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.
Volvo Trucks OKs Use of Renewable Diesel for Its Engines
Volvo Trucks North America said it has approved the use of renewable diesel fuel, which can be made from biomass, in its engines.
December 10, 2015Report Shows Bump in Trucking Costs at Ports of Long Beach, Los Angeles
Port congestion is hitting Inland truckers in California in the pocketbook, according to a new report.
Diesel Falters as El Nino Takes Bite From US Winter Demand
Diesel is the cheapest versus gasoline for this time of year in at least a decade as inventories surge and mild temperatures reduce heating demand.
Consumer Comfort Steadies as Views of Economy Improve
Consumer confidence stabilized last week after faltering since mid-October as Americans’ perceptions about the U.S. economy and the buying climate improved.
US Import Prices Extend Decline on Cheaper Fuel
U.S. import prices fell in November as the cost of petroleum and several goods continued to decline, suggesting that cheaper crude oil and a strong dollar will keep imported inflation pressures subdued for a while.
Jobless Claims Rise to Five-Month High
Applications for U.S. unemployment benefits jumped last week to a five-month high, interrupting steady labor-market progress.
Watch 'The Horn' and Share Your Memories With Mack
Mack Trucks has released a video, "The Horn," that has awakened a flood of memories for many, and Mack is encouraging followers to share those memories via social media.
December 9, 2015Michigan Senate Considering Bills to Allow Toll Roads
LANSING, Mich. — State senators are considering legislation that would allow toll roads in Michigan as part of a broader package to provide for public-private partnerships and other alternative financing methods for infrastructure projects.
Pilot Flying J Donates $10 Million to Knoxville Schools to Modernize Football Fields
Pilot Flying J is donating $10 million over the next three years to provide athletic and academic support to the 13 public high schools in Knox County, Tennessee, including synthetic turf at each school for a football field.
December 9, 2015Connecticut House Fails to Approve Transportation Lockbox Amendment
A proposed constitutional amendment to protect transportation funding from budget cuts came up 14 votes shy in Connecticut’s House of Representatives on Dec. 8, meaning the legislation won’t be on the state’s ballot next November.