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.

Special Coverage, Business, Equipment

Detroit Radiator Introduces Powercool

Detroit Radiator Corp. will introduce its Powercool radiator this week at the Mid-America Trucking Show.

March 23, 2015
Business

Dicom Transportation Group Acquires Modern Forwarding of Ontario

Dicom Transportation Group of Montreal, Quebec, said it has acquired Modern Forwarding in Windsor, Ontario, as part of an effort to expand its capabilities in handling cross-border freight shipments.

March 23, 2015
Government, Business, Safety

Scott Darling Will Continue to Run FMCSA But Not in Acting Capacity

Transportation SecretaryAnthony Foxx has announced that Scott Darling will continue to run the Federal Motor Carrier Safety Administration, although without the title of acting administrator.

Michele Fuetsch | Staff Reporter
March 23, 2015
Special Coverage, Business

MATS 2015 Stands 'Good Chance' of Setting Attendance Record

Truck sales and orders suggest this could be the second-strongest year for North American heavy-duty vehicles on record, so the organizers of the Mid-America Trucking Show are paring the width of pedestrian aisles and chopping square footage for the food court to create more space for exhibitors.

March 23, 2015
Special Coverage, Business, Equipment

Belmor to Host 'Shipping Wars' Star at Booth

Belmor, a company that makes heavy-duty truck accessories, said a star of the television show “Shipping Wars” will be signing autographs at its booth.

March 23, 2015
Special Coverage, Business

ENow to Show Solar Technology on Wal-Mart Truck

ENow will display its latest solar-battery charging technology on a Wal-Mart truck at the Mid-America Trucking Show.

March 23, 2015
Special Coverage, Business

Prime Inc. to Conduct Driver Health Seminar

Advice on exercising and choosing smarter meal options on the road will be the focus of a special seminar being conducted by refrigerated truckload carrier Prime Inc. on March 28 at the Mid-America Trucking Show.

March 23, 2015
Government, Business

Texas DOT Begins Refunding Bungled Toll Fees

The Texas Department of Transportation started mailing $1.5 million in refund checks to some tollway drivers who were overbilled, the Associated Press reported.

March 23, 2015
Business

Gasoline Prices Slide as Crude Oil Falls to Six-Year Low

U.S. retail gasoline prices in the Lundberg Survey dropped as crude oil fell to the lowest level in six years.

Jessica Summers | Bloomberg News
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Dan Murtaugh | Bloomberg News
March 23, 2015
Business

Sales of Existing Homes Fall Short of 5 Million Pace

Sales of previously owned homes fell short of a 5 million annual rate in February for a second month, showing an industry struggling to gain traction amid rising prices and a lack of inventory.

Michelle Jamrisko | Bloomberg News
March 23, 2015