Business
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.
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, 2014Producer 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, 2014Abramson Leaves Transport Topics
Howard Abramson, publisher and editorial director of Transport Topics Publishing Group, has left the organization, American Trucking Associations announced.
January 14, 2014Rush 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, 2014Retail Sales Rise in December
Retail sales grew 0.2% in December, the Commerce Department reported Jan. 14.
January 14, 2014Import 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, 2014Diesel 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.
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.
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, 2014Navistar 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