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.
Cross-Border Freight Haulers Likely to Have New Access Points in New Mexico
Cross-border freight haulers soon will have new access points in New Mexico to carry loads to and from Mexico, according to a pre-published interim final rule issued Feb. 23 by the Federal Motor Carrier Safety Administration.
February 24, 2016Road Travel Rises by 4% in December on Cheap Fuel
U.S. road travel rose by 4% in the nation's warmest December on record, government data showed Feb. 22, and capped a record-setting driving renaissance buoyed by inexpensive gasoline and lower unemployment.
Sales of New Homes Declined More Than Forecast in January
Purchases of new homes dropped more than forecast in January as contract signings slumped in the western United States by the most since May 2010.
Weather, Inventory Weigh Down Truck Tonnage
Factors such as winter weather and excessive inventory hurt January truck tonnage, which declined 1.4% from December and showed no change from the January 2015 level, American Trucking Associations reported.
February 23, 2016Massachusetts Gov. Charlie Baker Pledges More Money for Road Repairs, Projects
Gov. Charlie Baker is pledging more money to help cities and towns across Massachusetts fix potholed roads and decaying bridges, but municipal leaders say the money won't go far enough to address the state's myriad transportation woes.
Tennessee Transportation Chief Says Road Funding Essential for Prosperity
Tennessee Transportation Commissioner John Schroer beat the drum of impending road funding woes at a UTC Engineers Week kickoff lunch Feb. 22 while taking light shots at local legislators over their reluctance to back a potential state gas tax hike.
Potential Expansion of Tolling Program Concerns Washington Trucking Group
A pilot tolling program in Washington state is working so well, in the view of the state’s Department of Transportation, that it might be expanded, a possibility that concerns Washington Trucking Associations.
Hendrickson Launches Stainless Steel-Clad Aluminum Bumper for International HX Series
Hendrickson has launched a stainless steel-clad aluminum bumper for the International HX Series models for severe-service applications.
February 23, 2016Schneider Opens Warehouse to Support Northeastern Ports
Truckload carrier Schneider has opened a 147,500-square-foot warehouse in Port Reading, New Jersey, to serve shippers utilizing Northeastern ports.
February 23, 2016Sales of Existing US Homes Rise to Second-Highest Level Since 2007
Sales of previously owned U.S. homes unexpectedly rose in January to the second-highest level since early 2007, indicating the industry will keep prospering.