Business
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.
Durable Goods Orders Increase on Demand for Military Aircraft
Orders for durable goods rose 0.4% in October, mainly on a jump in demand for military aircraft, the U.S. Commerce Department said Nov. 26.
November 26, 2014Consumers Stay Within Means as US Spending Matches Income
Consumer spending in the United States climbed in October at the same pace as incomes, showing households are staying within their means as the holiday-shopping season begins.
November 26, 2014Jobless Claims in US Increase to Almost Three-Month High
More Americans than forecast filed for unemployment benefits last week, a possible sign the pace of improvement in the labor market has cooled.
November 26, 2014Accuride Negotiates Long-Term Contract at Illinois Plant
Industry supplier Accuride Corp. announced that it has negotiated a contract with the UAW labor union representing workers at its Rockford, Illinois, plant that will extend into 2019.
November 26, 2014UPS Applauds Tentative U.S.-Mexico Aviation Agreement
UPS Inc. said it supports a tentative agreement reached by the United States and Mexico that would provide greater air network opportunities by allowing express carriers to serve the Mexican and Latin American markets.
November 26, 2014McCandless Truck Center Buys Colorado Dealership
McCandless Truck Center, an International truck dealership based in Aurora, Colorado, has acquired truck dealership Hanson International of Western Colorado.
November 25, 2014Nafta Trade Rises 8.2%
U.S. trade with Canada and Mexico rose 8.2% in September to $102.2 billion from a year ago, the Department of Transportation reported Nov. 25.
November 25, 2014Consumer Confidence in U.S. Declines From Highest in Seven Years
Consumer confidence unexpectedly declined in November from a seven-year high as Americans became less upbeat about the economy and labor market.
Wyoming's John Cox Elected AASHTO President
The American Association of State Highway and Transportation Officials Board of Directors has elected Wyoming Department of Transportation Director John Cox as the association’s president.
November 24, 2014Diesel Drops 3.3¢ to $3.628; Gas Plunges 7.3¢ to Four-Year Low
Diesel fell 3.3 cents to $3.628 a gallon, a half-cent above the 3½ year low level of three weeks ago, the Department of Energy reported Nov. 24.