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.
Trillium, PennDOT Strike $84.5 Million CNG Agreement
Trillium CNG, the compressed natural gas company for Love’s Travel Stops, was selected by the Pennsylvania Department of Transportation to design, build, operate and maintain 29 CNG facilities in the state — calling it a record-setting public-private partnership.
Tennessee Businessmen Seek 10 Teams for Logistics Business Accelerator Program
The founders of Access America Transport announced March 28 the formation of both an accelerator program to find and grow young, innovative logistics companies and a $12 million fund to invest in the most successful of those new ventures.
It All Comes Down to Inches During Louisiana Truck Driving Championships
The 2016 Louisiana Motor Transport Association Truck Driving Championships took place March 18-19 in Baton Rouge and for 108 drivers it was a chance to test their skill and knowledge against their peers.
Manufacturing Recession Might Be Over, Goldman Sachs Says
Goldman Sachs projects that the ISM Manufacturing Purchasing Managers Index will break above 50, the level that separates contraction and expansion, in its March reading that is due out on April 1.
Consumer Confidence Climbs More Than Expected in March
Consumer confidence rebounded more than forecast in March as American households grew more upbeat about prospects for the labor market and economy.
Home Prices in 20 Cities Increased Steadily in January
Home values in 20 U.S. cities kept climbing in January, a sign the limited supply of available properties may push prices out of reach for some buyers.
March 29, 2016'Without Trucks, Man, We're Doomed'
The reality of life along the interstate is a leading reason for a growing shortage of long-haul truck drivers, even as trucking firms maintain near-continual recruitment campaigns and offer lucrative incentives to attract and retain drivers.
Savannah Harbor Deepening Project Needs More Federal Funding, Ports Authority Chief Says
Severe budget cuts in the federal portion of a $700 million plan to deepen the Savannah harbor challenges Georgia’s ability to take in the world’s largest cargo ships, the head of the Georgia Ports Authority said March 24.
Diesel Rises Two-Tenths of a Cent to $2.121
The U.S. average retail diesel price inched up less than half a cent for its sixth consecutive weekly gain.
Nissan Tries Again to Revive Sputtering Truck Sales
Gaining ground in pickup trucks is crucial for Nissan to reach 10% overall U.S. market share, which the company has previously said could be achieved by the fiscal year ending March 2017.