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

Factory Goods Orders Fall, But Trend Points to Recovery

New orders for U.S.-made goods fell in November, weighed down by a plunge in the volatile civilian aircraft category, but the underlying trend suggested manufacturing is gradually firming.

Lucia Mutikani | Reuters
January 6, 2017
Business

Trucking Adds 1,400 Jobs in December, Department of Labor Reports

For-hire trucking gained 1,400 jobs in December, while overall payrolls increased by 156,000, the Labor Department reported Jan. 6.

January 6, 2017
Business

Mack Expands Test of Hybrid Trucks

Mack Trucks said it was developing an additional prototype of heavy-duty zero-emissions trucks for evaluation in Southern California, which has some of the worst air quality in the nation.

January 6, 2017
Business, Logistics

Union Pacific Acquires Fruit, Vegetable Shipping Firm Railex

Union Pacific, the nation’s largest railroad, has acquired the refrigerated and cold-storage facilities of Railex in Rotterdam, N.Y., Wallula, Washington, and Delano, California.

John Cropley | The Daily Gazette (Schenectady, N.Y.)
January 6, 2017
Business

Trade Deficit Widened in November to a Nine-Month High

The U.S. trade deficit widened to a nine-month high in November as exports fell and companies and governments imported the most since August 2015.

Patricia Laya | Bloomberg News
January 6, 2017
Business, Fuel

Tailpipe, Crankcase Highest Sources of Methane Emissions in Natural-Gas Vehicles, Study Finds

Vehicle tailpipe and crankcase emissions are the highest sources of methane emissions from heavy-duty natural gas-fueled vehicles and the fueling stations that serve them, according to a study by West Virginia University scientists.

January 6, 2017
Business, Equipment

Class 8 Orders Cleared 20,000 in December

Class 8 orders cleared 21,000 in December, ending the year on a solid but lukewarm note, analysts said.

January 5, 2017
Business

Radiant Logistics and NFI Make Canadian Purchases

The new year began with two acquisitions from U.S. third-party logistics providers looking to increase their business in Canada.

January 5, 2017
Business

R+L Carriers to Build $7 Million Terminal in South Carolina

R+L Carriers, a less-than-truckload company, will spend $7 million to construct a 50,000-square-foot distribution terminal in Hampton County and add up to 25 new jobs in 2017, according to the South Carolina Commerce Department.

January 5, 2017
Business, Safety, Government, Technology, Equipment

Consumer Comfort Gauge in 2016 Was Strongest in Nine Years

American households were more upbeat last year on average than at any time since 2007, according to figures in the Bloomberg Consumer Comfort Index released Jan. 5.

Vince Golle | Bloomberg News
January 5, 2017