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

Home Prices in 20 US Cities Rose at Slower Pace in May

Home prices in 20 U.S. cities rose at a slower pace in the year ended May, keeping more properties within reach for prospective buyers.

July 28, 2015
Government, Business, Equipment, Safety

Senate Limits Debate, Inches Closer to Vote on Highway Bill

The Senate late on July 27 agreed to limit debate on a six-year highway bill, paving the way for final passage within days.

Eugene Mulero | Senior Reporter
July 27, 2015
Business

Navistar Completes Order to Supply Quality Cos. With 9,000 Trucks

Truck maker Navistar Inc. has finalized an agreement to supply Quality Cos., a subsidiary of truckload carrier Celadon Inc., with 9,000 Class 8 tractors during the next three years.

Seth Clevenger | Managing Editor, Features and Multimedia
July 27, 2015
Business

Daimler's Bernhard: Testing of Autonomous Trucks on German Roads Will Begin This Year

Daimler plans to test self-driving trucks as early as this year, the head of the company's global truck and bus unit told a German newspaper.

Reuters | By Andreas Cremer
July 27, 2015
Business

Freight Volumes Projected to Grow 29% Through 2026, ATA Report Says

Freight volumes are projected to increase by nearly 29% over the next 11 years, according to a report released by American Trucking Associations on July 27.

Josh Janney | Special to Transport Topics
July 27, 2015
Business

Chrysler to Buy Back Recalled Ram Pickups

Fiat Chrysler Automobiles NV has agreed to repurchase more than half a million vehicles — most of them Ram pickups — as part of a settlement with the federal government that also includes a record $105 million penalty for delaying action on safety defects in its vehicles, Bloomberg News reported.

July 27, 2015
Government, Business, Fuel

Hillary Clinton Declines to Say Where She Stands on Keystone XL

Hillary Clinton declined to weigh in on the Obama administration’s ongoing deliberations over the Keystone XL oil pipeline July 27, avoiding an issue that has become a litmus test for climate activists.

Jennifer Epstein | Bloomberg News
July 27, 2015
Business, Equipment

Alcoa Forms New Unit for Commercial Wheels

Alcoa Inc. has created a division to focus on the commercial wheels business as part of a corporate realignment.

July 27, 2015
Business

Menlo Brokerage Expands Into Eastern Europe

Menlo Freight Brokerage, part of Con-way Inc., announced the expansion of services in Eastern Europe through the opening of an office in Prague.

July 27, 2015
Business, Logistics

June Trailer Orders Jump 29% as Fleets Book Early 2016 Commitments

June trailer orders surged to nearly 27,900 units as fleets booked early commitments for 2016 production, ACT Research said.

Seth Clevenger | Managing Editor, Features and Multimedia
July 27, 2015