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

Purchase of EIS Makes McLeod Software Ready to Compete for LTL Business

McLeod Software’s purchase of Enterprise Information Solutions positions the No. 2 provider of enterprise software for motor carriers to compete for the first time for business from less-than-truckload companies — a trucking niche that appears hungry for new technology, vendors said.

October 17, 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, Fuel

Diesel Jumps 6.6¢ to $3.066 a Gallon

Fuel prices surged for a second week as the U.S. retail diesel average hit $3.066 a gallon, 6.6 cents higher than a week ago, the Department of Energy reported.

October 17, 2010
Business

September Retail Sales Rise 0.6%

Retail sales rose 0.6% in September, the third straight increase, the Commerce Department said Friday.

October 15, 2010
Business, Fuel

Oil Falls to Lowest Level in Two Weeks

Oil fell to its lowest level in two weeks Friday, dropping to near $81 a barrel, Bloomberg reported.

October 15, 2010
Business, Safety, Government, Logistics

Greatwide Expands Its Operations Center for Dedicated Carriage, New Software

Greatwide Logistics Services said Oct. 7 it has substantially increased the operations capacity and capabilities of its transportation operations center by implementing new software programs.

October 15, 2010
Business

J.B. Hunt Posts Higher 3Q Profit

J.B. Hunt Transport Services said its third-quarter profit rose from a year ago as intermodal volumes jumped and truck segment pricing improved.

October 15, 2010
Business, Government

New York Manufacturing Index Expands

Manufacturing activity in the New York region expanded in October at the highest rate in four months, the Federal Reserve Bank of New York said Friday.

October 15, 2010
Business

Business Inventories Rise 0.6%

Business inventories increased 0.6% in August, the Commerce Department said Friday.

October 15, 2010
Business

Consumer Confidence Slips in October

Consumer confidence slipped in October, according to the monthly Thomson Reuters/University of Michigan consumer sentiment index released Friday.

October 15, 2010
Business

Consumer Price Index Increases 0.1%

The consumer price index rose by 0.1% in September, the Labor Department said Friday.

October 15, 2010