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

New York Manufacturing Rises to Highest Level in a Year

Manufacturing activity in the New York region expanded in January to the highest level in more than a year, the Federal Reserve Bank of New York said Jan. 15.

January 15, 2014
Business

Producer Prices Rise for First Time in Three Months

Prices paid to U.S. producers rose for first time in three months, increasing 0.4% in December, the Labor Department reported Jan. 15.

January 15, 2014
Business

Abramson Leaves Transport Topics

Howard Abramson, publisher and editorial director of Transport Topics Publishing Group, has left the organization, American Trucking Associations announced.

January 14, 2014
Business

Rush Enterprises Acquires Assets of Dealerships in Illinois, Indiana

Commercial truck dealer Rush Enterprises said it has acquired the assets of dealerships in Indiana and Illinois and interests of Idealease of Chicago for $145 million.

January 14, 2014
Business

Retail Sales Rise in December

Retail sales grew 0.2% in December, the Commerce Department reported Jan. 14.

January 14, 2014
Business

Import Price Unchanged in December

The price of goods imported to the United States was unchanged in December after declining the prior month, the Labor Department reported Jan. 14.

January 14, 2014
Business, Fuel

Diesel Slides 2.4ยข to $3.886 a Gallon; Gasoline Dips

Diesel fell 2.4 cents to $3.886 a gallon, its first decline in four weeks, the Department of Energy reported Jan. 13.

Michael G. Malloy | Web Editor
January 13, 2014
Business

UPS Freight Teamsters Approve 5-Year Pact

UPS Freight employees in the Teamsters union approved a five-year agreement that gives workers a total $2.50 per hour wage boost that the union said makes them the best-paid drivers in the less-than-truckload industry.

Rip Watson | Special to Transport Topics
January 13, 2014
Business

Annual Sales of Nat Gas Trucks and Buses Expected to Reach 400,000 by 2022

Worldwide annual sales of natural-gas trucks and buses are expected to rise to nearly 400,000 in 2022, according to a recent report.

January 13, 2014
Business

Navistar Launches Online Truck Configuration Tool

Navistar Inc. said it has updated and re-designed its online truck configuration tool to allow customers to virtually design several models.

January 13, 2014