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.
Sales of Previously Owned Homes Climb to 10-Month High
Purchases of previously owned U.S. homes rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers.
August 21, 2014Jobless Claims Decline by 14,000 Last Week
Fewer Americans than forecast applied for unemployment benefits last week, a sign the U.S. job market is making progress as the world’s largest economy grows.
August 21, 2014Video: Graves, ATA Staff Respond to ALS #IceBucketChallenge
American Trucking Associations President and CEO Bill Graves accepted an #IceBucketChallenge Aug. 20, rallying about 16 ATA staffers to dump buckets of ice water over their heads to show support and awareness for ALS.
August 20, 2014Former DOT Chief Burnley Named to Board of Transportation Think Tank
James Burnley IV, the former secretary of transportation who lobbies on behalf of trucking and logistics company Con-way Inc., joined the Eno Center for Transportation’s board of directors this month, according to the nonpartisan Washington, D.C.-based think tank.
PeopleNet to Offer Android Platform, Unveils Plans for Video-Safety Systems
PeopleNet said it will soon expand its onboard fleet-management applications to Android mobile devices and unveiled plans to launch its own video-based safety technology.
Ontario Becomes First Province to Allow TrailerTail Attachments
Ontario has become the first province to authorize use of aerodynamic TrailerTail attachments after Canada’s transportation department amended the law, according to ATDynamics.
August 20, 2014Va. Tech Working to Display Traffic Signs Inside Vehicle
The Virginia Tech Transportation Institute is conducting a study to display stop and yield signs on a vehicle’s dashboard screen, allowing a driver to pass through an intersection if no other cars are present.
August 20, 2014CMA Launches Duraturn Commercial Tires
Tire firm China Manufacturers Alliance said it has launched a new brand of commercial tires called Duraturn TBR.
August 20, 2014Kenworth Adds Nat-Gas Option to T880 Vocational Truck
Kenworth Truck Co. is adding a natural-gas option for its T880 vocational truck.
August 19, 2014Diesel Drops to $3.835; Price Lowest in Nine Months
The national average price of retail diesel fuel dipped 0.8 cent to $3.835 a gallon, the lowest level in nine months, the Department of Energy reported Aug. 18.
August 19, 2014