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.
Renewable Fuels Quotas for 2014 Delayed by EPA After Fight
The U.S. Environmental Protection Agency punted on setting quotas for the use of renewable fuels in 2014 and pledged to lay out next year targets for 2014-2016.
November 21, 2014Thanksgiving Highway Travel Expected to Rise
The number of Americans traveling more than 50 miles by car for Thanksgiving weekend will rise 4.3% from last year to 41.3 million, auto group AAA predicted.
November 21, 2014BNSF to Spend $6 Billion in 2015 to Ease Rail Gridlock
BNSF Railway Co., the railroad owned by Warren Buffett’s Berkshire Hathaway Inc., plans to spend a record $6 billion next year to help speed trains and improve service crimped by surging grain and oil shipments.
November 21, 2014Michelin Sees Tire That Avoids Flats on Cars Eventually
Michelin’s plan to be the first large-scale maker of airless tires that avoid punctures will first target flat-prone industries such as construction. Passenger cars may eventually use the technology, too.
November 21, 2014DHL Sets 4.9% Rate Increase for 2015
DHL Express has set a 4.9% average price increase for its account holders, effective Jan. 2.
Descartes Buys Transportation Tech Provider Airclic for $29.7 Million
Descartes Systems Group has acquired Airclic Inc., a provider of mobile systems that help companies reduce the cost of delivering goods by automating traditional paper-based processes.
Intermodal Traffic Rises 2.6% for Week
U.S. rail intermodal traffic increased 2.6% in the week ended Nov. 15 compared with the same week last year, the Association of American Railroads reported.
November 21, 2014Rep. Diaz-Balart to Oversee House Transportation Funding Committee in 114th Congress
Rep. Mario Diaz-Balart (R-Fla.) will be the next chairman of the House Transportation, Housing and Urban Development Appropriations Subcommittee, the full committee’s chairman announced Nov. 20.
LiveOnWeb Replay: The 2014 Top 50 Logistics Companies
Watch a replay of our Nov. 19 installment of LiveOnWeb that focused on Transport Topics' release of the 2014 Top 50 Logistics Companies. Our TT panel was joined by Bob Farrell, Executive Director of the Automobile Carriers Conference. The panel conducted an overview of the list, analyzed capacity and congestion concerns and discussed automobile manufacturing and delivery challenges.
November 20, 2014Update: Large Section of Snowed-Under New York Thruway Still Closed
The New York State Thruway entered its third day of being shut down on Nov. 20 between Exit 46 in Rochester and Exit 61 in Ripley as snow continued to fall in the region.