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, Equipment

Appeals Court Transfers Jurisdiction on ‘Conflict Minerals’ Case to Lower Court

A federal appeals court has ruled that a legal challenge to the Securities and Exchange Commission’s “conflict minerals” reporting rule must first be adjudicated in a civil federal district court.

Eric Miller | Senior Reporter
May 14, 2013
Business, Fuel

Diesel Rises 2.1¢ to $3.866 in First Gain in 11 Weeks; Gas Jumps 6.5¢ to $3.603

Diesel rose 2.1 cents to $3.866 a gallon, its first increase in 11 weeks, while gasoline jumped 6.5 cents to $3.603, the Department of Energy reported.

May 14, 2013
Business

Contrans’ First-Quarter Income Declines

Canadian carrier Contrans Group’s first-quarter income declined but revenue increased, the company said.

May 14, 2013
Business

Productivity Is Top Focus for Fleet Managers, GE Fleet Survey Says

Maximizing productivity is the primary concern for truck fleet managers, according to a new survey conducted by GE Capital Fleet Services.

May 13, 2013
Business

Clean Energy’s 1Q Loss Narrows, Natural Gas Deliveries Rise 14%

Clean Energy Fuels Corp. said its first-quarter loss narrowed from a year ago as sales rose and natural gas deliveries increased.

May 13, 2013
Business

Westport Innovations Reports 1Q Loss

Natural-gas engine manufacturer Westport Innovations reported a first-quarter loss on soft market conditions.

May 13, 2013
Business

Business Inventories Little Changed in March

Business inventories were little changed in March, but sales fell by the most in nine months, the Commerce Department said Monday.

May 13, 2013
Business

April Retail Sales Edge Up 0.1%

Retail sales rose 0.1% in April following a decline in March, the Commerce Department reported Monday.

May 13, 2013
Perspective, Business

Opinion: The Risks of ‘Rebrokering’

Carriers that seek the ability to “rebroker” freight without separate broker authority and bond will keep the door open to marketplace fraud and nonpayment. Worse still, the practice will expose carriers to the ever-increasing risk of liability for accidents they did not cause.

May 13, 2013
Editorial, Business

Editorial: Cultivating Leadership

Many people, exalted and humble, rich and poor, operating in arenas ranging from war to medicine, from politics to poetry, have offered their views on leadership — what it is, what it requires, how it works.

May 13, 2013