Business
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.
Home Prices Gained in 93% of Metro Areas Last Quarter
Home prices climbed in 93% of U.S. metropolitan areas in the second quarter, the broadest gain in a decade, led by Palm Bay and Port St. Lucie, Florida.
Tracy Morgan Crash: Wal-Mart Driver Fatigue, Unused Seat Belts Were Factors, NTSB Says
A Wal-Mart Stores Inc. driver hit a limo van carrying comic Tracy Morgan last year because he was so fatigued he didn’t notice traffic had slowed ahead of him, U.S. investigators found Aug. 11.
August 11, 2015Fueled by Low Pump Prices, Motorists to Drive More in August, Survey Says
Roughly one in three U.S. motorists expect to drive more in August as low gasoline prices help fuel optimism for the broader economy, a new retail survey released on Aug. 11 shows.
Productivity Barely Rebounds After Earlier Slump
Worker productivity struggled to gain traction in the second quarter after slumping over the previous six months, leaving intact the diminished efficiency that’s defined the current U.S. economic expansion.
BF Goodrich Announces Recall of About 129,000 Tires
BF Goodrich Tires is recalling approximately 129,000 tires that primarily are found on commercial light trucks, full-size heavy-duty vans, small RVs and some three-quarter and 1-ton pickup trucks.
August 10, 2015Gasoline Prices Slip to Three-Month Low in Lundberg Survey
Retail gasoline prices tumbled to the lowest level in more than three months in the Lundberg Survey as crude oil dropped for a sixth straight week.
NTDC 2015 State-by-State List of Competitors
Here's a state-by-state list of the competitors for the 78th annual National Truck Driving Championships and seventh annual National Step Van Driving Championships.
August 10, 2015Cargo Chief Introduces Platform to Help Shippers Find Hauling Capacity
Cargo Chief has launched a technology platform designed to connect shippers with hard-to-find truck capacity.
August 10, 2015Oil Rises From Five-Month Low
Oil rose from the lowest level in almost five months in New York as Chinese crude imports climbed to a record in July.
Import Cargo Expected to Rise as Retailers Prepare for Holiday Season
Import cargo at the nation’s ports is expected to rise this month as retailers begin to prepare for the holiday season, according to the National Retail Federation.
August 10, 2015