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.
Caterpillar Adds CT680 Model to its Line of Vocational Trucks
Caterpillar has expanded its line of Class 8 vocational trucks with its new CT680 model, a set-forward-axle truck designed for heavy applications and tough conditions.
Diesel Price Rises for Fifth Week, Gaining 2.6¢ to $2.904
Diesel’s national average price rose for a fifth consecutive week, climbing 2.6 cents to $2.904 a gallon, the Department of Energy reported May 18.
Wright Transportation Claims it Was 'Fraudulently Induced' in Diesel-Fuel Deal With Pilot
An Alabama motor carrier who sued Pilot Flying J in connection with a diesel-fuel rebate scam has added a claim that it was “fraudulently induced” into believing it was being given “retail-minus” or “cost-plus” prices for diesel it purchased.
Video: Janet Kavinoky of U.S. Chamber of Commerce on Infrastructure Concerns
Janet Kavinoky, executive director of transportation and infrastructure at the U.S. Chamber of Commerce, tells TT how her members are impacted by the nation's infrastructure shortcomings.
May 18, 2015Volvo Details 2016 Fuel-Economy Gains, SuperTruck Development
NEWPORT, R.I. — Executives with Volvo Trucks said model-year 2016 trucks will offer higher fuel economy through continued aerodynamic and powertrain adjustments.
Replay: LiveOnWeb Reporter Roundtable Examines Highway Funding
To recap Infrastructure Week, LiveOnWeb Reporter Roundtable pulls top transportation insiders from Transport Topics, CQ Roll Call, POLITICO Pro and Bloomberg BNA for additional perspectives – what was accomplished and what’s the prognosis for a highway fund solution? Watch the replay.
May 18, 2015PacLease Expands to Australia
Paccar Leasing Co. has expanded its full-service truck rental and leasing business to Australia.
May 18, 2015I.D. Systems to Provide Trailer Tracking for Roly’s Trucking
I.D. Systems Inc. said it has signed a contract with Roly’s Trucking Inc. to deploy its VeriWise cellular system to track the fleet’s dry van trailers and cargo.
May 18, 2015Clean Energy Posts 1Q Loss But Reports Higher Natural-Gas Sales
Natural-gas fueling provider Clean Energy Fuels Corp. reported a wider first-quarter net loss than a year ago but said it delivered 27% more fuel.
May 18, 2015Self-Driving Truck Technology Advances
While self-driving trucks may still seem like a concept that is several years from becoming reality, using wireless communications to connect commercial trucks with each other and signals from the infrastructure may be just around the corner.
May 18, 2015