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.
Wex Fleet One to Launch Interface with McLeod Software
Fuel-card provider Wex Fleet One said it will launch a real-time, interactive fuel-card interface with McLeod’s LoadMaster Enterprise.
June 25, 2014Rep. Delaney to Promote Infrastructure Bill At Press Club June 26
Rep. John Delaney (D-Md.) will have a chance to promote his legislation that establishes a $50 billion infrastructure fund to boost highway projects when he appears at the National Press Club June 26.
Diesel Rises 3.7¢ to $3.919 a Gallon
Diesel rose for the first time in eight weeks, gaining 3.7 cents to $3.919 a gallon, and gasoline rose for the fourth time in five weeks, the Department of Energy reported June 23.
Sen. Wyden Proposes Increase to Truck Tax for Trust Fund Short-Term Fix
The chairman of the Senate Finance Committee offered a draft proposal June 24 that would increase a tax on heavy trucks as a means of keeping the federal highway account solvent through the end of the year.
New Home Sales Rise in May by Most in 22 Years
Sales of new homes increased 18.6% in May, the biggest one-month gain since January 1992, to a 504,000 annualized pace, figures from the Commerce Department showed June 24 in Washington.
June 24, 2014ATA Seeks Applications for Executive Leadership Program
American Trucking Associations is seeking applications for the second class of its executive leadership program.
June 24, 2014Consumer Confidence Index Rises in June
The Conference Board’s index of U.S. consumer confidence increased to 85.2 in June from 82.2 a month earlier, the New York-based private research group said.
June 24, 2014Home Prices in 20 US Cities Increased at Slower Pace in April
Home prices in 20 U.S. cities rose at a slower pace than forecast in the year ended in April as declining affordability put a lid on appreciation.
June 24, 2014Daimler Launches Parts E-Commerce Platform
Daimler Trucks North America said it has launched an e-commerce platform that allows transactions between customers and DTNA’s parts and service network.
June 24, 2014May Trailer Orders Jump 52%
May trailer orders jumped 52% from the year-ago level, continuing the strong growth trend seen throughout 2014, ACT Research reported.
June 23, 2014