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.
Capitol Agenda for the Week of March 8: Trucking in the Aviation Bill
House Republican leaders have yet to provide details of a temporary extension that would authorize federal aviation programs. Current authorization for those programs expires at the end of the month.
March 8, 2016Diesel Rises 3.2¢ to $2.021 in Third Straight Increase
The U.S. diesel average rose 3.2 cents to $2.021 last week for its third increase in a row.
March 7, 2016Path to Platooning Requires Regulatory Framework, Public Acceptance, Execs Say
NASHVILLE, Tenn. — Executives from Volvo Trucks and Peloton discussed the industry’s pathway to automated driving and platooning technologies at the Technology & Maintenance Council’s annual meeting here.
Port of Corpus Christi to Get $3.3 Million to Upgrade Roads
The Port of Corpus Christi will receive a share of $20 million from the Texas Transportation Commission for road improvements along the Joe Fulton International Trade Corridor.
Massachusetts Mayor Vetoes Heavy-Trucking Ban
An ordinance that would ban heavy trucking on Wheeler Street in the city's west end will be back before the City Council on March 7 because the mayor vetoed it.
Trimac Starts Tuition Reimbursement for Student Drivers
Bulk carrier Trimac Transportation has launched a tuition reimbursement program to aid students in obtaining their CDLs.
March 7, 2016OEC Canada Acquires Ryder CRSA Logistics
Overseas Express Consolidators Canada Inc. has acquired Ryder CRSA Logistics business in Canada, Hong Kong and Shanghai to broaden buyer’s service offerings.
March 7, 2016Descartes Fiscal Fourth-Quarter Profit Rises 50%
Canadian transport technology provider Descartes Systems Group raised fiscal fourth-quarter net income for the period ended Jan. 31 by 50% to $5.4 million, or 7 cents per share, helped by an 8% rise in revenue to $48 million.
March 7, 2016Opinion: Is Cargo Insurance Enough Protection?
A lot of competing financial issues face transportation companies, but unfortunately, not all of these needs are within your control
March 7, 2016Letters: Proud to Be a Retired Professional Truck Driver,
I am a proud retired professional driver with more than 44 years and 5.3 million accident-free miles behind the wheel.
March 7, 2016