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

Housing Starts Plunge by the Most in Four Years

Beginning home construction plunged in February by the most in four years on colder-than-usual temperatures and snowstorms in parts of the U.S., while an increase in building permits indicated the drop may prove temporary.

Michelle Jamrisko | Bloomberg News
March 17, 2015
Government, Business

ATA, Nearly 40 Others Pressure Congress Not to 'Devolve' Federal Transportation Funding

American Trucking Associations and nearly 40 other trade groups and businesses have sent a letter calling on Congress to pass a long-term transportation bill while opposing any move toward devolution.

Michele Fuetsch | Staff Reporter
March 16, 2015
Business

Teamsters Win California FedEx Freight Election

The Teamsters won their first representation election in nearly four months at FedEx Freight when drivers at the largest less-than-truckload carrier’s Stockton, California, terminal voted in favor of the union.

March 16, 2015
Business

N.Y. Thruway Authority Has Bridge to Build and No Plan to Pay

President Obama used a photo of the Tappan Zee Bridge on his budget book last month to symbolize effective government. The New York agency building a $4 billion replacement span presents a different picture.

Freeman Klopott | Bloomberg News
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Martin Z. Braun | Bloomberg News
March 16, 2015
Business, Fuel

Speed Limits May Not Stop Fiery Oil Spills, Rail Chief Says

Lower speed limits for railroads may be ineffective at keeping oil trains on the tracks and preventing massive fireballs, such as those triggered in a series of recent derailments, the chief U.S. railroad regulator said.

Jim Snyder | Bloomberg News
March 16, 2015
Business

Factory Production Drops for Third Consecutive Month

Factory production in the U.S. declined in February for a third consecutive month, a sign cutbacks in manufacturing will hold back economic growth this quarter.

March 16, 2015
Business

Confidence Among Homebuilders Falls to Eight-Month Low

Confidence among U.S. homebuilders unexpectedly fell in March to an eight-month low as prospective buyers were in little rush to shop for properties ahead of the busier spring selling season.

Michelle Jamrisko | Bloomberg News
March 16, 2015
Business, Technology

iTECH: Companies Seek Expertise in Many Disciplines

Technology companies clearly need programmers and developers who can write computer code, but that is only the start.

March 16, 2015
Business, Technology

iTECH: IT Interns Share Their Stories

Chase Plante, Derrick Henderson and Luis Silva began their careers at technology companies as college interns.

March 16, 2015
Business, Technology

iTECH: Talent Search

Tech talent is in high demand at the technology companies that serve the freight transportation industry, representatives from several companies said.

March 16, 2015