Business
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.
ASCE Releases Report Cards for Two States, One Region in February
Kentucky, Vermont and Northeast Ohio received infrastructure report cards from the American Society of Civil Engineers, showing grades that were at or below average.
Virginia Passes Law Aimed at Mitigating Wait Times for CDL Testing
The Virginia Legislature passed a law that will allow the state’s private commercial driver training schools and community colleges to hire third-party commercial driver license testers to help reduce skills-testing delays.
Opinion: Using Predictive Analytics for More Efficient Supply Chains
Logistics companies depend greatly on accuracy, timeliness and efficiency to meet distribution and customer demands. The use of predictive analytics, however, is changing the game for this industry because of its ability to determine real-time patterns, track data and anticipate these demands to streamline operations.
Diesel Climbs 4.2¢ to $3.048 a Gallon
The U.S. average retail price of diesel rose 4.2 cents to $3.048 a gallon, according to the Department of Energy, as crude prices dropped amid pressure from President Donald Trump to keep the price of oil low.
Colorado Paves Way to Lower Interstate Trucking Age Limits
Colorado Gov. Jared Polis signed into law a bill that will open interstate trucking opportunities to people between the ages of 18 and 21 — as soon as federal law allows such activity.
Roadie Raises $37 Million, Pushing Overall Funding to $62 Million
Roadie, an on-the-way delivery service with the nation’s largest local same-day footprint, said it has raised $37 million in funding from The Home Depot, Warren Stephens and TomorrowVentures, among others, officials announced Feb 25.
February 25, 2019Wabtec Merger Complete as Strike Threat Hangs Over GE Plant
The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.
February 25, 2019Congressional Infrastructure Window 4-6 Months, Stakeholders Say
The window for an infrastructure bill in 2019 is only about four months, starting now, and closing quickly. Here's Capitol Agenda's look at the week ahead for trucking on Capitol Hill.
Rocketail Offers Rear Fairing
Rocketail announced the launch of Rocketail Wing, its rear drag-reduction technology for trailers.
February 25, 2019Trump Attacks OPEC Again, Warning Against High Oil Prices
President Donald Trump resumed his attacks on OPEC, saying the world is too fragile to handle a price hike and urging the cartel to “relax and take it easy.”
February 25, 2019