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

Sales of Existing Homes Fall for Third Straight Month

Sales of previously owned homes fell in March for the third consecutive month as rising prices and cold weather discouraged would-be buyers.

April 22, 2014

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Business

Rush’s 1Q Class 8 Sales Jump 30%

Truck dealership Rush Enterprises’ first-quarter net income slipped slightly from a year ago as its heavy-duty truck sales jumped 30%.

April 22, 2014
Business

Werner’s 1Q Income Declines

Werner Enterprises said its first-quarter profit fell 18% due in part to “severe winter storms” during the period.

April 22, 2014
Business

Port of Long Beach Rejects Advice to Merge With Port of Los Angeles

The Port of Long Beach has no interest in merging with the neighboring Port of Los Angeles as recommended by an independent commission’s recent report, a top port official said.

April 22, 2014
Business, Government, Fuel

Forward Air’s First-Quarter Net Income Dips

Forward Air Corp. said its first-quarter net income dipped to $10.2 million, or 33 cents a share, from $10.9 million, or 36 cents, a year ago.

April 21, 2014
Government, Business, Safety

FMCSA Grants Extension on Drug, Alcohol Clearinghouse Comments

The time period for commenting on the proposed rule for the national clearinghouse for driver drug and alcohol test results has been extended through May 21.

Michele Fuetsch | Staff Reporter
April 21, 2014
Business

Marten Enhances Automatic Detention Pay Program

Refrigerated carrier Marten Transport announced a change to its automatic driver detention pay program and will now compensate drivers after one hour.

April 21, 2014
Government, Business

Leading Economic Indicator Index Gain Points to 2Q Rebound

An index of U.S. leading indicators increased in March by the most in four months, a sign the economic expansion will strengthen following harsh winter weather.

April 21, 2014
Business, Fuel

Gasoline Rises to 13-Month High $3.69 a Gallon, Lundberg Reports

The average price for U.S. regular gasoline rose 8.5 cents in the past two weeks to a 13-month high $3.69 a gallon, according to latest Lundberg Survey released April 20.

April 21, 2014
Business, Technology

Motorola to Sell Enterprise Business to Zebra for $3.45 Billion

Motorola Solutions Inc. has agreed to sell its Enterprise business — including the handheld computers and scanners it offers to the transportation industry — to Zebra Technologies Corp. for $3.45 billion.

Seth Clevenger | Managing Editor, Features and Multimedia
April 21, 2014