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.
Colorado Supreme Court to Review Lawsuit Calling Bridge Surcharge Unconstitutional
The Colorado Supreme Court has agreed to review a lawsuit alleging that a fee charged by state-authorized enterprise to finance, repair, reconstruct and replace Colorado bridges is an unconstitutional tax.
Heavier Six-Axle Trucks Pushed for Use on Interstates
A group of nearly 200 manufacturers, shippers, carriers and allied associations has urged members of Congress to pass vehicle weight reform legislation to allow heavier six-axle trucks on U.S. interstates.
Dicom, DDC FPO Sign Service Deal
Dicom Transportation Group, a North American freight and logistics company, signed an agreement with DDC FPO to provide back-office services, such as billing.
July 7, 2015Daimler Completes Yearlong Electric Fuso Canter Consumer Trials
Daimler said it has successfully completed a yearlong consumer test of its electric battery-powered Fuso Canter E-Cell.
July 7, 2015Trade Gap Grew in May as Exports Fell Most in Three Months
The U.S. trade deficit widened in May as exports declined by the most in three months, showing businesses were having trouble drumming up sales to overseas customers.
July 7, 2015Missouri to Solicit Innovative Means of Upgrading I-70
Missouri transportation officials have declared Interstate 70 a “laboratory” for private industry, entrepreneurs and innovators to suggest ideas that will help plug gaps in the state’s ailing road and bridge budget.
Volvo Becomes Second OEM to Pull Out of MATS Next Year
Volvo Trucks has become the second truck manufacturer to decide against exhibiting at the Mid-America Trucking Show next year.
Washington State Passes $16 Billion Transportation Plan, Includes Gas Tax Increase
The Washington state Legislature passed a $16.1 billion transportation funding plan earlier this month that would raise the gas tax to fund key infrastructure projects.
Truck Orders Fall 26% in June, but Backlogs Remain Above Prior-Year Levels
New Class 8 truck orders declined in June for a fourth consecutive month, but industry backlogs remain well above prior-year levels, ACT Research reported.
Congestion at West Coast Ports Lowered Economic Growth by 0.2 Percentage Points, Fed Says
The Federal Reserve Bank of New York said congestion at West Coast ports lowered U.S. economic growth by 0.2 percentage points in the first quarter, the Wall Street Journal reported.
July 6, 2015