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.
Fleet Management, Technology Deemed Essential for Cutting Freight Emissions
DUBAI, United Arab Emirates — Global efforts to improve freight efficiency and reduce carbon emissions will require a multifaceted approach that includes not only vehicle technology, but also better fleet management and capacity utilization, experts said.
Trump to Nominate Andrew Wheeler for Top Job at EPA
President Donald Trump announced his intent to nominate Andrew Wheeler for the administrator role at the U.S. Environmental Protection Agency, where he currently serves as acting administrator.
Diesel Falls Again, Drops 3.5¢ to $3.282 a Gallon
The U.S. average retail price of diesel dropped 3.5 cents to $3.282 a gallon in data reported Nov. 19 as crude oil prices fell amid persistent concerns about oversupply.
ASCE Gives Pennsylvania Infrastructure a C- Again
Pennsylvania has again earned a C- on the American Society of Civil Engineers’ infrastructure report card. That grade is just above the group’s grade of D+ for the nation’s infrastructure in 2017.
Low-Viscosity Engine Oils Will Support Push for Improved Fuel Economy, Shell Says
DUBAI, United Arab Emirates — The perpetual drive toward improved fuel economy and tighter emission controls for diesel engines will push the trucking industry toward increasingly efficient, low-viscosity engine oils, technology experts at Shell Lubricants said.
Connecticut Report Projects Tolls Could Raise $1 Billion a Year
The Connecticut Department of Transportation released a study Nov. 14 which stated that electronic tolls posted on highways throughout the state could raise nearly $1 billion a year, but the study comes at a time when a tolling program underway in neighboring Rhode Island faces a court challenge.
Eberspaecher Acquires Vehicle Climate-Control Specialist Kalori
Heating technology company Eberspaecher has acquired French climate control specialist Kalori SAS, according to a Nov. 6 press release.
November 19, 2018Cargo Business Booms at Rockford Airport
Nearly 1.4 billion pounds of cargo made its way through Chicago Rockford International Airport in 2017 — a record that the airport has beaten by nearly 22% through the first 10 months of this year.
November 19, 2018Nation’s Ports Booming Amid Strong Economy
September and October were record months for many of the nation’s ports as shippers prepared for a busy holiday shopping season and rushed to get cargo into the U.S. ahead of the Trump administration’s tariffs against several nations, including China.
Increase in Online Shopping Could Lead to Package Delays
Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.