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, Technology

Drivers Urged to Use On-the-Job Experiences to Update Vendors’ Navigation Map Software

For some routing technology companies, feedback from the front lines — the truck drivers who can see first-hand when something in the road does not conform to what their navigation devices say — can be some of the most valuable information on their maps.

November 27, 2013
Business, Safety

Thanksgiving Highway Travel to Fall Slightly, AAA Predicts

The number of Americans traveling more than 50 miles by car for the Thanksgiving weekend will fall 1.5% from last year to 43.4 million, auto group AAA predicted.

Timothy Cama | Staff Reporter
November 27, 2013
Business

Durable Goods Orders Drop in October

Durable goods orders declined 2% in October, the Commerce Department said Nov. 27.

November 27, 2013
Business

Jobless Claims Fall to Two-Month Low

Initial jobless claims fell to a two-month low last week, the Labor Department reported Nov. 27.

November 27, 2013
Business, Fuel

Diesel Rises for First Time in 12 Weeks; Gas Sees Biggest Increase Since July

Diesel’s price increased for the first time in 12 weeks, gaining 2.2 cents to $3.844 a gallon, the Department of Energy reported Nov. 25.

Michael G. Malloy | Web Editor
November 26, 2013
Government, Business

Appeals Court Denies AIPBA Request to Stay FMCSA Broker Bond Rule

A federal appeals court denied a request to postpone enforcement of a Federal Motor Carrier Safety Administration rule that would increase to $75,000 from $10,000 the minimum amount of a surety bond the businesses must carry.

Jonathan S. Reiskin | Associate News Editor
November 26, 2013
Business

Bridge, Tunnel Tolls to Rise in New York By $10 For Truckers

Trucks will have to pay $10 more starting Dec. 1 to travel into Manhattan across the bridges or through the tunnels operated by the Port Authority of New York and New Jersey.

Michele Fuetsch | Staff Reporter
November 26, 2013
Government, Business

FMCSA Shuts Down Five Moving Companies

FMCSA has shut down five household-goods moving companies in three states, alleging that the carriers were “holding customer shipments hostage and failing to turn over records related to their investigations.”

Jonathan S. Reiskin | Associate News Editor
November 26, 2013
Business, Technology

Vista Wraps Omnitracs Purchase, Plans to Buy Roadnet

Vista Equity Partners said it has completed its acquisition of onboard communications business Omnitracs Inc. and  announced an agreement to purchase Roadnet Technologies Inc., a provider of fleet management software.

Seth Clevenger | Managing Editor, Features and Multimedia
November 26, 2013
Business

Maritime Agency Report Assesses Canal Expansion

The Maritime Administration has released a Panama Canal expansion report that tentatively concluded that increased competition would lower freight costs through East Coast and West Coast ports once larger ships can use the waterway.

Rip Watson | Special to Transport Topics
November 26, 2013