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.
Blu Launches First US Natural-Gas Recapture System
Liquefied natural gas-fueling company Blu said it has launched the first U.S. system to recapture boil-off gas from storage tanks and return it to the pipeline.
August 14, 2014Jobless Claims in US Rise to Highest Level in Six Weeks
Applications for unemployment benefits in the U.S. rose more than forecast last week, interrupting a steady decline to pre-recession lows.
August 14, 2014Import Price Drops for First Time in Three Months
The price of imported goods dropped in July, the first decline in three months, the Labor Department reported Aug. 14.
August 14, 2014Record Number of Women Drivers Competing at NTDC
Eleven women, a record number, are competing for top honors this week at the National Truck Driving Championships.
Volvo Improves Fuel Efficiency in 2016 VN Tractor
Volvo Trucks said it has improved fuel efficiency in the model year 2016 VN series highway tractor using several aerodynamic and powertrain enhancements.
August 13, 2014Transport America Increases Driver Pay
Transport America is increasing starting driver pay to 43 cents per mile and raising pay for owner operators, solo, team and hazmat drivers.
August 13, 2014Senate Bill Contains Weight Exemption for Nat Gas Trucks
A proposal has been introduced in the U.S. Senate to give a weight exemption to trucks powered by natural-gas engines, which have heavier fuel tanks than those that run on diesel.
FleetCor to Buy Comdata for $3.45 Billion
Trucking fuel card provider Comdata Inc. has agreed to a $3.45 billion acquisition by FleetCor Technologies Inc., another provider of fuel cards, which intends to expand its North American electronic fleet payment services.
August 13, 2014DOT Freight Transportation Index Rises 2.8% in June
The Department of Transportation’s freight transportation services index rose 2.8% in June from the same month last year, DOT said Aug. 13.
August 13, 2014Proposed Reverse Logistics Rule to Offer Exemption From Some Regs
A proposed reverse logistics rule would offer an exception from existing regulations for certain reverse logistics shipments by highway that will create “opportunities for reduced compliance costs among hazmat shippers and carriers, without any decrease in safety,” federal hazmat regulators said.