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

Jobless Claims Decline by Fewest In a Month

Jobless claims declined by 11,000 to 304,000 in the week ended July 5, the fewest in more than a month, a Labor Department reported.

July 10, 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.

Government, Business

Corker Joins Senate Dems’ Calls to Reject House GOP Trust-Fund Proposal

Senate Democratic leaders are getting help from Tennessee Republican Bob Corker in calling on colleagues to oppose a House Republican bill that would provide a short-term boost for the cash-strapped Highway Trust Fund, limiting the bill’s chances of passing the Senate.

Eugene Mulero | Senior Reporter
July 9, 2014
Business

Truckload Turnover Holds Over 90% in First Quarter

Turnover at large truckload carriers rose slightly to 92% in the first quarter, holding above 90% for the ninth straight quarter, American Trucking Associations reported July 9.

Michael G. Malloy | Web Editor
July 9, 2014
Business, Equipment

Cummins Appoints New President

Rich Freeland has been promoted to president and chief operating officer at Cummins Inc.

July 9, 2014
Business, Technology

SkyBitz Sees Analytics, Benchmarking as Next Steps for Trailer Tracking

Trailer-tracking provider SkyBitz is expanding its data analytics and benchmarking capabilities as demand for the technology grows, company officials said July 8 during an editorial forum with Transport Topics..

Seth Clevenger | Managing Editor, Features and Multimedia
July 9, 2014
Business, Government

Mississippi Trucking Association Hires Hal Miller as President

Hal Miller III, a fleet manager with 31 years of experience, will be the next president of the Mississippi Trucking Association, the group said.

July 9, 2014
Government, Business

House Panel to Consider Short-Term Trust Fund Fix July 10

The leaders of the tax-writing committee in the House scheduled a hearing July 10 to consider a bill that would keep a cash-strapped highway account solvent for several months.

Eugene Mulero | Senior Reporter
July 8, 2014
Business, Fuel

Diesel Dips 0.7¢ to $3.913 a Gallon; Gasoline Slides 2.6¢ to $3.678

Diesel dipped 0.7 cent to $3.913 a gallon, while gasoline slid 2.6 cents to $3.678, the first declines for both fuels in three weeks, the Department of Energy reported July 7.

July 8, 2014
Business, Autonomous

Los Angeles Port Truckers Strike to Join Union, Spokeswoman Says

The ports of Los Angeles and Long Beach, the busiest U.S. trade complex, were struck by about 120 truck drivers protesting low wages and their employers’ refusal to let them join a union, a spokeswoman said.

July 8, 2014
Business, Technology

Pegasus TransTech Releases New Mobile App

Pegasus TransTech has released a new smart phone application that drivers can use to accept loads, receive and send messages to their fleets and scan documents.

July 8, 2014