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

Companies Added More Workers in April, Report Says

U.S. companies added 179,000 workers to payrolls in April, signaling the labor market is strengthening, according to a private report released, Bloomberg reported Wednesday.

May 4, 2011
Government, Business

Senate Bill Would Apply Federal Weight Limits to More Highways

WASHINGTON — A bill introduced Tuesday in the U.S. Senate would prohibit states from increasing truck size and weight limits on the National Highway System.

Timothy Cama | Staff Reporter
May 3, 2011
Government, Business

NAFTA Surface Trade Rises in February

Surface transportation trade among the United States, Canada and Mexico was 11.8% higher in February than a year earlier, the Department of Transportation said Tuesday.

May 3, 2011
Business

Meritor’s Second-Quarter Profit Improves

Components maker Meritor Inc. Tuesday reported an improved second-quarter profit, as its commercial truck unit sales rose from a year ago.

May 3, 2011
Business, Fuel

Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon

Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124 a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.

May 3, 2011
Equipment, Business

FleetPride Completes Acquisition of Midway Truck Parts

FleetPride Inc., an aftermarket distributor of heavy-duty truck and trailer parts, said it completed its acquisition of Midway Truck Parts.

May 3, 2011
Business

March Factory Orders Rise 3%

Factory orders rose 3% in March, the fifth straight increase, the Commerce Department said Tuesday.

May 3, 2011
Business, Logistics

North American Trailer Expands in Calif. With Acquisition

North American Trailer said it has acquired Fontana, Calif.-based Quality Fleet Repair, effective Sunday. Terms were not disclosed.

May 3, 2011
Government, Business, Technology, Equipment

Feds Extend Handheld Cellphone Ban to include Hazmat Truckers

Federal regulators have issued a proposed rule that would extend a ban on the use of handheld cellphones to include intrastate hazardous materials motor carriers.

Eric Miller | Senior Reporter
May 3, 2011
Business

Delaware Unveils Idle-Reduction Units at Rest Stop

Delaware has opened its first truck parking spaces with idle-reduction equipment, its Department of Transportation said.

May 2, 2011