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

New Home Sales Rise 7.3% in April

New home sales climbed 7.3% in April, two months after falling to a record low in February, the Commerce Department said Tuesday.

May 24, 2011
Business

UPS Using Biodiesel at Worldport Facility

UPS Inc. has begun using biodiesel fuel blends at its Worldport hub in Louisville, Ky., the National Biodiesel Board said.

May 24, 2011
Business

Mack to Boost Production, Add Shift at Pa. Plant

Mack Trucks said it will boost production and add a shift at its Macungie, Pa., truck plant in August, adding about 300 new employees.

May 23, 2011
Business, Logistics

TransForce, DHL Reach Deal on Domestic Canadian Logistics Operations

TransForce Inc. and DHL Express Canada agreed to enter a 10-year agreement under which TransForce will buy the assets of DHL Express’ domestic Canadian business, the companies said.

May 23, 2011
Business

Eaton Unites Aftermarket, Truck Clutch Units

Industrial manufacturer Eaton Corp. said it has combined its truck and automotive aftermarket divisions with its heavy-duty clutch building subsidiary into a single entity called the global aftermarket and clutch business unit.

May 23, 2011
Business, Government, Safety

Capacity Tight, Demand Strong as Summer Looms, Experts Say

Freight capacity remains generally tight and demand strong ahead of the summer shipping season, ac-ording to several carrier executives and analysts.

May 23, 2011
Business, Logistics

ATA Leaders Advise Federal Government to Drop Attempt to Regulate Wait Times

WHITE SULPHUR SPRINGS, W.Va. — The leadership of American Trucking Associations last week urged the federal government not to attempt to regulate the speed with which trucks are loaded and unloaded.

May 23, 2011
Business

Measure Would Provide Truckers Tax Break for Investing in Some Safety Technologies

Fleets could receive tax credits for certain advanced safety technologies under a bill introduced this month in the House of Representatives.

May 23, 2011
Business, Government, Safety, Logistics

Freight Results Still Mixed, Executive Says

Although the U.S. economy continues to improve, there remains a spottiness within the freight-hauling sector, a logistics executive said.

May 23, 2011
Business

FMCSA Overspent $23 Million for Wireless Weigh Stations

A federal program aimed at helping states buy technology to speed trucks wirelessly through weigh stations obligated spending more than $23 million above the level Congress authorized, according to a new government review of the program.

May 23, 2011