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, Fuel

Volvo Trucks OKs Use of Renewable Diesel for Its Engines

Volvo Trucks North America said it has approved the use of renewable diesel fuel, which can be made from biomass, in its engines.

December 10, 2015
Business

Report Shows Bump in Trucking Costs at Ports of Long Beach, Los Angeles

Port congestion is hitting Inland truckers in California in the pocketbook, according to a new report.

Fielding Buck | The (Riverside, Calif.) Press-Enterprise
December 10, 2015
Business, Fuel

Diesel Falters as El Nino Takes Bite From US Winter Demand

Diesel is the cheapest versus gasoline for this time of year in at least a decade as inventories surge and mild temperatures reduce heating demand.

Dan Murtaugh | Bloomberg News
December 10, 2015
Business

Consumer Comfort Steadies as Views of Economy Improve

Consumer confidence stabilized last week after faltering since mid-October as Americans’ perceptions about the U.S. economy and the buying climate improved.

Sho Chandra | Bloomberg News
December 10, 2015
Business

US Import Prices Extend Decline on Cheaper Fuel

U.S. import prices fell in November as the cost of petroleum and several goods continued to decline, suggesting that cheaper crude oil and a strong dollar will keep imported inflation pressures subdued for a while.

Lucia Mutikani | Reuters
December 10, 2015
Business

Jobless Claims Rise to Five-Month High

Applications for U.S. unemployment benefits jumped last week to a five-month high, interrupting steady labor-market progress.

Michelle Jamrisko | Bloomberg News
December 10, 2015
Business

Watch 'The Horn' and Share Your Memories With Mack

Mack Trucks has released a video, "The Horn," that has awakened a flood of memories for many, and Mack is encouraging followers to share those memories via social media.

December 9, 2015
Government, Business

Michigan Senate Considering Bills to Allow Toll Roads

LANSING, Mich. — State senators are considering legislation that would allow toll roads in Michigan as part of a broader package to provide for public-private partnerships and other alternative financing methods for infrastructure projects.

Paul Egan | Detroit Free Press
December 9, 2015
Business, Fuel

Pilot Flying J Donates $10 Million to Knoxville Schools to Modernize Football Fields

Pilot Flying J is donating $10 million over the next three years to provide athletic and academic support to the 13 public high schools in Knox County, Tennessee, including synthetic turf at each school for a football field.

December 9, 2015
Government, Business

Connecticut House Fails to Approve Transportation Lockbox Amendment

A proposed constitutional amendment to protect transportation funding from budget cuts came up 14 votes shy in Connecticut’s House of Representatives on Dec. 8, meaning the legislation won’t be on the state’s ballot next November.

David Elfin | Staff Reporter
December 9, 2015