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, Logistics

Change at the Top, New Firms on List Shape Annual Survey

The 2014 edition of Transport Topics’ Top 50 Logistics Companies list produced a few surprises, some fast movers and some new names.

November 19, 2014
Business, Logistics

The List: Transport Topics' 2014 Top 50 Logistics Companies

Here are the 2014 Transport Topics Top 50 Logistics Companies list, unveiled in list form.

November 19, 2014
Business, Logistics

Transport Topics Top 25 Listings: Brokerage Firms, Warehousing Firms, Dedicated Contract Carriers and Freight Forwarders

Here is the list of Transport Topics Top 25 Freight Brokerage Firms, Warehousing Firms and Dedicated Contract Carriers for 2014.

November 19, 2014
Business

Freight Rates Expected to Keep Rising on Capacity Issues

FORT LAUDERDALE, Fla. — The unanimous view from shippers and other participants at the National Industrial Transportation League meeting was that freight rate increases, particularly in trucking, will keep accelerating for two years or more because of unrelenting capacity issues.

November 19, 2014
Business, Logistics

Norfolk Southern to Acquire Stretch of Northeast Rail from CP for $217 Million

Norfolk Southern said it plans to acquire a stretch of the Delaware & Hudson rail lines from Canadian Pacific for $217 million.

November 19, 2014
Business

Volvo’s North American Deliveries Rise 21%

Volvo Group’s North American heavy-duty truck deliveries rose 21% in October from the same month last year, the company said Nov. 19.

Michael G. Malloy | Web Editor
November 19, 2014
Business

Longistics Designated as EPA SmartWay Partner

Longistics announced Nov. 19 that its transportation division has been designated an Environmental Protection Agency SmartWay program partner.

Michael G. Malloy | Web Editor
November 19, 2014
Business

Permits Rise to Six-Year High as Housing Starts Decrease

Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects.

November 19, 2014
Business

Wal-Mart Extends Trailer-Tracking Contract

I.D. Systems Inc. has extended a contract with Wal-Mart Stores Inc. to provide trailer tracking for the retailer’s fleet of cargo trailers.

November 19, 2014
Business

Producer Prices Climb on Services Costs

Wholesale prices in the U.S. unexpectedly increased in October as higher costs for services and food outweighed a slump in energy.

November 19, 2014