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.
Haldex's Relaunched Midland Brand Targets North American Aftermarket
Heavy-duty supplier Haldex has “relaunched” its Midland value line brand for the North American aftermarket.
April 19, 2016Senate Transportation Funding Bill Pushes DOT on Speed Limiters Rule
WASHINGTON — A fiscal 2017 Senate transportation funding bill would require the U.S. Department of Transportation to quickly issue a long-awaited proposed rule on speed limiters for motor carriers.
Truck Tonnage Rises 2.2% in March as Freight Economy Continues Mixed Pattern
Truck tonnage rose 2.2% in March on a year-over-year basis, reflecting a slow economic growth trajectory and mixed freight trends, American Trucking Associations reported.
April 19, 2016Early Warning Signs of Recession Flash Faintly in US Jobs Data
As the economy again started off the year on a sour note, the glass-half-full crowd pointed to the strength of the U.S. jobs market as a reason not to worry. As long as payrolls are racking up monthly gains of 200,000 or more, the economy remains in fine fettle, or so the optimists would have it.
Pennsylvania Set to Raise Speed Limit to 70 MPH on Bulk of Turnpike
In the wake of a trio of 20-month-old pilot programs during which the speed limit has been raised from 65 to 70 miles per hour on more than 200 miles of major highways in the state, Pennsylvania will unveil a permanent rise to 70 mph on 496 miles of its 552-mile turnpike (90%) in May.
Housing Starts Slumped More Than Expected in March
New-home construction in the U.S. slumped more than projected in March, reflecting a broad-based retreat that showed the industry lost momentum heading into the busiest time of year.
Ginsberg’s Implements Appian Routing Software
New York-area foodservice distributor Ginsberg’s Foods is implementing Appian routing and scheduling software from TMW Systems, the companies announced in a joint statement.
April 19, 2016Capitol Agenda for the Week of April 19: Addition by Appropriations?
Trucking leaders have been pressing Congress to adopt a meal-and-rest-break proposal, as well as corrective language to an hours-of-service provision in a fiscal 2016 funding law. This week, Senate funding leaders might be listening. Here's the week ahead for trucking on Capitol Hill.
Diesel Rises 3.7¢ to $2.165
The U.S. retail diesel average jumped 3.7 cents to $2.165, the Department of Energy said April 18.
Orbcomm to Acquire Skygistics
Asset-tracking firm Orbcomm has agreed to acquire South Africa-based Skygistics, a provider of satellite and cellular connectivity and telematics products.
April 18, 2016