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

Trucking Joins to Fight Internet Thieves as Identity Theft, Fake Pickups Increase

Increasingly popular Internet swindles are bringing a new dimension to the chronic problem of theft in the trucking sector, but the industry is uniting to battle this latest threat.

December 9, 2013

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Fuel

Diesel Price Rises 3.9¢

U.S. retail diesel prices rose for a second straight week, with the national average gaining 3.9 cents to $3.883 a gallon, while gasoline declined, the Department of Energy reported Dec. 2.

December 9, 2013
Business

Cass Freight Index Rises 1% in November

The Cass Freight Index, which measures shipment activity in trucking and other transport modes, increased 1.1% in November from a year ago. Expenditures increased 7.8% from 2012.

December 6, 2013
Business, Logistics

Intermodal Rail Traffic Highest on Record in November

The weekly average intermodal rail volume for November rose to the highest level on record, the Association of American Railroads reported.

December 6, 2013
Business, Government, Logistics

Consumer Confidence Rises to Five-Month High

Consumer confidence rose to the highest level in five months, according to the Thomson Reuters/University of Michigan consumer sentiment index released Dec. 6.

December 6, 2013
Business

Trucking Adds 8,400 Jobs; U.S. Unemployment Hits 5-Year Low

The U.S. unemployment rate was 7% in November, the lowest rate in five years, as the trucking industry and the economy as a whole added jobs, the Labor Department reported Dec. 6.

December 6, 2013
Business

FedEx Ground Sets 4.9% Rate Increase for 2014

FedEx Ground will raise its 2014 rates by an average 4.9%, the company announced Dec. 5.

December 5, 2013
Business, Fuel

DEF Prices Stable in November

North American prices for diesel exhaust fluid changed little in November, with the U.S. price increasing and the Canadian price dipping, said the Dec. 5 issue of DEF Tracker.

December 5, 2013
Business, Technology

Safety Technology Could Transform Trucking, Tech Leaders Say

IRVING, Texas — New developments in active safety technology have the potential to dramatically transform the trucking industry, perhaps even culminating someday in driverless trucks, technology leaders told fleet executives here at a meeting organized by American Trucking Associations.

Seth Clevenger | Managing Editor, Features and Multimedia
December 5, 2013
Business, Technology

Ingram Micro Buys Shipwire to Expand e-Commerce Services

Ingram Micro Inc., a wholesale distributor of electronics and mobile phones, said it will expand its supply chain services after purchasing Shipwire Inc., a global company that ships products ordered online.

December 5, 2013