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

Leading Economic Indicators Slip

An index of leading economic indicators fell in April following six straight increases, the New York-based Conference Board said Thursday.

May 17, 2012

Truckbase Business Overview, Features, Reviews 2024

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

Business

Jobless Claims Unchanged for Week

Initial jobless claims were unchanged last week, holding at 370,000, the Labor Department said Thursday.

May 17, 2012
Business, Fuel

Oil Closes at Six-Month Low Under $93 a Barrel

Oil fell more than $1 Wednesday to finish the trading day at six-month-low under $93 a barrel, Bloomberg reported.

May 16, 2012
Business

Volvo’s April North American Deliveries Rise 39%

Volvo AB’s North American truck deliveries rose 39% in April from a year ago, the company said Wednesday.

May 16, 2012
Business

Industrial Production Rises More Than Forecast

Industrial production rose 1.1% in April, led by automobile manufacturing and utility output, the Federal Reserve said Wednesday.

May 16, 2012
Business

Housing Starts Improve in April

Housing starts rose 2.6% in April, the Commerce Department said Tuesday.

May 16, 2012
Business, Logistics

XPO Logistics Moves HQ to Connecticut

XPO Logistics Inc. said Tuesday it moved its corporate headquarters to Greenwich, Conn., from Buchanan, Mich.

May 16, 2012
Business, Safety, Autonomous

FMCSA Five-Year Plan May Target Shippers, Brokers

Over the next five years, the Federal Motor Carrier Safety Administration plans to significantly reduce truck-related crash fatality rates by developing new credentialing and driver safety fitness standards, expanding its regulatory reach to include shippers and other industry players and creating new programs aimed at weeding out high-risk motor carriers.

Eric Miller | Senior Reporter
May 15, 2012
Business

Oilfield Truckers Have Higher Fatality Rates, N.Y. Times Reports

Truckers who work for oilfield and natural gas companies have higher rates of accidents and fatalities than the trucking industry, due to longer hours and hours-of-service rule exemptions, the New York Times reported Tuesday.

May 15, 2012
Government, Business, Safety, Autonomous

Mass. Bans Daytime Hazmat Trips Through Boston

Trucks carrying hazardous materials will be banned from traveling through Boston during most of the daytime under a policy approved by Massachusetts state officials last week, the Boston Globe reported.

Timothy Cama | Staff Reporter
May 15, 2012