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.
Span Alaska Cites LTL Freight Forwarding in Purchase of Pacific Alaska Freightways
Freight forwarder Span Alaska Transportation has acquired transportation services provider Pacific Alaska Freightways, creating what Span Alaska termed the largest less-than-truckload freight forwarder serving Alaska.
September 22, 2015Help, Drivewyze Add Electronic Prescreening Sites
Heavy-duty truck electronic prescreening and clearance networks Help Inc., which relies on transponders, and Drivewyze Inc., which uses mobile devices, announced additional sites across the country.
September 22, 2015Georgia Truck Association, Carriers Sue Over Local Fuel Sales Tax
The Georgia Motor Truck Association and three carriers have filed a class action lawsuit against the state Department of Revenue alleging that a new law allowing cities and counties to impose a 1% per-gallon fuel sales tax is unconstitutional.
White House Seeks to Expedite Permitting, Review for Infrastructure Projects
The Obama administration is acting to expedite the permitting and review process for major infrastructure projects, the director of the Office of Management and Budget said Sept. 22.
Omnitracs Executive Confident FMCSA Final Rule on ELDs Will Address Industry Concerns
ORLANDO, Fla. — An executive with Omnitracs said he is optimistic the federal government’s final rule on the mandatory use of electronic logging devices will address concerns previously raised by the trucking industry.
ATRI Survey: Nearly Half of Commercial Vehicle Drivers Wouldn't Pay for Reserved Parking
Nearly half of commercial vehicle drivers participating in a survey said they would refuse to pay for reserved parking, according to new American Transportation Research Institute research.
Foxx to Keynote Infrastructure Group’s Conference
Transportation Secretary Anthony Foxx is scheduled to speak about the role public-private partnerships (P3s) play in transportation at the Long-term Infrastructure Investors Association's second annual meeting in Washington, D.C.
September 21, 2015National Diesel Average Drops to Lowest Level Since June 2009
The average price of diesel fuel in the United States declined to the lowest level since June 2009, the Department of Energy reported Sept. 21.
September 21, 2015Peloton On-Highway Platooning Test to Take Place in Texas
ORLANDO, Fla. — An executive at Peloton Technology said Texas is where the initial on-highway tests of the company’s platooning system will take place next year.
More Business Awaits if Intermodal Service Improves Further
FORT LAUDERDALE, Fla. — Railroads have made progress in improving service quality this year, compared with last year’s delay-plagued operations, but they will have to keep improving to win more business from customers, shippers said.