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

Publishing Exec Brad Bentley Hired as President of Truckload Carriers Association

Alabama publishing executive Brad Bentley has accepted the presidency of the Truckload Carriers Association and will begin Oct. 13, both parties confirmed Sept. 18.

Jonathan S. Reiskin | Associate News Editor
September 18, 2014
Government, Business

FMCSA Shuts Down Florida Carrier

The Federal Motor Carrier Safety Administration on Sept. 18 said it shut down a Florida-based motor carrier for violating various federal safety regulations, such as allowing drivers who tested positive for drugs to operate vehicles.

Eugene Mulero | Senior Reporter
September 18, 2014
Business, Technology

Tech Vendors Announce McLeod Integrations

OXON HILL, Md. — Several technology vendors announced deeper integrations with McLeod Software’s products last week in conjunction with the company’s 2014 user conference here.

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

ATRI Releases Sustainable Freight Practices Compendium

The American Transportation Research Institute has released a compendium of sustainable freight practices.

Michael G. Malloy | Web Editor
September 18, 2014
Business, Safety, Autonomous

Volvo’s North American Deliveries Rise 22% in August

Volvo Group’s North American heavy-duty truck deliveries rose 22% in August from the same month last year, the company reported Sept. 18.

September 18, 2014
Business, Technology, Equipment, Safety

Bendix to Debut Next-Gen Truck Safety System in 2015

Bendix Commercial Vehicle Systems said it will debut in 2015 an advanced next-generation safety system for trucks that fuses camera, radar and brakes.

September 18, 2014
Business

Container Volume at S.C. Ports Rises 13% in August

Container volume at South Carolina ports increased 13.3% in August from the same month last year, according to the state’s port authority.

September 18, 2014
Business

Housing Starts Drop in August

Housing starts slumped in August after reaching the highest level in almost seven years, pointing to an uneven pickup in the U.S. residential real-estate market that will limit its contribution to economic growth.

September 18, 2014
Business

Jobless Claims Decline to Two-Month Low of 280,000

The number of Americans filing applications for unemployment benefits plunged last week to a two-month low, a sign the labor market continues to strengthen.

September 18, 2014
Business

FedEx Corp’s First-Quarter Income Rises 24% to $606 Million

FedEx Corp. reported its fiscal first-quarter net income rose 24% to $606 million, or $2.10 per share, from $489 million, or $1.53, a year ago.

September 17, 2014