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Business, Technology

Rand McNally Unveils Next-Gen GPS Devices

Rand McNally has introduced the latest generation of its GPS devices for commercial truck drivers.

August 22, 2014
Business, Government

UPS to Open Two Facilities in Dallas-Fort Worth Area

UPS Inc. is opening two new package-distribution facilities in the Dallas-Fort Worth area.

August 22, 2014
Business

Mack Introduces MP8 505C+ Powertrain

Mack Trucks Inc. has introduced the MP8 505C+, a 13-liter, 505-horsepower engine platform that the company says is ideal for longhaul applications.

August 22, 2014
Business, Logistics

Intermodal Traffic Rises for Week

U.S. rail intermodal traffic increased 5.4% in the week ended Aug. 16 compared with the same week last year, the Association of American Railroads reported.

August 22, 2014
Business, Technology

Garmin Introduces New Navigation Devices

Garmin International Inc. announced plans to launch two new Android-based commercial navigation devices.

August 22, 2014
Business, Safety, Autonomous

Volvo’s North American Deliveries Rise 21%

Volvo Group’s North American heavy-duty truck deliveries rose 21% in July from the same month last year, the company reported Aug. 21.

August 21, 2014
Business

UPS Has Data Breach at 51 Stores

UPS Inc. said 51 of its UPS Store franchise service locations have been victimized by a data breach that revealed some customers’ personal information.

August 21, 2014
Business, Logistics

Cargo Rates Trigger Shipper Backlash as US Rails Soar

After CSX Corp. raised rates for shipping specialty gas by 41% over three years, Diversified CPC International Inc. had to shutter a production line near Chicago.

August 21, 2014
Business

S.C. Ports Authority Earnings Rise 20.7% in 2014

The South Carolina Ports Authority reported its 2014 fiscal year operating earnings increased 20.7% to $14.3 million.

August 21, 2014