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, Equipment

Cummins Debuts Plan for Downtown Indianapolis Office

Cummins Inc. presented Indianapolis officials with plans to locate its global distribution business headquarters in the city’s Market East cultural district.

December 3, 2014

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business

Manitoulin Acquires Canfleet Logistics

Manitoulin Global Forwarding has acquired Vancouver, British Columbia-based Canfleet Logistics. Terms were not disclosed.

December 3, 2014
Government, Business

Supreme Court Hears Arguments in UPS Pregnancy Discrimination Case

WASHINGTON — The U.S. Supreme Court on Dec. 3 heard oral arguments in a high-profile UPS case that may provide guidance for employers on whether they must provide “light duty” jobs or otherwise accommodate pregnant employees unable to perform their normal job duties.

Eric Miller | Senior Reporter
December 3, 2014
Government, Business

Eno Center Proposes Fixes for Highway Trust Fund

WASHINGTON — The Eno Center for Transportation, a Washington, D.C., think tank, has outlined ways to realize long-term funding for the national transportation system in a report unveiled at the National Press Club on Dec. 3.

Eugene Mulero | Senior Reporter
December 3, 2014
Business

Eaton Promotes Pattada to President of North American Truck Division

Vehicle component maker Eaton Corp. has promoted Pavan Pattada to president of the North American truck division, effective Jan. 1.

December 3, 2014
Business

Service Industries Expand at Second-Fastest Pace in Nine Years

Service industries in the U.S. expanded in November at the second-fastest pace in more than nine years, a sign the world’s largest economy is powering past a global slowdown.

December 3, 2014
Business, Safety, Equipment, Autonomous

Truck Orders Almost Double, Rise to 41,000 in November

North American Class 8 truck orders jumped 93.5% in November to 41,000 units, the second-highest total since 2006, ACT Research reported.

Michael G. Malloy | Web Editor
December 3, 2014
Business

Companies Added 208,000 Workers in November, ADP Says

Companies in the U.S. added 208,000 workers in November, indicating steady progress in the labor market, a private payrolls report showed.

December 3, 2014
Government, Business

Number of Fleets Using PrePass Passes 40,000

HELP Inc. announced that the number of qualified fleet customers using its PrePass bypass solution has passed the 40,000 mark as of Dec. 2.

December 3, 2014
Business

UTi Denies Reported Talks of Advanced Sale

UTi Worldwide Inc., the U.S. logistics firm whose biggest shareholder is hedge fund P2 Capital Partners, has denied a report by Bloomberg News that it is in advanced talks to sell itself to DSV A/S, the Nordic region’s biggest trucking company.

December 3, 2014