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

CNBC Trucking Segment ‘Outrageously Inaccurate,’ ATA Says

American Trucking Associations called a recently aired show on CNBC about the trucking industry “outrageously inaccurate.”

August 6, 2014
Government, Business

Missouri Voters Reject Transportation Tax

Missouri voters have rejected a proposed constitutional amendment that would have raised the state’s sales tax from 4.225 cents to 5 cents for 10 years to pay for road improvements.

Michele Fuetsch | Staff Reporter
August 6, 2014
Business

DAT Report Shows Loads Rise 7.5% for Week

The latest DAT report of spot truckload load volume showed a 7.5% increase during the week ended Aug. 2 from the previous week.

August 6, 2014
Business, Fuel

Trade Gap Shrinks to Five-Month Low as US Imports Drop

The trade deficit in the U.S. unexpectedly narrowed in June, reflecting the biggest drop in imports in a year as the economy moved closer to energy independence.

August 6, 2014
Business, Fuel

DPF Sales Rise in California as Regulation Deadline Looms

Sales of diesel particulate filters for trucks and buses in California increased at the end of 2013 and in the first half of this year compared with the first half of 2013, according to a survey released Aug. 5 by the Manufacturers of Emission Controls Association.

Eric Miller | Senior Reporter
August 5, 2014
Business, Logistics

Expeditors’ Profit Dips in Second Quarter

Expeditors International of Washington’s second-quarter profit dipped 1%, but revenue increased.

August 5, 2014
Government, Business, Technology

Enhanced CSA Website Now Live

Enhancements to the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability public Safety Measurement System website have gone live.

Eric Miller | Senior Reporter
August 5, 2014
Business

Truck Orders Jump 70% to July Record

Class 8 truck orders surged 70% year-over-year to 29,900, the highest July on record, as trucking companies continued to shore up their fleets, ACT Research reported.

Michael G. Malloy | Web Editor
August 5, 2014
Business, Logistics

Intermodal Volume Rises 8.2% in Second Quarter

Intermodal volume in the second quarter rose 8.2%, an indication the industry is recovering from a harsh winter and a contracted economy, according to the Intermodal Association of North America.

August 5, 2014
Business

Ritchie Bros. Profit Rises to $38.6 Million

Ritchie Bros. Auctioneers’ second-quarter profit increased from a year ago in part on favorable tax rate and strong sales in Canada, according to a company statement.

August 5, 2014