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

Teamsters See UPS Package Contract Headed for Approval

The Teamsters union said that the master contract for its UPS Inc. package workers appears headed for rank-and-file approval, and that talks will resume with the package carrier to resolve issues that were rejected in side agreements.

Rip Watson | Special to Transport Topics
June 26, 2013
Business, Logistics

May Trailer Orders Slip 1%

New trailer orders for May slipped 1% from a year ago to 15,660 units, according to ACT Research.

June 26, 2013
Business, Logistics

Cheetah Partners with Samsung for Increased Device Integration

Logistics software company, Cheetah Software Systems Inc. said it has partnered with Samsung so its logistics software can be more integrated with the cell phone manufacturers devices.

June 26, 2013
Business, Equipment

California Trucking Association CEO to Retire

California Trucking Association CEO Michael Campbell said he will retire as soon as his successor is selected.

June 25, 2013
Government, Business

N.C. Approves Governor’s Funding Plan, Reallocates State Road Money

North Carolina lawmakers gave final approval to Gov. Pat McCrory’s transportation reform bill, a measure that changes how road funding money is distributed in the state.

Michele Fuetsch | Staff Reporter
June 25, 2013
Business

Penske Truck Leasing Orders 100 CNG Freightliner Tractors

Penske Truck Leasing today said Tuesday it has ordered 100 compressed natural gas Freightliner Cascadia tractors equipped with Cummins Westport 12-liter engines.

June 25, 2013
Business

OEMs to Display AltFuel Trucks, Talk Technology at This Week’s ACT Expo

Truck original equipment manufacturers are scheduled to display units powered by alternative fuels at this week’s Alternative Clean Transportation Expo in Washington.

June 25, 2013
Business

Navistar’s CFO Stepping Down

Truck and engine maker Navistar International Corp. said Chief Financial Officer Andrew Cederoth will leave the company by the end of June.

June 25, 2013
Business

New Home Sales Rise 2.1% to Five-Year High

New home sales rose 2.1% to an almost five-year high in May, the Commerce Department reported Tuesday.

June 25, 2013
Business, Government, Logistics

Consumer Confidence Rises in June

Consumer confidence rose in June, the New York-based Conference Board said Tuesday.

June 25, 2013