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

Home Price Gains Weaken for Fifth Straight Month

WASHINGTON — U.S. home price gains slowed for the fifth straight month in August as higher mortgage rates have lowered home sales. The deceleration reflects a broader weakening in the nation’s housing market. Sales of existing homes have dropped for six straight months, and sales of new homes have fallen for the past four.

Christopher Rugaber | Associated Press
October 30, 2018
Government, Business

Tennessee Republican Gov. Bill Haslam Defines the Qualified Candidate for Truckers

AUSTIN, Texas ­— Tennessee Gov. Bill Haslam had some advice for truckers on the type of candidate to vote for in the midterm elections — but he didn’t name any names.

Eric Miller | Senior Reporter
October 30, 2018
Business, Technology, Fuel

Shell Lubricants Launches ProAcademy Web-Based Training

AUSTIN, Texas — Shell Lubricants announced the launch for fleet customers and noncustomers alike of Shell ProAcademy, an online modular learning tool intended to educate and retain technicians.

Roger Gilroy | Senior Reporter
October 30, 2018
Government, Business, Equipment

Carrie Underwood, Florida Georgia Line Perform for Trucking Execs at Freightliner Dinner

AUSTIN, Texas — Country music superstars Carrie Underwood and Florida Georgia Line performed back-to-back sets at the legendary music venue Austin City Limits to cap off the 2018 Freightliner Trucks customer appreciation dinner.

Seth Clevenger | Managing Editor, Features and Multimedia
October 30, 2018
Business, Technology, Logistics

EBE Launches InfoStream to Provide Regulatory Compliance Services

AUSTIN, Texas — EBE Technologies has established a new company, InfoStream, to provide management services that complement its core transportation software business.

Seth Clevenger | Managing Editor, Features and Multimedia
October 30, 2018
Business

Gainful Recruiting Hinges on Company Presentation, Experts Say

AUSTIN, Texas — Trucking firms can successfully recruit and retain young drivers by presenting an honest, cohesive image of their companies, according to a panel of industry experts.

Eleanor Lamb | Staff Reporter
October 30, 2018
Business, Technology

Decisiv Broadens Options for Managing Service-Related Data

AUSTIN, Texas — Decisiv Inc., a provider of service-relationship management solutions for fleets, announced Explore, a data analytics reporting tool that gives customers greater control in drilling down into the raw service-related data and customizing reports.

Roger Gilroy | Senior Reporter
October 30, 2018
Government, Business

Trucking U Introduces Students to Career Opportunities

AUSTIN, Texas — The trucking industry presents more career opportunities for young people than college and high school graduates may realize, university students said here during an educational program held at American Trucking Associations’ Management Conference & Exhibition.

Joe Howard | Executive Editor
October 30, 2018
Business, Safety

America’s Road Team Captain Herschel Evans Honored for Charitable Work

Herschel Evans is the first recipient of the Trucking Cares Foundation Premier Achievement Award. Evans, a driver for Holland and an America’s Road Team captain, was presented with an oversize check for $5,000 at American Trucking Associations’ Management Conference & Exhibition in Austin, Texas, on Oct. 29.

Marissa Gamache | Features Coordinator
October 30, 2018
Business, Fuel

BP Breaks From Peers to Unleash Cash Bet on Oil Staying High

BP is gearing up to leave European competitors in the dust, at least when it comes to spending the oil industry’s enormous cash pile. While Total SA and Equinor ASA signaled last week they still are keeping a tight rein on spending, BP showed Oct, 30 it is prepared to take some risks.

Kelly Gilblom | Bloomberg News
October 30, 2018