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

Business Inventories Unchanged in June

Business inventories were unchanged in June, while sales rose 0.2%, the Commerce Department reported Tuesday.

August 13, 2013

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.

Business

Import Prices Rise in July

The price of goods imported to the United States rose in July following four declines, the Labor Department reported Tuesday.

August 13, 2013
Government, Business

House Letter Asks DOT to Consider Size, Weight Effect on Local Roads, Bridges

Forty-five members of the U.S. House sent a letter to Transportation Secretary Anthony Foxx asking that the truck size and weight study the federal government is conducting address the effect that heavier or longer trucks would have on local roads and bridges.

Michele Fuetsch | Staff Reporter
August 13, 2013
Business

Meritor Names Evans Chairman, CEO

Meritor Inc. named Ivor “Ike” Evans its chairman and CEO, effective immediately.

August 12, 2013
Business

N.Y. Independent-Contractor Bill Moves Toward Passage

New York Gov. Andrew Cuomo (D) is expected to sign a bill next month that classifies independent-contractor truck drivers as employees, the New York Post reported.

August 12, 2013
Business

New York Launches Alt-Fuel Truck Voucher Program

New York Gov. Andrew Cuomo (D) announced the state has launched a $19 million truck voucher program to promote the purchase of alternative fuel-powered commercial trucks.

August 12, 2013
Government, Business

FMCSA Asks for Public Comment on Livestock Exemption, Munitions Hauling

The Federal Motor Carrier Safety Administration asked the public Monday to weigh in on whether it should grant a permanent exemption to the rest-break requirement in the new hours-of-service rule to truckers hauling livestock.

Timothy Cama | Staff Reporter
August 12, 2013
Business, Fuel

Oil Rises to Four-Day High Over $106

Oil rose to a four-day high Monday, topping $106 a barrel as analysts predicted growth in European economies for the first time in two years, Bloomberg News reported.

August 12, 2013
Business

Norfolk Southern Releases Strategy to Reduce Greenhouse-Gas Emissions

Norfolk Southern Corp. released its business strategy for reducing greenhouse-gas emissions in an annual public filing with the not-for-profit Carbon Disclosure Project.

August 12, 2013
Business

Navistar’s Newest Executive ‘Bullish’ About Truck Maker’s Turnaround

Bill Kozek, the new president of the North American truck and parts business for Navistar International Corp., said he now has what he wants: the challenge of turning around a major truck manufacturer.

August 12, 2013