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

MAN’s Truck Orders Rise; Holds Full-Year Sales Forecast

European truck maker MAN SE's orders rose 10% in the third quarter and the company held to its full-year sales forecast, Bloomberg reported Wednesday.

November 2, 2011
Business, Logistics

Wabash National Posts 3Q Profit on Higher Trailer Sales

Wabash National Corp. reported a third-quarter profit, turning around a loss in the same quarter last year, as trailer shipments hit their highest level in five years.

November 2, 2011
Business

Pilot Flying J to Purchase Seven Midwest Travel Centers

Pilot Flying J will acquire seven travel centers in Iowa, Kansas, South Dakota and Nebraska from Bosselman Travel Centers, the two said Tuesday.

November 1, 2011
Government, Business

Arizona Seeks Federal OK to Toll Stretch of I-15

Arizona has formally asked the federal government for permission to toll its 29-mile section of Interstate 15, but the governor of neighboring Utah and the trucking industry are pushing back against the proposal.

Timothy Cama | Staff Reporter
November 1, 2011
Business

UPS Offers Full Visibility for Freight Pickups

UPS Freight, the less-than-truckload division of UPS Inc., said Tuesday it was offering a new feature to allow customers full visibility of LTL shipments.

November 1, 2011
Business, Fuel

Diesel Continues to Rise, Gaining 6.7¢ to $3.892 a Gallon in Third Straight Increase

Diesel rose for the third straight week, gaining 6.7 cents to $3.892 a gallon, the Department of Energy said.

November 1, 2011
Business

ISM Manufacturing Index Slips in October

U.S. manufacturing activity declined in October but showed expansion for a 27th consecutive month, the Institute for Supply Management said Tuesday.

November 1, 2011
Business

Construction Spending Rises in September

Construction spending edged up 0.2% in September, the second straight monthly increase, the Commerce Department said Tuesday.

November 1, 2011
Business, Logistics

Expeditors’ Third-Quarter Profit Improves

Logistics firm Expeditors International of Washington said Tuesday its third-quarter profit rose 11% to $107 million, or 50 cents a share, from $96 million, or 44 cents, a year ago.

November 1, 2011
Government, Business

FMCSA Streamlines Registration Process

The Federal Motor Carrier Safety Administration has issued a revised proposal to streamline the agency’s registration process for motor carriers, brokers and freight forwarders — and eventually help the agency identify so-called “chameleon” operators.

Eric Miller | Senior Reporter
November 1, 2011