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

Americans Kept Spending in June to End Stronger Second Quarter

American households kept spending in June, capping a stronger quarterly performance for the biggest part of the economy.

August 3, 2015
Business, Technology

Hacked Jeep Exposes Weak Underbelly of High-Tech Vehicles

The Jeep Cherokee brought to a halt by hackers exposed wireless networks as the weakest link in high-tech vehicles, underscoring the need to find fast over-the-air fixes to block malicious intrusions.

Jordan Robertson | Bloomberg News
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August 3, 2015
Letters to the Editor, Business

Letter: Technology Overload

There is so much written about the benefits of onboard technology, such as the Opinion piece “Maximizing Benefits of Onboard Technology”, that the articles sound like sales pitches for onboard technology manufacturers.

August 3, 2015
Perspective, Business

Opinion: California’s Zero-Emissions Plan on the Horizon

This year, the freight movement sector will be facing the development of new emissions rules affecting trucking, warehousing and distribution centers in California.

August 3, 2015
Editorial, Business

Editorial: Good News, Bad News

Following the congressional and presidential wrangling over a multiyear surface transportation plan is enough to make your head explode, so try not to dwell on that alone.

August 3, 2015
Business, Logistics

June Trailer Orders Jump

New trailer orders surged to nearly 27,900 units in June, defying normal seasonal patterns as fleets booked early commitments for 2016 production, ACT Research said.

Seth Clevenger | Managing Editor, Features and Multimedia
August 3, 2015
Business

Congress Passes 3-Month Patch to Continue Highway Funding

The Senate on July 30 approved both a House-passed, three-month extension of funding authority for highway programs and a six-year highway policy designed to reform several trucking regulations.

Eugene Mulero | Senior Reporter
August 3, 2015
Business

Growth in International Business Aids UPS’ Profits in 2nd Quarter

UPS Inc. second-quarter net income rose to $1.23 billion, or $1.35 per share, helped by stronger results in the international sector, the parcel carrier said last week.

Rip Watson | Special to Transport Topics
August 3, 2015
Business

TT Archives: Hoffa Appeals Conviction

A comment by Teamsters President James Hoffa that “there would be a new general president” if he is sent to prison for jury tampering is page one news for Transport Topics in 1965.

August 3, 2015
Business

Most LTL Profits Rise in 2Q, Lifted by Higher Freight Rates

Second-quarter earnings in the less-than-truckload sector mostly trended upward, fleets said last week, although profitability at the third-largest LTL carrier, Con-way Freight, declined by 16%.

Rip Watson | Special to Transport Topics
August 3, 2015