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

Wholesale Inventories Take Biggest Jump in Two Years

Wholesale inventories rose in July by the most in two years, the Commerce Department said Friday.

September 10, 2010

Best Trucking Software 2024

For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.

Business, Logistics

Intermodal Traffic Rises 18% for Week

Intermodal traffic jumped 18% last week, the Association of American Railroads reported.

September 10, 2010
Business

Opinion: Trucking and Property Tax

All 50 states impose at least one form of annual property tax. Also known as an ad valorem tax, Latin for “according to value,” property taxes come in two types, real and personal.

September 10, 2010
Business

CVG Sets Mexican Facility to Supply Daimler Plants

Truck parts maker Commercial Vehicle Group will open a new facility in Saltillo, Mexico, as part of a new agreement with Daimler Trucks North America.

Dan Leone | Staff Reporter
September 10, 2010
Business, Government, Safety

Truck-Related Fatalities Fall to Record Low

The number of people killed in large-truck crashes dropped 20% in 2009 to the lowest level on record, the National Highway Traffic Safety Administration said.

September 9, 2010
Business

DOT Freight Transport Index Rises in July

The Department of Transportation’s freight transportation services index rose 2.5% in July from a year ago, the fifth straight year-to-year gain, DOT said.

September 9, 2010
Business

U.S. Trade Deficit Narrows

The U.S. trade deficit narrowed in July following a record jump in June, the Commerce Department said Thursday.

September 9, 2010
Business

New Jobless Claims Decline for Week

Initial jobless claims fell by 27,000 last week, the third straight decline following a month of increases, the Labor Department said Thursday.

September 9, 2010
Business

Paccar Launches Engine Website

Paccar Inc. said Tuesday it has launched a website dedicated to providing customers and dealers with information about the company’s engines.

September 9, 2010
Business, Fuel

DOE Lowers 2010 Diesel Price Forecast by 4¢, to $2.93 a Gallon

The Department of Energy lowered its diesel price forecast to $2.93 a gallon for 2010 and $3.10 next year — both down 4 cents from its previous prediction.

September 8, 2010