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.
Vehicle-Miles Traveled Increases in 2014 to Highest Level Since 2008, FHWA Says
Cars, trucks and buses logged 1.47 trillion vehicle-miles during the first half of this year, the highest level since 2008, the Federal Highway Administration recently reported.
September 8, 2014Diesel Average Falls to $3.814; Price is Lowest Since July 2012
The average price for a gallon of diesel fuel in the United States fell 0.7 cent to $3.814 a gallon, the lowest level in more than two years, the Department of Energy reported last week.
September 8, 2014Supply-Chain Firm EnVista Opens Office for Europe, Middle East, Africa
EnVista, a provider of supply chain consulting and information technology services, said it has opened an office in the United Kingdom to serve as its headquarters for Europe, the Middle East and Africa.
September 5, 2014Wabash National to Expand Composites Production
Trailer maker Wabash National Corp. said it plans to invest more than $2 million to expand production operations for its composites business to a facility in Frankfort, Indiana.
September 5, 2014Seattle Taps Ex-Polar Executive to Head Port
Ted Fick, former CEO of trailer maker Polar Corp., has been selected as CEO at the Port of Seattle to replace Tai Yoshitani, who is retiring at the end of this month.
Ridewell Launches New Trailer Suspension
Ridewell Suspensions said it is launching a new trailer suspension designed to reduce weight while maintaining overall durability.
September 5, 2014DOT Webinars to Focus on ‘Future of Freight,’ Aviation
The Department of Transportation has scheduled public webinars beginning Sept. 8 on proposals to improve the movement of freight across transportation networks and ways to advance aviation technologies in the coming years.
Video System to Alert Truck Drivers to Parking Spaces at Minnesota Rest Stops
Transportation officials in Minnesota have deployed a new video technology system at three rest stops along the Interstate 94 corridor near the Twin Cities to help truckers find safe places to park.
Eaton Unveils Medium-Duty Procision Transmission
MARSHALL, Mich. — Eaton Corp. unveiled a new automated transmission for Classes 6-7 medium-duty trucks that company officials said will boost fuel economy 8% to 10% over torque-converter automatics.
Anheuser-Busch Converts Houston Fleet to CNG
Anheuser-Busch is converting its fleet of 66 diesel trucks in Houston to compressed natural gas-powered engines.
September 5, 2014