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

Trade Gap Widens on Drop in US Exports

The trade deficit widened in October as weaker foreign orders for U.S. goods and services outweighed a cooling in imports.

Michelle Jamrisko | Bloomberg News
December 4, 2015
Business

Stemco Database Cross-References Replacement Part Numbers

Component supplier Stemco said it launched an online cross-reference platform customers can use to find its replacement part numbers.

December 4, 2015
Business

Craftsmen Trailer Acquires Third Utility Dealership

Utility Trailer Manufacturing Co. announced Craftsmen Trailer LLC acquired the Utility dealership located in Davenport, Iowa, from Thompson Truck and Trailer.

December 4, 2015
Business

4-Year-Old Tests 18-Ton Volvo Truck; Mayhem Ensues

In its latest Live Test series of videos, Volvo Trucks put 4-year-old Sophie in charge of its 18-ton FMX construction truck and, predictably, mayhem ensued.

December 3, 2015
Business

November Truck Orders Plummet From 2014 Pace

Class 8 truck orders totaled about 16,500 units in November, a plunge of about 60% year-over-year, analysts said, citing preliminary numbers.

December 3, 2015
Government, Business

Transportation Activity Declined in October and November, Fed Says

The overall economy increased at a modest pace in most regions of the country from late October to November, but transportation was softer, the Federal Reserve reported.

December 3, 2015
Business

Service Industries Grow at Slower Pace in November

Service industries in the United States expanded in November at the slowest pace in six months, indicating malaise in manufacturing is impeding progress in other parts of the economy.

December 3, 2015
Business

Consumer Comfort at One-Year Low as Buying Climate Dims

Consumer confidence fell last week to a one-year low as households’ views on the U.S. buying climate deteriorated by the most since December 2011.

December 3, 2015
Business

Initial Jobless Claims Rise to 269,000

Applications for unemployment benefits in the United States rose last week, maintaining a see-saw pattern around four-decade lows that shows persistent strength in the labor market.

December 3, 2015
Business

House Sets Up Dec. 3 Vote on Highway Bill

A five-year, $305 billion highway policy bill that would reform a safety performance scoring program for motor carriers and establish a grant program for national freight projects has been scheduled for a vote on the House floor Dec. 3.

Eugene Mulero | Senior Reporter
December 2, 2015