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, Logistics

Mexico Plans to Invest $100 Billion in Ports, Rail, Roads

The Mexican government said it would invest close to $100 billion in road, port and rail projects over the next five years, the Associated Press reported.

July 17, 2013
Business

Housing Starts Fall to Lowest Level in a Year

June housing starts fell 9.9% to the lowest level in a year, the Commerce Department said Wednesday.

July 17, 2013
Business, Technology

EBE Partners With Truckop.com to Streamline Parts Ordering

EBE Technologies Inc., a transportation management and workflow company, said it has partnered with Truckop.com to streamline the truck-part ordering process.

July 17, 2013
Business

Navistar Launches Heavy-Duty WorkStar

Navistar Inc. said Tuesday it has launched its heavy-duty International WorkStar vocational truck, powered by the company’s 13-liter engine with selective catalytic reduction emissions technology.

July 16, 2013
Business, Fuel

Love’s Travel Stops Offers DEF at All Locations

Love’s Travel Stops said it is now offering diesel exhaust fluid at the pump for truck drivers at its 245 U.S. locations.

July 16, 2013
Government, Business

Ohio Turnpike Commission Approves 10-Year Toll Plan

The Ohio Turnpike and Infrastructure Commission has approved a 10-year toll plan that’s expected to increase rates by about 2.7% annually for cars and trucks.

Michele Fuetsch | Staff Reporter
July 16, 2013
Business

Industrial Production Rises by Most in Four Months

Industrial production took its biggest increase in four months, gaining 0.3% in June, the Federal Reserve reported Tuesday.

July 16, 2013
Business, Fuel

Diesel Rises 3.9¢ to $3.867; Gas Gains 14.7¢

Diesel rose 3.9 cents to $3.867 a gallon — the second straight increase and biggest since February — while gasoline gained 14.7 cents, the Department of Energy reported.

July 16, 2013
Business

Consumer Price Index Rises on Higher Gasoline Prices

The consumer price index rose 0.5% in June on higher gasoline prices, the Labor Department said Tuesday.

July 16, 2013
Business

Construction Continues on $1 Billion Port of Long Beach Bridge

The Port of Long Beach, Calif., said crews have begun demolishing the final sections of an off-ramp where the first sections of a new $1 billion bridge will be constructed.

July 16, 2013