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.
House Fields Bill to Speed Decisions on LNG Export Terminals
A House Republican from Ohio introduced a bill to expedite decision-making on permits for the construction of liquefied natural gas export terminals.
Wash. DOT Unveils Software to Help Truckers Avoid Low Bridges
Truck drivers planning their routes in the Evergreen State now have access to information online to help them avoid bridges that are too low for their vehicles to clear.
December Boost Helps Tonnage Rise 3.5% for Year, ATA Says
December truck tonnage posted the strongest year-over-year gain during 2014, improving 5.2%, powered primarily by increased factory output, American Trucking Associations reported.
January 20, 2015Volvo Gives New VNL to America’s Road Team
DUBLIN, Va. — Volvo Trucks dedicated a 2015 Volvo VNL 780 truck and recognized the 2015-2016 America’s Road Team, the trucking industry’s premier safety outreach program.
DHL Opens $35 Million Facility at Chicago O’ Hare
DHL Global Forwarding has opened a $35 million facility in the Chicago O’Hare International Airport cargo zone, the company’s largest air export gateway.
January 20, 2015Aljex Introduces Truck Capacity Search Tool
Aljex Software has launched a software tool designed to help freight brokers proactively search for available trucks in today’s tight-capacity market.
January 20, 2015Oil Declines From One-Week High to Near $50 a Barrel
Oil declined from a one-week high in London and New York as Iraqi production advanced to a record, compounding a global supply surplus.
Mexican Trucks OK for US Roads Based on Safety Data, Foxx Says
The United States will grant operating authority to longhaul Mexican carriers that meet the financial and operating standards for U.S. truckers, the Department of Transportation announced, three months after a pilot program for such carriers ended.
January 19, 2015More Than 1,000 Mexican Carriers Held Authority to Operate in US Before Border Opened
Contained in the U.S. Department of Transportation’s announcement of permitting Mexican carriers to run in the United States was a report that showed about 1,000 Mexican carriers already have longhaul operating authority here.
January 19, 2015Truck Sales Hit 8-Year High
Heavy-duty truck sales surged in December to their highest level in eight years, putting an exclamation point on the best year for new equipment purchases since 2006, WardsAuto.com reported.
January 19, 2015