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.
DOT Sends Bill to Congress
The four-year, $302 billion highway bill Transportation Secretary Anthony Foxx sent Congress on April 29 proposes reforms to certain corporate taxes as a way to bolster a dwindling federal highway account that helps states fund large-scale infrastructure projects.
May 5, 2014OEMs Report Strong 1Q Results
Truck maker Paccar Inc. and the truck divisions of Daimler AG and Volvo AB reported improved first-quarter results as economic growth and replacement demand continued to drive purchases in North America.
May 5, 2014March Trailer Orders Soar 71.6%, ACT Says
Trailer orders surged 71.6% in March from a year earlier as freight growth, tight capacity and improving carrier profits continued to drive demand for new equipment, ACT Research reported.
May 5, 2014Tire Data Help Carriers Delay Need for Retreads
Large fleets with massive stocks of tires to maintain need a lot of tools. But the most important tool — data — is often missing, fleet managers and tire makers said.
May 5, 2014Groups Tell Commerce Secretary DGE is Best Way to Sell Nat Gas
Several business trade groups asked Commerce Secretary Penny Pritzker to help persuade the National Conference on Weights and Measures to certify the diesel-gallon equivalent as the official measurement for compressed and liquefied natural gas when used as truck fuel.
May 5, 2014Fleet Demand for Credit Up With Economy
Better business conditions for freight haulers is boosting demand for credit as well as opening the door to increased competition among financial service providers, trucking industry financiers said.
May 5, 2014Infrastructure Supporters to Call on Congress to Bolster Nation’s Transportation Network
Transportation leaders and infrastructure advocates will again call on Congress to implement long-term financing structures, such as raising the federal fuel tax, to rehabilitate roads and bridges around the country.
May 5, 2014Nat Gas for Trucks Grows as Alternative to Diesel
Natural gas continues to grow steadily as an alternative transportation fuel as more trucking companies adopt use of compressed and liquefied natural gas.
May 5, 2014Fleets Urge Standards Over Technologies With Next Federal Greenhouse-Gas Rule
WASHINGTON — Fleet executives told a National Research Council committee of their efforts to save on fuel consumption and what they would recommend to federal agencies that are writing the next rule on greenhouse-gas emissions.
May 5, 2014Winter Cuts 1Q Profits For Trucking Services
Several more publicly traded fleets released quarterly earnings that were punished by winter weather, joining carriers that earlier reported results that were better and worse from the effect of storms and extreme cold.
May 5, 2014