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.
FR8 Revolution Launches Fleet Optimization Platform
Trucking technology startup FR8 Revolution Inc. has launched FR8.guru, a load tracking and fleet optimization platform and marketplace.
August 23, 2016Delphi, Mobileye to Develop Turnkey, Fully Automated System for Diverse Vehicles
Commercial vehicle suppliers Mobileye and Delphi Automotive have agreed to develop a complete turnkey system capable of fully automated driving that will be ready for production in 2019 and is designed for “diverse vehicle platforms for a range of customers worldwide.”
August 23, 2016Road Travel Rises by 3.2% in June
U.S. drivers logged 3.2% more miles in June than a year earlier, the U.S. Department of Transportation said in a monthly report on Aug. 22.
August 23, 2016Gorilla Safety Adds Equipment Tracking, Expands Mobile App Features
Gorilla Safety has introduced an enhanced equipment tracking system and announced new features for its mobile application.
August 23, 2016New-Home Sales Unexpectedly Surge to Almost Nine-Year High
Purchases of new U.S. homes unexpectedly jumped in July to the highest level in almost nine years, led by soaring demand in the nation’s South and adding to signs of persistent housing-market strength.
Trucker Path Marks 100,000 Downloads of Its Truckloads Freight Market App
Trucker Path said its new Truckloads mobile application, which provides a freight marketplace for trucking, has reached 100,000 downloads.
August 23, 2016Connecticut Diesel Taxes Drop 8.6¢ Per-Gallon
Thanks to a statutory formula based on wholesale fuel prices in the state each July, diesel taxes have taken a tumble in Connecticut.
National Diesel Average Jumps 6¢ to $2.37
The U.S. diesel average price rose 6 cents to $2.37 per gallon last week, according to the Department of Energy, even as the price of crude oil fell back amid talk of increased production.
August 22, 2016In New York, Natural Gas Growing Slowly as Alternative Fuel for Trucks
Running a truck with natural gas instead of diesel cuts down on cost, noise and exhaust emissions. But those benefits come with a big caveat: There are only a few dozen places in New York state that the public can fuel up with natural gas.
With Funding in Place, Construction to Start on Kansas Transload Facility
The Kansas Department of Transportation announced Aug. 8 that it will provide $4.5 million in funding for construction of the Garden City transload facility.