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, Technology, Autonomous

UPS, Google’s Schmidt Invest in Uber-Type Delivery Startup

Google Inc. chairman Eric Schmidt and UPS Inc. have invested in Roadie Inc., a service that links people who want packages shipped with people willing to drive them.

Michael Sasso | Bloomberg News
January 27, 2015
Business, Safety, Government, Logistics

TSE Changes Name to Redwood Logistics

Transportation Solutions Enterprises, a Chicago-based company that provides a variety of transportation services, has changed its name to Redwood Logistics.

January 27, 2015
Business

Jan. 27 Roundup: Oshkosh, Caterpillar Earnings Decline

Specialty truck maker Oshkosh Corp. reported its fiscal first-quarter profit declined from a year ago, and Caterpillar Inc. said its fourth-quarter income fell.

January 27, 2015
Business

Sales of New Homes Rise to Highest Level in Six Years

Purchases of new homes in the U.S. jumped in December to the highest level in more than six years, a sign the industry is poised to keep expanding in 2015.

Shobhana Chandra | Bloomberg News
January 27, 2015
Business, Technology

Orders for Capital Goods Decline, Signaling Global Growth Slowdown

Orders for business equipment unexpectedly fell in December for a fourth month, signaling a global growth slowdown is weighing on American companies.

Michelle Jamrisko | Bloomberg News
January 27, 2015
Government, Business, Safety, Autonomous

Fierce Snowstorm Still Stalling Freight in New England; N.Y., N.J. Open Roads

New York and New Jersey have reopened their roads, but freight traffic was stalled in upper New England as snow continued to fall farther north in Massachusetts and Maine and trucks were forced to layover in states to the south and west.

Michele Fuetsch | Staff Reporter
January 27, 2015
Business

Blizzard Dies Out in New York, Roars Through New England

The New York region lurched back to life after a storm advertised as a potentially life-threatening blizzard ended up as a mundane winter snowfall.

January 26, 2015
Business

FedEx Delivers Lombardi Trophy for Super Bowl XLIX

FedEx Corp. played an important role in the preparations for Super Bowl XLIX by delivering a key piece of hardware to the game — the Vince Lombardi Trophy.

January 26, 2015
Business

West Coast Negotiators Reach Chassis Deal

West Coast port contract negotiators have reached an agreement on how to handle chassis-related issues, raising hopes for a tentative contract agreement.

January 26, 2015
Government, Business, Fuel, Safety, Autonomous

Trucking Industry to Congress: Raise Fuel Taxes

American Trucking Associations is calling on members of the 114th Congress to approve an increase of federal fuel taxes to fund infrastructure programs under a long-term highway bill this year.

Eugene Mulero | Senior Reporter
January 26, 2015