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, Government, Logistics

Consumer Confidence Declines

Consumer confidence decreased this month, the New York-based Conference Board said Tuesday.

March 27, 2012
Government, Business, Safety

FMCSA Sets Changes to Flatbed, Hazmat Regs

The Federal Motor Carrier Safety Administration Tuesday announced a slate of changes to its safety rating system designed to ratchet up enforcement of hazardous materials carriers and mitigate an inspection bias against flatbed haulers.

Eric Miller | Senior Reporter
March 27, 2012
Business

Navistar Wins Armored Truck Upgrade Work

Navistar Defense LLC said it received a $21 million contract from the U.S. Army for more work connected to a January order to upgrade 2,717 MaxxPro Mine-Resistant Ambush-Protected vehicles.

March 27, 2012
Business, Technology

Xata Unveils Household Goods Driver Tracker

Xata Corp. has introduced Xata Turnpike Multiple Management Authority, a driver tracking tool for household goods movers.

March 27, 2012
Business, Technology

Company Develops Technology to Stop Distracted Driving in Trucking

Cellcontrol, a developer of technology aimed at preventing distracted driving, on Monday unveiled a new offering designed for trucking fleets.

March 26, 2012
Business

Smith Debuts All-Electric Van That FedEx Express Will Use

Smith Electric Vehicles Corp. has unveiled an all-electric vehicle called the Newton Step Van that will be used by FedEx Express.

March 26, 2012
Business, Technology

Kiva Systems Sold to Amazon

Amazon.com Inc. has agreed to acquire Kiva Systems Inc., a privately held maker of robotic warehouse systems, for about $775 million in cash.

March 26, 2012
Business, Fuel

Gasoline Gains 11¢ to $3.93, Lundberg Says

Gasoline rose 11 cents in the past two weeks to a national average $3.93 per gallon, but the price may be leveling off with oil prices stable, according to the latest Lundberg Survey of filling stations released Sunday.

March 26, 2012
Business

Obama Urges House to Pass Transportation Bill

In his weekly radio address this weekend, President Obama urged Congress to pass a bipartisan transportation bill.

March 26, 2012
Business, Technology

Aerofficient to Make New ‘Slider’ Fairing

Aerofficient will begin producing a “slider” side fairing in April that it said should boost fuel savings over trailers using normal fairings.

March 26, 2012