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

UPS to Buy Polish Health-Care Logistics Firm

UPS Inc. has agreed to purchase Poltraf, a Poland-based pharmaceutical logistics company.

Seth Clevenger | Managing Editor, Features and Multimedia
December 18, 2014
Business, Technology

LiveOnWeb: Replay and More of Your Questions Answered

What's ahead for trucking in 2015? Watch the replay of our Dec. 17 LiveOnWeb program, and the live chat on Dec. 18 that tackled more of your questions.

December 18, 2014
Business

Federal Panel Agrees to Consolidate Lawsuits Against Navistar

A federal panel in in Charleston, South Carolina, has approved a request by Navistar to consolidate and transfer to a federal court in Chicago 13 of 14 defective engine lawsuits filed against the truck maker in eight separate jurisdictions.

Eric Miller | Senior Reporter
December 18, 2014
Business

Daimler Raises Provision for European Union Dispute by $739 Million

Daimler AG, the world’s biggest truck maker, will increase provisions for a possible European Union antitrust fine by 600 million euros ($739 million) following a preliminary ruling by the regulator.

December 18, 2014
Business

Leading Economic Indicators Rise; Manufacturing Expands at Slower Pace in Philadelphia

An index of leading economic indicators increased 0.6% in November, the New York-based Conference Board said Dec. 18.

December 18, 2014
Government, Business

FMCSA’s Website Updates HOS Enforcement Guidance

The Federal Motor Carrier Safety Administration updated its website on Dec. 17 to reflect the recent suspension of parts of its hours of service rule, a change that took effect when President Obama signed a $1 trillion bill into law Dec. 16.

Eugene Mulero | Senior Reporter
December 18, 2014
Business

Jobless Claims Decrease to Lowest Level in Six Weeks

The number of Americans filing for unemployment benefits fell last week as the economy’s continued improvement tempered dismissals.

Nina Glinski | Bloomberg News
December 18, 2014
Government, Business

Cuomo to Ban Fracking; Health Officials Call It Unsafe

The New York state Health Department said fracking for natural gas can’t be done safely, dooming prospects that Governor Andrew Cuomo will end a six-year moratorium.

December 18, 2014
Business

Container Volume Mixed at Southern California Ports

Volume at the neighboring Southern California ports of Long Beach and Los Angeles was mixed, with Long Beach’s rising to its busiest November since 2007 and Los Angeles’ declining the same month.

December 17, 2014
Business

Container Volume Mixed at Southern California Ports

Volume at the neighboring Southern California ports of Long Beach and Los Angeles was mixed, with Long Beach’s rising to its busiest November since 2007 and Los Angeles’ declining the same month.

December 17, 2014