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.

Government, Business

EPA Announces $4 Million Program to Replace Older Diesel Engines at Ports

The U.S. Environmental Protection Agency said it has made $4 million available for ports to replace older diesel engines with newer cleaner-burning engines.

December 12, 2013
Business

Nevada Posts Truck-Stop Information on Web

Truck drivers who need a break in Nevada can find the nearest highway truck stop by checking online via laptop or mobile device, the state Department of Transportation said.

Scott Gutierrez | Staff Reporter
December 12, 2013
Business

Business Inventories Rise 0.7% in October

Business inventories rose 0.7% in October, and sales increased 0.5%, the Commerce Department reported Dec 12.

December 12, 2013
Business

Retail Sales See Largest Increase in 5 Months

Retail sales grew 0.7% in November, the largest increase since June, the Commerce Department reported Dec. 12.

December 12, 2013
Business

Jobless Claims Rise From Three-Month Low

Initial jobless claims rose from an almost three-month low last week, the Labor Department reported Dec. 12.

December 12, 2013
Business

Truckload Fleet Turnover Dips Modestly

Truckload fleets’ driver turnover dipped modestly in the third quarter, falling 2 percentage points to 97% from the second quarter at larger fleets and 8 percentage points to 74% at smaller operators, American Trucking Associations reported.

Rip Watson | Special to Transport Topics
December 11, 2013
Government, Business

House, Senate Agree on Budget Maintaining Current Highway Spending Levels

House and Senate budget negotiators have agreed on a budget deal that maintains current highway spending levels through Fiscal Year 2014.

Michele Fuetsch | Staff Reporter
December 11, 2013
Government, Business, Fuel

Senators, Business Air Disputes on Renewable Fuel

Senators questioned the usefulness of EPA’s Renewable Fuel Standard — which covers the production of biodiesel blended into truck fuel — with some calling for the abolition of the supports and other saying RFS should be modified to accommodate changes in the nation’s energy sector.

Jonathan S. Reiskin | Associate News Editor
December 11, 2013
Business

UPS Teamsters Approve Large Contract Rider

Teamsters who work at UPS Inc.’s package division approved the largest remaining barriers to implementation of a national contract that is the transport industry’s largest labor deal.

Rip Watson | Special to Transport Topics
December 11, 2013
Business, Logistics

XPO Agrees to Buy Landstar Unit for $87 Million

XPO Logistics Inc. said Dec. 11 it has agreed to purchase NLM, a web-based expediter, from Landstar System for $87 million in cash.

December 11, 2013