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 Begins Certified Pre-Owned Sales of Low-Mileage Models
Peterbilt Motors Co. said it has begun a new program, dubbed Red Oval, to provide customers with certified pre-owned trucks through its dealer network and Paccar Financial Used Truck Centers.
October 7, 2015House T&I Panel to Take Up Highway Bill Soon
The Transportation and Infrastructure Committee in the House plans to consider a multiyear highway bill soon, a senior committee aide told Transport Topics on Oct. 7.
Intermodal Rail Traffic Rises in September
U.S. rail intermodal traffic increased 1.6% in September compared with the same month the prior year, the Association of American Railroads reported.
October 7, 2015MyCarDoesWhat Safety Program Also Applies To Trucks
MyCarDoesWhat, the safety technology program unveiled on Oct. 7 in Washington by the Department of Transportation and the National Safety Council, has direct applicability to the trucking industry.
Banks Fight to Keep Dividend From Being Used as Source of Highway Funding
Wall Street is desperately trying to persuade U.S. House lawmakers to kill a proposal that would use money from banks to fix the nation’s highways. A key concern is that once Congress taps the finance industry to help fund infrastructure projects, it won’t be able to stop.
October 7, 2015BNSF Bets on Rail Superhighway to Beat Trucks as Coal Fades
After this year, BNSF Railway Co. will be more than 99% finished with a second, parallel line to its 2,200-mile Los Angeles-to-Chicago route.
Werner Announces Earlier Purchases of Truck-Driving Schools
Truckload carrier and logistics provider Werner Enterprises announced much-earlier acquisitions of a pair of truck-driving schools, the American Institute of Trucking and Roadmaster Drivers School.
October 7, 2015Carrier Transicold ‘Set Its Sights’ on Natural Reefer Refrigerant
Carrier Transcold said it has “set its sights” on increasing the use of natural refrigerant technology with a lower global warming potential for transport applications.
October 7, 2015Meritor Offers Remanufactured Air Dryers
Meritor Inc. said it will start selling this month Meritor Wabco remanufactured air dryers that offer the durability and performance of new parts at a reduced price.
October 7, 2015Electronic Funds Source Offers New SecureFuel Service
Electronic Funds Source said it offers a new way to stop unauthorized fuel purchases in real time by using a combination of truck telematics and fleet card transaction data to verify information before fuel is dispensed.
October 6, 2015