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.
Shorter Supply Chains Leading to Fewer Overall Truck Miles, TRB Panelists Say
WASHINGTON — Increasing demand for faster delivery of last-mile goods is leading to tighter supply chains with shorter truck trips, industry officials said at a freight panel.
Foxx Comfortable With Decision to Open Border to Mexican Trucks
WASHINGTON — Transportation Secretary Anthony Foxx said his department had plenty of information under which to justify opening the U.S. border to Mexican trucks despite a report from the Inspector General that said there were too few participants in a pilot program to determine if all Mexican trucks were safe enough to run U.S. roads.
Diesel Declines 8.4¢ to $3.053 a Gallon
Diesel’s national average pump price declined 8.4 cents to $3.053 a gallon, a four-year low, the Department of Energy reported Jan. 12.
January 12, 2015FMCSA Announces $30 Million to Help States Collect Safety Data
The Federal Motor Carrier Safety Administration on Jan. 12 announced that $30 million is available to help states modernize their safety data technologies.
Nissan Unveils Cummins-Powered Pickup
Revamped versions of Nissan Motor Co.’s Titan and Toyota Motor Corp.’s Tacoma are set to hit dealer lots in 2015, raising to nine the number of pickup models sold in the U.S. that will have been redesigned within the last three years.
Swift Deploying Spireon’s FleetLocate Tracking Units on New Trailers
Swift Transportation Co. is adopting Spireon Inc.’s FleetLocate trailer tracking technology, beginning with the new dry van trailers it adds to its fleet this year, the companies said in a joint announcement.
Despite Progress, Diesel Emissions Still an Issue for Environmental Regulators
WASHINGTON — Environmental officials from California and the East Coast said during a Transportation Research Board panel here that trucks still require special attention because of diesel emissions, even though such output became much cleaner from 1998 to 2010.
Government Transport Planners Compare US, European Systems at TRB
WASHINGTON — In a Jan. 11 session of the Transportation Research Board, European and American transportation planners admired each other’s freight systems as part of TRB’s 94th annual meeting here.
Drivers Start 2015 With Cheapest Gas in Six Years
Drivers paid an average of $2.202 a gallon for regular gasoline at U.S. pumps last week, the lowest level for this time of year since 2009, according to Lundberg Survey Inc.
US Opening Border to Mexican Truckers
The United States border is being opened to Mexican carriers, the Department of Transportation announced Jan. 9.