Business
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.
Housing Starts Decline Amid Plunge in the South
Beginning home construction declined in June to a nine-month low as a record plunge in the South swamped gains in the rest of the U.S.
July 17, 2014Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
Jobless Claims Decline to 302,000 Last Week
Jobless claims declined by 3,000 to 302,000 in the week ended July 12, the Labor Department reported.
July 17, 2014Economy Expands Modestly; Demand for Trucking Rises, Fed Says
The economy continued to expand moderately from late May to early July in most of the country with broad-based demand for trucking and rail services rising, the Federal Reserve said.
July 16, 2014Federal Officials Tell Freight Committee About Policy Plans
In a reversal of roles, private citizens went to Capitol Hill to hear testimony from senators, representatives, executive branch officials and staff aides on freight transportation policy.
Volvo Trucks, Telogis Offer Built-In Fleet-Management Services
Volvo Trucks and Telogis are offering integrated fleet-management services that utilize factory-installed telematics hardware, the companies announced.
Idle Free Systems Acquired by Truck Heating, Cooling Equipment Firm
Idle Free Systems has been acquired by Phillips & Temro Industries, a Minnesota-based supplier of heating and cooling equipment for heavy-duty trucks. Terms were not disclosed.
July 16, 2014Industrial Production Increased 0.2% in June, Fed Says
Wholesale prices in the U.S. rose in June, reflecting a jump in energy costs that is now abating.
July 16, 2014Marten Net Income Climbs 3.4%
Marten Transport Ltd. said second-quarter net income improved 3.4% to $7.93 million, or 24 cents per share, reflecting strong results in June.
July 16, 2014Wholesale Prices Increase on Fuel
Wholesale prices in the U.S. rose in June, reflecting a jump in energy costs that is now abating.
July 16, 2014House Passes Legislation to Boost Highway Trust Fund
Despite opposition from leading Democrats and conservative Republicans, the GOP-led House on July 15 passed legislation that would shore up a federal highway account through May by a vote of 367-55.