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.
PressurePro Launches New Display for Tire-Pressure Monitoring System
Advantage PressurePro has launched a new display for its tire-performance management system.
April 16, 2015McLeod Releases Upgrades for Software Products
McLeod Software has added a variety of new capabilities and functions in the latest version of its LoadMaster and PowerBroker transportation management software.
April 16, 2015US Rail Intermodal Traffic Rises for Week
U.S. rail intermodal traffic rose 2.3% in the week ended April 11 compared with the same week last year, the Association of American Railroads reported.
April 16, 2015Rep. Jim Renacci Introduces Legislation to Fix Trust Fund
Rep. Jim Renacci (R-Ohio) led a bipartisan group of lawmakers in introducing a bill April 16 that would index gas and diesel user fees to inflation, the latest effort in Congress to boost a depleting federal highway account.
Housing Starts Rise 2% in March
Starts of new homes climbed 2% to a 926,000 annualized rate from a revised 908,000 in February that was the weakest in more than a year, figures from the Commerce Department showed April 16.
April 16, 2015Jobless Claims Hold Below 300,000 for Sixth Week
Fewer than 300,000 American workers filed applications for unemployment benefits for the sixth consecutive week, pointing to labor-market strength even as hiring cooled last month.
April 16, 2015Sen. James Inhofe: EPW ‘Nearly Done’ Preparing Long-Term Highway Bill
WASHINGTON — Sen. James Inhofe, transportation policy committee chairman, said he’s “nearly done crafting a bill” that would authorize highway programs for five or six years.
ATA President Bill Graves Joins Senators in Calling for Long-Term, Fully Funded Highway Bill
American Trucking Associations President Bill Graves pressed the Obama administration and Congress to quickly agree on and approve a well-funded, long-term highway bill.
Cass Freight Index Shows Decline in March Shipping Activity
The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, declined in March and expenditures also dipped, Cass Information Systems said.
April 15, 2015Oil Production Jumps in March Even as US Drilling Collapses
The United States keeps pumping oil at a near-record pace in spite of the collapse in prices over the past year and cutbacks in drilling.
April 15, 2015