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, Fuel

Biodiesel Producers Can Meet Mandate Despite Lack of Tax Credit, Experts Say

U.S. biomass-based diesel producers have the capacity to meet an 800 million-gallon federal mandate in 2011, despite a marked decline in biodiesel production over the past year and a failure by Congress so far to reinstate a $1 per gallon biodiesel tax credit, according to the U.S. Environmental Protection Agency and industry experts.

December 13, 2010

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, Government

Brokers Must Provide Public More Information about Household Goods Movers, FMCSA Rules

The Federal Motor Carrier Safety Administration has issued new rules that will require brokers working with household goods movers to provide more information to consumers.

December 13, 2010
Business

Michigan Senate Kills Legislation Enabling New Detroit Bridge

A bill that would have enabled construction of a new, publicly owned bridge between Detroit and Windsor, Ontario, has died in the Michigan legislature.

December 13, 2010
Business

SeaBridge Temporarily Halts Operations

December 13, 2010
Business, Fuel

Diesel Rises 3.5¢ to $3.197

U.S. retail fuel prices jumped last week, reversing declines over the past two weeks, as the average cost of a gallon of diesel rose 3.5 cents to reach $3.197, the U.S. Department of Energy reported.

December 13, 2010
Business

Dynamex Receives Higher Buyout Bid

Dynamex Inc., Dallas, said it had received a new offer of $25 a share from a potential buyer that exceeds the acquisition proposal from an affiliate of Greenbriar Equity Group LLC.

December 10, 2010
Business

Consumer Confidence Hits Six-Month High

Consumer confidence rose to a six-month high this month, according to the preliminary monthly Thomson Reuters/University of Michigan consumer sentiment index released Friday.

December 10, 2010
Business

UTi Worldwide’s 3Q Profit Rises

Air and freight forwarder UTi Worldwide’s fiscal third-quarter net income jumped to $26.4 million, or 26 cents a share, from $18 million, or 18 cents, a year earlier.

December 10, 2010
Business, Logistics

Intermodal Traffic Gains 13.8% for Week

Intermodal traffic rose 13.8% last week from a year ago, the Association of American Railroads said.

December 10, 2010
Business

Import Prices Rise by Most in a Year

The price of goods imported to the United States jumped by 1.3% in November, the highest this year, the Labor Department said Friday.

December 10, 2010