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, Logistics

The Trucking Spelling Bee: Take the Quiz!

In honor of the 2015 Scripps National Spelling Bee that took place in Washington, D.C., May 27-28, we put together a quick little Trucking Spelling Bee of our own. See how well you know the correct spelling for these trucking terms!

May 29, 2015
Business, Logistics

DHL Investing $108 Million to Expand Northern Kentucky Airport Hub

DHL said May 29 it is investing $108 million in its Cincinnati/Northern Kentucky airport hub to meet growth demand in international e-commerce and global trade growth.

Michael G. Malloy | Web Editor
May 29, 2015
Business

Hadley Selects Bronz as CEO

Truck component supplier Hadley has selected Thomas Bronz as CEO after the retirement of Robert Dubsky.

May 29, 2015
Business

Amazon Expands Free Same-Day Delivery

Amazon.com Inc. will offer free same-day delivery to Amazon Prime subscribers in 14 metropolitan areas, putting 1 in 6 Americans within reach of the online retailer’s speedy service that provides a time-saving alternative to a trip to the store.

May 29, 2015
Business, Government, Logistics

Consumer Sentiment Drops in May to Six-Month Low

Consumer confidence in the United States fell to a six-month low in May as Americans became less sanguine about the prospects for the economy.

May 29, 2015
Business

Tracy Morgan, Wal-Mart Settle Lawsuit Over Jersey Crash

Tracy Morgan and Wal-Mart Stores Inc. settled the actor-comedian’s lawsuit over a New Jersey Turnpike crash that had left him in a coma for days and killed another comedian.

May 28, 2015
Business, Fuel

Crude Oil Price Falls Amid Ample US Supply, Output Gain

The price of oil fell in New York on May 27 on ample U.S. crude stockpiles as output surged to a record.

Mark Shenk | Bloomberg News
May 28, 2015
Government, Business

Nafta Trade Drops, But Truck Freight Rises

U.S. trade with Canada and Mexico fell in in March from a year ago to $96.1 billion, but three of five transportation modes — trucks, railroads and air — rose year-over-year, the Department of Transportation reported.

Michael G. Malloy | Web Editor
May 28, 2015
Government, Business

House Lawmaker’s Bill Would Add $15 Billion Annually to Highway Trust Fund

Rep. Bruce Westerman (R-Ark.) introduced legislation this month that he said would add up to $15 billion a year to the Highway Trust Fund over the next decade through changes to the Medicaid expansion match rates established under President Obama’s signature health-care law.

Eugene Mulero | Senior Reporter
May 28, 2015
Business, Equipment

Accuride to Supply Daimler Trucks With Gunite Brake Drums

Component maker Accuride Corp. signed a multiyear agreement with Daimler Trucks North America to supply its cast-and-machined Gunite brake drums to Daimler’s aftermarket parts group.

Michael G. Malloy | Web Editor
May 28, 2015