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.
Oil-by-Rail Safety Rule Seen Adding Costs: Railroads, API
Proposed federal rules to make hauling crude oil by rail safer and avoid fiery wrecks would drive up costs and put the U.S. energy revival at risk, the head of an oil industry trade group said.
September 30, 2014FHWA’s Nadeau Says States Need Long-Term Highway Funding
WASHINGTON — Acting Federal Highway Administrator Gregory Nadeau on Sept. 30 urged lawmakers to approve a “long-term, sustainable” transportation funding measure in order to help advance the efforts by states and municipalities to repair or replace aging infrastructure.
Pennsylvania Seeks to Build 37 CNG Stations
Pennsylvania is seeking to build 37 public compressed natural gas fueling stations through a public-private partnership.
September 30, 2014Con-way Freight to Boost Driver Pay
Con-way Freight will boost drivers' pay rates and reduce the time it takes for drivers to reach top pay scale.
September 30, 2014Accuride Signs 10-Year Lease Extension for Indiana Headquarters
Accuride Corp. signed a 10-year lease extension for its building in Evansville, Indiana.
September 30, 2014Consumer Confidence Declines to Four-Month Low
Confidence among U.S. consumers declined in September to a four-month low as Americans’ views of the labor market deteriorated.
September 30, 2014Wal-Mart: Tracy Morgan, Other Van Occupants in Crash Weren’t Belted
Wal-Mart Stores Inc. claimed in a court document that the occupants of a van involved in the June crash that killed a colleague of comedian Tracy Morgan were not wearing seat belts at the time of the accident.
Mack, Telogis Partner to Provide Built-In Fleet Management Technology
Mack Trucks has partnered with technology supplier Telogis to offer fleet-management services using built-in telematics hardware.
Peterbilt Offers Password-Protected Trucks
Peterbilt Motors Co. is offering an anti-theft system that requires a driver to enter a password to start the truck.
September 29, 2014Autonomous-Vehicle Market Expected to be Hampered by Legislation
Legislation and liability uncertainties are expected to be the main barriers for autonomous vehicles becoming more widely adopted, according to a new report.
September 29, 2014