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.
Canadian National Railway Interim CEO Speeds Spending in Rush to Ease Congestion
Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers.
Hino to Launch Class 8 Series in Canada in 2019
Hino Motors Canada announced it will assemble the new Class 8 Hino XL Series in Woodstock, Ontario, beginning in early 2019.
April 23, 2018While Trump Has His Eye on Gasoline, Diesel Price Is Sneaking Up
As national average gasoline pump prices climb to near $3 a gallon for the first time since late 2014, the President Donald Trump made it known that he won’t stand for OPEC’s cartel tricks. Bad news, Mr. President: Diesel prices are there.
Capitol Agenda for the Week of April 23: Denham Amendment
Rep. Jeff Denham (R-Calif.), Rep. Henry Cuellar (D-Texas) and Rep. Jim Costa (D-Calif.) are seeking consideration on the House floor for an amendment that aims to clarify regulations related to motor carriers in a 1994 aviation policy law. Here's the week ahead for trucking on Capitol Hill.
Renewable Natural Gas Facilities on the Rise
The Coalition for Renewable Natural Gas released a new map and project database that shows there are now at least 76 operational RNG facilities in the United States and Canada.
April 23, 2018Could Self-Driving Bulldozers Help Fix A Housing Shortage?
As the yellow and black bulldozer-like machine zoomed around the construction site preparing the ground for 700 new houses, all that was missing was someone in the driver’s seat.
Fuel-Card Partnerships Proliferate Amid Growing Competition for Discounts
Cost savings and conveniences offered through fuel cards are spurring an increase in partnerships among card issuers, truck-stop chains and other industry players as competition heats up in the fuel-discount arena.
April 23, 2018Bendix Air Dryer Reaches Production Milestone
Bendix Commercial Vehicle Systems announced it has produced 5 million of its AD-9 model air dryers, after launching the product in 1989.
April 23, 2018Existing-Home Sales Rise as Properties Draw Quick Bids
Sales of previously owned U.S. homes rose to a four-month high as buyers, fueled by a solid job market and tax cuts, quickly snapped up the limited number of available properties, National Association of Realtors data showed April 23.
Technology Firm Project44 Raises $35 Million in New Funding Round
Logistics technology firm project44 announced April 17 it raised $35 million in a new funding round led by OpenView Venture Partners.
April 23, 2018