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, Fuel

House Passes Bill Aimed at Advancing Keystone XL Pipeline

The House passed a bill that would take the permitting authority for the Keystone XL Pipeline away from President Obama.

Michele Fuetsch | Staff Reporter
May 24, 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

Durable Goods Orders Rise 3.3% in April

Durable goods orders rose 3.3% in April, the Commerce Department said Friday.

May 24, 2013
Business

I-5 Closed in Wash. State After Bridge Struck by Truck Collapses

A section of the Interstate 5 bridge over the Skagit River north of Seattle collapsed after it was struck late Thursday by a heavy-duty truck, closing the West Coast’s main north-south highway in both directions.

May 24, 2013
Business, Fuel

Holiday Weekend Driving to Rise Slightly, AAA Says

The number of Americans driving during the Memorial Day holiday weekend will rise slightly, with a majority saying gasoline prices will not impact their plans, according to AAA.

May 24, 2013
Business

Foxx Says Top Priorities at DOT Would Be Safety, Efficiency, Infrastructure

Transportation Secretary nominee Anthony Foxx told a Senate committee that, if confirmed, his top priorities would be on improving safety, efficiency and infrastructure.

Michael G. Malloy | Web Editor
May 23, 2013
Business

Celadon to Acquire Canadian Carrier Hyndman Transport

Celadon Trucking Services said it will acquire Canadian carrier Hyndman Transport Ltd. Terms were not disclosed.

May 23, 2013
Business, Equipment

Commercial Vehicle Group Hires New CEO

Component supplier Commercial Vehicle Group said former Caterpillar executive Richard Lavin has been hired as CEO.

May 23, 2013
Business

New Home Sales Rise to Three-Month High

New home sales rose 2.3% in April to a three-month high, the Commerce Department said Thursday.

May 23, 2013
Business

Initial Jobless Claims Fall by 23,000 for Week

Initial jobless claims fell by 23,000 last week, the Labor Department said Thursday.

May 23, 2013
Business, Fuel

Oil Slides Below $93 a Barrel

Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported.

May 23, 2013