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

California Farm Bureau Files for Bee Hauler HOS Exemption

The California Farm Bureau Federation has petitioned federal regulators for an exemption from 30-minute rest breaks for drivers transporting bees that are critically needed to pollinate crops.

Eric Miller | Senior Reporter
January 8, 2015
Business, Logistics

Universal Truckload Appoints New CEO

Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.

January 8, 2015
Business, Logistics

Farmer Takes Office as IANA Chair

Katie Farmer, group vice president of consumer products at BNSF Railway, has taken office as the first woman to chair the Intermodal Association of North America’s board of directors.

January 8, 2015
Business

U.S. Postal Service Delivers Record Number of Packages During Holidays

The U.S. Postal Service said package deliveries increased 18% in December and had its busiest day on record Dec. 22.

January 8, 2015
Business

Initial Jobless Claims Fall by 4,000

U.S. jobless claims fell by 4,000 last week, the Labor Department reported Jan. 8.

January 8, 2015
Business

Mercedes-Benz USA Moving from New Jersey to Atlanta

Daimler AG’s Mercedes-Benz will move its U.S. headquarters to Atlanta from New Jersey, rejecting efforts by New Jersey Governor Chris Christie to keep the facility in his state.

Rose Kim and Elise Young | Bloomberg News
January 7, 2015
Business

Penske Logistics Takes California Meal-Break Law to Supreme Court

Penske Logistics filed a formal petition with the Supreme Court on Jan. 6 asking the justices to review a 9th U.S. Circuit Court of Appeals decision on the legitimacy of California’s meal-break law.

Jonathan S. Reiskin | Associate News Editor
January 7, 2015
Business, Fuel, Government

Trade Gap Shrinks More Than Forecast as US Oil Imports Dry Up

The trade deficit narrowed in November as U.S. petroleum imports sank to the lowest level in more than five years.

Michelle Jamrisko | Bloomberg News
January 7, 2015
Business

Companies in US Added 241,000 Workers in December, ADP Says

Companies added more workers than forecast in December, indicating the U.S. job market was sustaining strength as 2014 drew to a close, according to a private report based on payrolls.

Shobhana Chandra | Bloomberg News
January 7, 2015
Business

December Class 8 Orders Jump 38%, Capping Best Year Since 2004

Class 8 truck orders jumped 38% to 43,900 units in December, capping the industry’s second-best year on record for incoming orders, according to ACT Research.

Seth Clevenger | Managing Editor, Features and Multimedia
January 6, 2015