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.
Pilot Flying J President Leaves Company
Pilot Flying J President Mark Hazelwood has left the company, which has not announced a successor to the executive who was in charge last year during a fuel-rebate investigation.
May 20, 2014Diesel Declines for Third Week, Falling 1.4¢ to $3.934 a Gallon
Diesel declined for the third consecutive week, slipping 1.4 cents to $3.934 a gallon, the Department of Energy reported May 19.
May 20, 2014Miami Port Unveils $900 Million Tunnel to Ease Truck Traffic
A $900 million underwater tunnel that will give trucks leaving the port of Miami faster access to highways was unveiled May 19, four years after construction began.
May 20, 2014LaHood Joins Infrastructure Investment Firm
Former Transportation Secretary Ray LaHood has taken a position as a senior adviser with Meridiam North America, an investment firm specializing in infrastructure.
May 20, 2014Verizon, J.J. Keller Partner to Create Fleet Management Device
Verizon Networkfleet and J.J. Keller said they have partnered to create a GPS-enabled fleet management device for regional and longhaul trucking.
May 20, 2014Foxx Touts Infrastructure in Florida Visit
Transportation Secretary Anthony Foxx continued the administration’s press for Congress to pass a transportation funding bill during a visit to Florida on May 19.
UAW Ratifies 4-Year Contract at Daimler’s N.C. Truck Plants
Union members at three Daimler Trucks North America manufacturing facilities in North Carolina have ratified a new four-year collective bargaining agreement, the company said May 19.
May 19, 2014Ward Trucking, DHE Form Coast-to-Coast LTL Partnership
Ward Transport & Logistics and Dependable Highway Express announced a less-than-truckload network between Western states and the Mid-Atlantic, beginning Aug. 1.
May 19, 2014Navistar, Swift Set Test Program to Boost Fuel Economy
Navistar Inc. and Swift Transportation Co. announced a joint pilot program designed to maximize trucks’ fuel economy.
May 19, 2014Gas-Tax Buying Power at All-time Low in Some States, Study Says
The gasoline tax is so low and has not been raised for so long in 10 states, that the levy’s purchasing power has fallen to historic lows, a new study said.