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

Lower Your Battery Costs Easily

When fleets have discharged batteries, how should they deal with them? Battery manufacturers will honor warranties on failed batteries, but not all discharged batteries are necessarily faulty. Identifying a battery's condition is crucial to fleets that don't want to waste time and money returning or scrapping batteries that still could have life in them.

July 23, 2015
Business

Caterpillar Cuts 2015 Sales Forecast by $1 Billion

Caterpillar Inc., the largest manufacturer of construction and mining machinery, cut its full-year sales forecast after the U.S. dollar strengthened and said important end-user industries remain weak.

Sonja Elmquist | Bloomberg News
July 23, 2015
Business

Leading Indicators Climb More Than Forecast in June

The index of U.S. leading economic indicators increased more than forecast in June as historically low borrowing costs and a rebound in housing propelled growth.

Michelle Jamrisko | Bloomberg News
July 23, 2015
Business, Government, Logistics

Consumer Confidence Declines to Lowest Level in Five Weeks

Consumer confidence declined to a five-week low as Americans grew even more downbeat about the prospects for the economy.

Erin Roman | Bloomberg News
July 23, 2015
Business

Daimler Trucks Reports 50% Growth in Operating Income, Record North American Sales in 2Q

Daimler AG reported a 50% increase in operating income at its global truck division in the second quarter, led by record sales in North America.

Seth Clevenger | Managing Editor, Features and Multimedia
July 23, 2015
Business

Jobless Claims Fall to Lowest Level in Four Decades

The fewest Americans in four decades filed applications for unemployment benefits last week, continuing to unwind an early July surge that probably was tied to midyear factory shutdowns and school vacations.

July 23, 2015
Government, Business

Senate Votes to Proceed on Highway Bill

WASHINGTON — The Senate on July 22 agreed to take up a six-year highway measure that would require the Federal Motor Carrier Safety Administration to remove Compliance, Safety, and Accountability scores from public access until a comprehensive report and corrective plan about the scores is published.

Eugene Mulero | Senior Reporter
July 22, 2015
Business

Interstate 10 to Open One Lane Each Direction July 24

Interstate 10 will partially reopen July 24, officials have announced, bringing relief much sooner than expected to truckers and other motorists who depend on the route connecting Southern California and Phoenix.

July 22, 2015
Business

UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Billion

UPS Inc. is in talks to buy Coyote Logistics for about $1.8 billion, two people with knowledge of the matter said.

July 22, 2015
Business, Logistics

Intermodal Traffic Rises 2.3% for Week as Carload Decline Continues

U.S. rail intermodal traffic rose 2.3% for the week ended July 18 as carloads continued to decline, the Association of American Railroads reported.

July 22, 2015