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

Long Beach Container Business Rises 6.3% in October

Container traffic at the Port of Long Beach, California, rose 6.3% last month, with help from increased exports, to post the best October total in eight years.

November 10, 2015
Business, Fuel

Crude Oil Rises From Two-Week Low as Market Appears to Tighten

Oil climbed from a two-week low amid speculation that the buildup of U.S. crude inventories will soon end as refinery demand increases.

Mark Shenk | Bloomberg News
November 10, 2015
Business

Wage Gains Seen for Workers at Small Companies

Wage growth is poised to accelerate at small U.S. companies this month after a slowdown in October.

Kenneth Kohn | Bloomberg News
November 10, 2015
Business

Introducing Top 100 For-Hire Individual Company Pages

Transport Topics has expanded its Top 100 For-Hire Carrier rankings to include individual company pages with previously unpublished data for every company on our list. Check it out, and watch for our randomly selected Top 100 Company of the Day on the bottom of ttnews.com each weekday morning!

November 9, 2015
Business

Canadian Pacific Said to Explore Norfolk Southern Takeover

Canadian Pacific Railway, the second-largest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry, according to people familiar with the matter.

Ed Hammond | Bloomberg News
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November 9, 2015
Government, Fuel, Business

Alabama Governor Endorses Fuel-Tax Hike, Predicts it Will Pass in 2016

Alabama Gov. Robert Bentley said he believes that the state’s Legislature will pass a fuel-tax increase that he has endorsed to pay for infrastructure improvements.

David Elfin | Staff Reporter
November 9, 2015
Business

FourKites Wins Dismissal of MacroPoint Patent Suit

A U.S. District Court judge dismissed a suit by freight tracking technology provider MacroPoint that competitor FourKites had infringed on a MacroPoint patent.

November 9, 2015
Business, Logistics

Global GDP Worse Than Official Forecasts Show, Maersk Says

The world’s economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.

November 9, 2015
Business, Logistics

Homes Evacuated as Second Train in Two Days Derails in Wisconsin

A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Nov. 8, knocking 13 cars off the tracks, spilling oil and leading 35 homes to be evacuated, in the state's second derailment in two days.

November 9, 2015
Business

Evolving Battery Systems Could Hold Key To Better Reliability, Power Management

Trucking industry groups and suppliers are exploring a variety of battery technologies that could better manage the power demands of tomorrow’s trucks while providing greater longevity and reliability.

Steve Sturgess | Special to Transport Topics
November 9, 2015