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

Trimble Completes TMW Acquisition

Trimble Navigation Ltd. said it has completed its $335 million acquisition of transportation software provider TMW Systems.

October 3, 2012

Best Carrier TMS Software in 2024: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

Business, Equipment

ISM Services Index Improves in September

An index of the U.S. economy’s service sector improved in September, the Institute for Supply Management said Wednesday.

October 3, 2012
Business, Logistics

Universal Buys Logistics Firm for $335 Million

Universal Truckload Services said it has completed the purchase of third-party logistics firm LINC Logistics for $335 million.

October 3, 2012
Business, Fuel

Virginia Signs Natural Gas Agreement With Clean Energy

Virginia Gov. Robert McDonnell (R) signed an agreement with Clean Energy Fuels Corp. to allow state and local entities to buy compressed natural gas from Clean Energy for their vehicle fleets.

October 3, 2012
Business

M&K Buys Chicago-Area Truck Dealerships

M&K Quality Truck Sales said it has completed the acquisition of four Chicago-area truck sales businesses, giving the company its first presence in the Chicago market.

October 2, 2012
Government, Business

Bill Would Allow Veterans Easier Access to CDLs

A bill passed by Congress last month would open up more job opportunities for military veterans by allowing them to obtain commercial driver licenses in the states where they are stationed, even if they are away from home, the bill’s supporters said.

Timothy Cama | Staff Reporter
October 2, 2012
Business, Fuel

Diesel Dips 0.7¢ to $4.079 a Gallon

Diesel dipped 0.7 cent to $4.079, its second straight decline following 11 weekly increases, and gasoline also fell for a second week, the Department of Energy reported.

October 2, 2012
Business

Holiday Sales Growth Expected to Slow, National Retail Federation Says

U.S. sales during the holiday season will slow to 4.1% this year, according to the National Retail Federation, due in part to unemployment and political uncertainties, Bloomberg reported Tuesday.

October 2, 2012
Business

UPS Study Cites Positive Export Outlook Among U.S. High-Tech Executives

Despite economic uncertainty at home and abroad, U.S. high-tech executives’ confidence in global trade and U.S. exports has grown significantly over the past two years, according a study commissioned by UPS Inc.

October 2, 2012
Business

Arkansas to Vote on Half-Cent Sales Tax Hike for Road Projects

A proposed constitutional amendment on Arkansas’s ballot this November would add a half-cent to the state’s 6-cent sales tax to raise money for transportation.

October 2, 2012