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

Producer Price Index Rises in June

Prices paid to U.S. producers rose 0.8% in June, the Labor Department reported Friday.

July 12, 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, Logistics

Weekly Intermodal Traffic Increases 1.1%

Weekly intermodal volume increased by 1.1% for the week ended Saturday from a year ago, the Association of American Railroads reported.

July 12, 2013
Business

Driver Turnover Rate Rises in First Quarter

Driver turnover at large and small truckload and less-than-truckload carriers rose in the first quarter on an improving economy, American Trucking Associations said.

July 11, 2013
Business, Logistics

United Vision Logistics Restructures

Heavy-haul and hazardous-materials carrier United Vision Logistics said it has reorganized its ownership.

July 11, 2013
Business

Import Prices Decline for Fourth Straight Month

The price of goods imported to the United States declined in June for the fourth straight month, the Labor Department said Thursday.

July 11, 2013
Business

Ryder Opens Two Natural-Gas Stations in California

Ryder System said it has opened two natural-gas fueling stations in California open to the public.

July 11, 2013
Business

Initial Jobless Claims Rise by 16,000

Initial jobless claims rose by 16,000 last week, the Labor Department reported Thursday.

July 11, 2013
Business

DOT Freight Transportation Index Rises 2.7%

The Department of Transportation’s freight transportation services index rose 2.7% in May from the same month last year to the second-highest level on record, DOT said Wednesday.

July 11, 2013
Business, Equipment

Cummins Boosting Dividend 25%

Engine maker Cummins Inc. said it is boosting its quarterly dividend 25%, reflecting its “confidence in the long-term prospects for the company.”

July 10, 2013
Government, Business

Senator Drops Objection to Vote on EPA Nominee

A key Republican senator said he is dropping a filibuster threat to block the nomination of Gina McCarthy to become administrator of the Environmental Protection Agency.

July 10, 2013