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.
Diesel National Average Declines 2.7¢ to $2.917, Ending String of Price Increases
The average U.S. retail diesel price declined 2.7 cents to $2.917 per gallon, snapping a streak of five weekly price increases, the Department of Energy reported March 16.
March 17, 2015Celadon Opens Denver-Area Driver-Training Center
Celadon Group Inc. and its Quality Drivers subsidiary announced they have opened a new driver-training center in Henderson, Colorado, near Denver.
S.C. Ports Post 18% Growth for Second Straight Month
The South Carolina Ports Authority posted 18% container growth in February for the second consecutive month, SCPA reported last week.
TomTom Debuts Electronic Driver Logs App
TomTom Telematics has launched a mobile application that enables drivers to electronically log their hours of service on Android and Apple devices.
March 17, 2015Refiners Sue BNSF Railway Over $1,000 Oil Tank Car Surcharge
BNSF Railway Co. was sued by a trade group for 400 U.S. refining and petrochemical makers objecting to a $1,000 surcharge the nation’s biggest rail transporter of crude oil tacked onto older-model tank cars.
Senate Confirms Carlos Monje Jr. for Assistant Secretary of Transportation
The U.S. Senate voted 94-0 on March 16 to approve the nomination of Carlos Monje Jr. be assistant secretary of Transportation for Policy.
Comdata Launches Mobile App to Provide Fuel-Price Data to Drivers
Fuel-card provider Comdata Inc. is offering a new mobile application designed to give drivers information to make better purchasing decisions.
March 17, 2015Roadnet Updates Routing Software
Roadnet Technologies has launched an updated version of Roadnet Transportation Suite, its vehicle-routing, scheduling, tracking and fleet-management software.
March 17, 2015FMCSA Offers App for Truck Safety Information
Safety performance information on trucking and bus companies is available through a new smart phone application authorized by the Federal Motor Carrier Safety Administration.
March 17, 2015Quick Take: Oil Prices May Have Further to Fall
Oil bulls got another piece of bad news March 16 from an unlikely source: the Federal Reserve.
March 17, 2015