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.

Government, Business, Safety, Autonomous

Executives in Training Tackle Trucking Issues During Second Meeting of LEAD ATA Program

February 12, 2014

TT Podcasts: RoadSigns

Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.

Business

DOT Freight Transportation Index Declines in December

The Department of Transportation’s freight transportation services index declined in December from the highest level on record the prior month, DOT said Feb. 12.

February 12, 2014
Government, Business, Safety

Missouri Bill Proposes Penny Hike in Sales Tax to Fund Infrastructure

A bill recently introduced in the Missouri Legislature would put a referendum on the November ballot to raise the state’s 4.225-cent-per-dollar sales tax by a penny to pay for transportation projects.

Michele Fuetsch | Staff Reporter
February 12, 2014
Business, Technology

Trimble Reports Higher Fourth-Quarter Profit

Trimble Navigation Ltd. reported higher fourth-quarter profit than a year ago and increased revenue.

February 11, 2014
Business

USA Truck Expands Loss in 4Q

Truckload carrier USA Truck Inc. said it lost more money in the fourth quarter than the same period last year, but its earnings improved on a full-year basis.

February 11, 2014
Business

N.Y. Governor, Lawmakers Push Lower Tolls for Verrazano-Narrows Bridge

New York Gov. Andrew Cuomo (D) and legislative leaders have endorsed a plan to reduce tolls on the bridge connecting New York City boroughs Staten Island and Brooklyn.

February 11, 2014
Business

Trillium CNG to Have 77 Stations Open by June

Trillium CNG expects to have 77 compressed natural gas stations open by June, representatives said in a meeting with Transport Topics.

February 11, 2014
Business

Forward Air’s 4Q Income Declines

Forward Air Corp. said its fourth-quarter net income dipped from a year ago, and the carrier authorized a 2 million-share buyback.

Michael G. Malloy | Web Editor
February 11, 2014
Business

Wholesale Inventories Rise 0.3% in December

Wholesale inventories rose 0.3% in December, the slowest pace since last summer, the Commerce Department reported Feb. 11.

February 11, 2014
Business

UPS Acquires UK Health-Care Logistics Firm

UPS Inc. said it has acquired Polar Speed, a U.K.-based health-care logistics company. Terms were not disclosed.

February 11, 2014