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

Southbound Lanes of I-495 Bridge in Delaware Reopen

The southbound lanes of the I-495 Christina River Bridge in Wilmington, Delaware, have reopened a month ahead of schedule, state transportation officials said.

Eric Miller | Senior Reporter
August 1, 2014
Business

Trucking Adds 2,300 Jobs in July

Trucking added 2,300 jobs in July and the U.S. unemployment rate rose to 6.2% as more people entered the workforce, Labor Department reported Aug. 1.

August 1, 2014
Business

Personal Spending Rises by Most in Three Months

Personal spending rose by the most in three months in June, rising 0.4%, the Commerce Department reported Aug. 1.

August 1, 2014
Business

U.S. Factory Activity Expands by Most in Three Years, ISM Says

U.S. factory activity expanded in July at the fastest pace in more than three years, the Institute for Supply Management reported Aug. 1.

August 1, 2014
Business, Logistics

Weekly Intermodal Rail Traffic Rises 3.3% to More Than 260,000 Units

U.S. rail intermodal traffic increased 3.3% in the week ended July 26 compared with the same week last year, the Association of American Railroads reported.

August 1, 2014
Government, Business

House, Senate Send $10.8B Highway Trust Fund Fix to President

A $10.8 billion bill to boost the Highway Trust Fund through May passed the House and Senate on July 31, shortly before lawmakers left Washington for a five-week recess.

Eugene Mulero | Senior Reporter
July 31, 2014
Business

YRC Worldwide Reduces Second-Quarter Loss

YRC Worldwide Inc. narrowed its second-quarter loss to $4.9 million, or 16 cents per share, from $15.1 million, or $1.72 per share, and raised revenue 6% to $1.32 billion.

July 31, 2014
Government, Business, Fuel

House Rejects Tax Equalization For LNG

The U.S. House has stripped a provision from the highway bill that sought to eliminate the tax disparity between diesel and liquefied natural gas.

Michele Fuetsch | Staff Reporter
July 31, 2014
Government, Business, Logistics

Senate Confirms Top DOT Nominees

The Senate on July 24 easily confirmed the nominations of two Transportation Department officials for senior positions.

Eugene Mulero | Senior Reporter
July 31, 2014
Business

Law Enforcement Disparities Create Uneven Playing Fields, Study Shows

State law enforcement disparities create uneven safety playing fields for carriers that have different operating patterns and mileage exposure, according to an American Transportation Research Institute study released July 31.

Eric Miller | Senior Reporter
July 31, 2014