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

Old Dominion Boosts 1Q Tonnage Outlook

Old Dominion Freight Line said it has boosted its expectations for first-quarter tonnage growth, to 4.5% to 5% from a year ago, up from its previous guidance of 4% to 4.5% growth.

March 26, 2013
Business, Fuel

Diesel Falls 4.1¢ to $4.006 a Gallon

Diesel fell for a fourth consecutive week, matching its 4.1-cent decline of a week ago in falling to $4.006 a gallon, while gasoline dipped, the Department of Energy reported.

March 26, 2013
Business

Durable Goods Orders Jump 5.7%

Durable goods orders took the biggest jump since September, rising 5.7% in February, the Commerce Department said Tuesday.

March 26, 2013
Business, Logistics

Consumer Confidence Falls in March

Consumer confidence fell in March from a three-month high in February, the New York-based Conference Board said Tuesday.

March 26, 2013
Business, Government

New Home Sales Fall 4.6% in February

New home sales fell 4.6% in February, the Commerce Department said Tuesday.

March 26, 2013
Business, Fuel

Oil Rises to 5-Week High, Topping $95 a Barrel

Oil rose almost $1 early Tuesday to a five-week high of more than $95 a barrel, Bloomberg News reported.

March 26, 2013
Special Coverage, Business, Equipment

Bosch Displays Esitronic Truck Scan

LOUISVILLE, Ky. — Bosch is showcasing the new Esitronic Truck scan for the first time in North America at the Mid-America Trucking Show.

March 25, 2013
Business

Georgia Ports’ Cargo Increases 6.9% in February

The Georgia Port Authority said Monday total cargo in the state’s ports increased 6.9% in February over the same month last year.

March 25, 2013
Business

Eaton Unveils New Transmission for Navistar

LOUISVILLE, Ky. — Eaton Corp. executives said the company has launched a new version of its UltraShift Plus automated manual transmission exclusively for Navistar Inc., designed to maximize fuel efficiency in linehaul applications.

Michael G. Malloy | Web Editor
March 25, 2013
Special Coverage, Business

Eaton Unveils New Transmission for Navistar

LOUISVILLE, Ky. — Eaton Corp. executives said the company has launched a new version of its UltraShift Plus automated manual transmission exclusively for Navistar Inc., designed to maximize fuel efficiency in linehaul applications.

Michael G. Malloy | Web Editor
March 25, 2013