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.
Peterbilt Trucks to Offer Paccar Engine Previously Available Only in Europe
Peterbilt will soon offer Paccar’s MX-11 engine, which debuted in Europe in 2013 and was only made available earlier this month in the United States.
November 3, 2015House to Vote on Rep. Lois Frankel's CSA Scores Amendment in Highway Bill
House lawmakers on Nov. 4 will vote to decide whether the Federal Motor Carrier Safety Administration’s safety performance rating scores for motor carriers should remain available to the public while the program is reviewed. Watch live debate and votes.
White House ‘Encouraged’ by Floor Consideration of Highway Bill
The Obama administration signaled its support for a multiyear highway policy bill the House will start considering Nov. 3.
November 3, 2015Michigan Republicans Weighing GOP-Only Highway Bill
Frustrated on the lack of progress on a transportation bill, Michigan Gov. Rick Snyder thinks that it might be time for Republicans to forge ahead with a partisan proposal.
National Diesel Average Falls 1.3¢ to $2.485
The average price of diesel fuel in the United States declined 1.3 cents a gallon to $2.485, the third consecutive weekly decline, the Department of Energy reported Nov. 2.
November 3, 2015Omnitracs Introduces Application to Predict Accident Severity
Omnitracs has introduced an application designed to help fleets prevent crashes by identifying their drivers who are most likely to be involved in a serious accident.
November 3, 2015J.B. Poindexter Acquires Reading Truck Body
J.B. Poindexter & Co. Inc. has acquired vocational work-truck body manufacturer Reading Truck Body. Terms of the transaction were not disclosed.
November 3, 2015BP Says Technology Can Keep Oil and Gas Abundant, Affordable
Technology can be used to increase the world’s proven oil and gas reserves by two-thirds — almost double the amount needed to meet demand through 2050 — keeping energy supplies plentiful and affordable, according to BP.
TransCanada Keystone Pause Seen Giving Obama, Trudeau New Start
TransCanada Corp.’s request to pause a U.S. review of its Keystone XL oil pipeline gives President Obama a way to ease a political headache at home and help him repair frayed relations with Canada.
Rep. John Lewis Seeks to Eliminate Young-Driver Provision in Highway Bill
Rep. John Lewis (D-Ga.) is looking to replace a provision in a House multiyear highway bill that would pave the way for drivers under 21 to operate trucks across state lines.
November 2, 2015