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, Technology

Walmart Debuts Supercube, Seeks Test Permit in Canada

Walmart Canada Corp. is hoping to revolutionize freight transportation in Canada with a huge new cargo carrier.

November 26, 2012
Business

UPS Raises Parcel Rates; TNT to Sell Cargo Airline

UPS Inc. will increase its rates for parcel shipping by 4.5% for air-express packages and by 4.9% for ground delivery, effective Dec. 31.

November 26, 2012
Business

Adjusters Total Flood-Stricken Trucks; Owners Still Retrieve, Repair Vehicles

Floodwaters left by Superstorm Sandy sent many commercial trucks to the junk yard, and service providers are warning that those vehicles that can be repaired probably will face recurring maintenance issues.

November 26, 2012
Business, Fuel

Diesel Slides to $3.976 a Gallon In Fifth Straight Weekly Decline

The national average price of diesel fuel slid four-tenths of a cent to $3.976 a gallon, the fifth straight weekly decline in the cost of trucking’s main fuel, the Department of Energy reported last week.

November 26, 2012
Business

TTNews Closed for Thanksgiving

Transport Topics Online will be closed Thursday and Friday for the Thanksgiving holiday. Please check back on Monday, Nov. 26, for the latest trucking and freight transportation news.

November 21, 2012
Business, Logistics

Intermodal Traffic Gains 2.4% for Week

U.S. rail intermodal traffic rose 2.4% last week over the same week a year ago, the Association of American Railroads said.

November 21, 2012
Business, Equipment

E&MU: Underinflation Seen as Main Cause of ‘Road Gators’

Last summer’s record heat scorched much of the United States, with evidence of the high temperatures visible on the nation’s highways in the form of chunks of broken tires and separated treads, so-called “road gators.”

November 21, 2012
Government, Business

Leading Economic Indicators Rise 0.2%

An index of leading economic indicators rose 0.2% in October, the New York-based Conference Board said Wednesday.

November 21, 2012
Business, Logistics

Consumer Confidence Rises in November

Consumer confidence rose in November, according to the Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.

November 21, 2012
Business

Oakland Port Workers Return to Work After One-Day Strike

Maintenance and custodial workers from the Service Employees International Union were set to return to work Wednesday after a one-day strike at the Port of Oakland, Calif., The Associated Press reported.

November 21, 2012