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.

Special Coverage, Business

National Carrier Exchange Launches Free Online Logistics Platform

LOUISVILLE, Ky. — Software provider National Carrier Exchange Inc. announced a free online logistics platform for freight carriers that allows real-time tracking and live mapping of its trucks at all times.

March 31, 2016
Business

Mack Trucks Appoints Senior Vice President for North American Sales

A 23-year veteran of the heavy-duty commercial vehicle business soon will be responsible for Mack Trucks' North American sales, the Greensboro, N.C., company announced March 30.

Jon Harris | The Morning Call (Allentown, Pa.)
March 31, 2016
Special Coverage, Business

Live Blog: The 2016 Mid-America Trucking Show

Make this your one-stop shop for live coverage of the 2016 Mid-America Trucking Show from the Kentucky Expo Center in Louisville, Kentucky March 31-April 2. Get social media coverage as well as links to Transport Topics stories and photos throughout the event.

March 31, 2016
Business

Consumer Comfort Falls to Three-Month Low

Consumer comfort declined the week of March 21 to a three-month low as Americans’ attitudes about the economy and their financial prospects deteriorated.

Tatiana Darie | Bloomberg News
March 31, 2016
Business

Initial Jobless Claims Rose Last Week to Two-Month High

The number of applications for unemployment benefits in the U.S. climbed last week to a two-month high, a sign of more moderate labor market progress.

March 31, 2016
Business, Logistics

FedEx Wins Brazil’s Final Approval of TNT Acquisition

Brazil’s regulatory agency has given final approval to the planned $4.9 billion combination of FedEx Corp. and European package and logistics operator TNT N.V., turning aside an appeal from rival UPS Inc.

March 30, 2016
Business

Fiepke Abruptly Leaves Kentucky Trucking Association

Jamie Fiepke abruptly stepped down as president of the Kentucky Trucking Association to accept a position with American Fuji Seal, a provider of labels and packaging.

March 30, 2016
Business

Landstar Lowers First-Quarter Profit Outlook

Landstar System Inc. lowered its first-quarter earnings outlook by as much as 5 cents per share due to higher than expected insurance costs and lower than forecast revenue.

March 30, 2016
Business

Former USA Truck CEO Simone Dies at 54

Former USA Truck Inc. CEO John Simone has died at 54.

March 30, 2016
Business

Truck Parking Shortage Pits Washington Town Against Truckers

At the sprawling truck stop just off Interstate 90 in North Bend, Washington, the drivers of big rigs line up to refuel, pause for federally mandated rest breaks, take showers and grab hot meals.

Lynn Thompson | The Seattle Times
March 30, 2016