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

Durable Orders Rise 2.2% in February

Durable goods orders increased 2.2% in February, the fourth gain in five months, the Commerce Department said Wednesday.

March 28, 2012

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Government, Business

Traffic Congestion Costs Billions in Wasted Fuel, Time, Report Says

Traffic congestion costs drivers more than $100 billion annually in wasted fuel and lost time, and American drivers waste about 1.9 billion gallons annually sitting in traffic, according to a new Treasury Department report.

March 28, 2012
Business

Truck Tonnage Rises 5.5% in February

Truck tonnage rose 5.5% in February from the same month last year, American Trucking Associations said Tuesday.

March 27, 2012
Government, Business

FMCSA Could Do More to Stop Reincarnated Fleets, GAO Says

The federal government should electronically screen trucking companies’ data to find potential reincarnated carriers when they apply, and then investigate those applicants, according to a new Government Accountability Office report.

Timothy Cama | Staff Reporter
March 27, 2012
Business

House Republicans Delay Vote on Highway Bill

House Republican leaders Monday delayed voting on a three-month extension of federal highway programs, Bloomberg reported.

March 27, 2012
Business, Fuel

Diesel Gains a Half-Cent to $4.147; Gas Gains a Nickel to $3.918

Diesel rose 0.5 cents to $4.147 a gallon, its highest price since the record-setting summer of 2008, while gasoline rose more than a nickel, the Department of Energy reported.

March 27, 2012
Business

Wabash National to Purchase Walker Group

Trailer manufacturer Wabash National Corp. said Tuesday it will acquire Walker Group Holdings for $360 million.

March 27, 2012
Business, Government, Logistics

Consumer Confidence Declines

Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.

March 27, 2012
Government, Business, Safety

FMCSA Sets Changes to Flatbed, Hazmat Regs

The Federal Motor Carrier Safety Administration Tuesday announced a slate of changes to its safety rating system designed to ratchet up enforcement of hazardous materials carriers and mitigate an inspection bias against flatbed haulers.

Eric Miller | Senior Reporter
March 27, 2012
Business

Navistar Wins Armored Truck Upgrade Work

Navistar Defense LLC said it received a $21 million contract from the U.S. Army for more work connected to a January order to upgrade 2,717 MaxxPro Mine-Resistant Ambush-Protected vehicles.

March 27, 2012