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

Existing Home Sales Rise in January

Existing home sales rose 0.4% in January, the National Association of Realtors said Thursday.

February 21, 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

Initial Jobless Claims Rise for First Time in Three Weeks

Initial jobless claims rose by 20,000 last week, the first rise in three weeks, the Labor Department said Thursday.

February 21, 2013
Government, Business

White House Outlines Plan for $50 Billion in Infrastructure Spending

The White House on Wednesday outlined a set of infrastructure proposals, including $40 billion for a “fix-it-first” policy to prioritize repairing existing roads, bridges and other facilities before building new ones, as part of a $50 billion total plan.

Timothy Cama | Staff Reporter
February 20, 2013
Business

Volvo’s January North American Truck Deliveries Drop 38%

Volvo AB said Wednesday its North American truck deliveries fell 38% in January from a year ago.

February 20, 2013
Business

Truck Tonnage Rises to Record High in January

Truck tonnage rose 6.5% in January from the same month last year to a record high reading, American Trucking Associations said.

February 20, 2013
Business

Supreme Court to Hear Oral Arguments in April in ATA’s Appeal in Port of L.A. Case

The U.S. Supreme Court has scheduled oral arguments for April 16 in American Trucking Associations’ appeal over what ATA has called “burdensome” requirements the Port of Los Angeles has put on fleets serving the port.

Eric Miller | Senior Reporter
February 20, 2013
Business

New Century Transportation Names Mark Olszewski President

New Century Transportation said Wednesday it has named Mark Olszewski the company’s new president.

February 20, 2013
Business

Con-way Launches New U.S.-Mexico Intermodal Service

Con-way Truckload and Con-way Multimodal announced they would combine resources for a new U.S.-Mexico intermodal service.

February 20, 2013
Business, Fuel

Diesel Rises 5.3¢ to $4.157 a Gallon; Price Is Highest Since August 2008

Diesel rose 5.3 cents to $4.157 a gallon, its fifth straight increase and the highest price in four-and-a-half years, while gasoline jumped 13.6 cents, the Department of Energy reported.

February 20, 2013
Business

Vitran Reports Fourth-Quarter Loss

Vitran Corp. on Wednesday reported a loss for the fourth quarter and full year, and the company said it would focus on its less-than-truckload operations following its recently announced plan to sell its supply chain business.

February 20, 2013