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.
ATRI Seeks Driver Input on HOS, Detention Time
The American Transportation Research Institute launched two online surveys targeting commercial truck drivers’ input on critical operational issues.
April 9, 2014EPA Awards $4.2 Million for Clean Diesel Port Projects
The U.S. Environmental Protection Agency said it will award $4.2 million in grant funding for clean diesel projects at six ports.
April 9, 2014Cass Freight Index Improves in March
The March Cass Freight Index rose 0.4% over the same month last year and improved 6.6% above February’s level, reflecting an improving market for motor carriers and other transport providers.
Ceva Logistics Opens Foreign Trade Zone in Miami
Ceva Logistics said it has opened a Foreign Trade Zone warehouse in Miami, approved by the U.S. Customs and Border Protection.
April 9, 2014Wholesale Inventories Rise in February
Wholesale inventories rose 0.5% in February and sales increased, the Commerce Department reported April 9.
April 9, 2014OOIDA Calls on FMCSA to Extend Medical Certification Deadline
The Owner-Operator Independent Drivers Association has asked the Federal Motor Carrier Safety Administration to extend the registration deadline its members must meet to be certified by a medical professional.
Diesel to Average $3.87 This Summer, DOE Says in Short-Term Energy Outlook
Diesel will average $3.87 a gallon this summer — 2 cents less than last summer and about 9 cents below its current national average price, the Department of Energy reported.
Mack to Add 100 Workers at Pa. Plant
Mack Trucks confirmed that it plans to add about 100 jobs at its assembly plant in Macungie, Pa., during the next few months to meet rising customer demand.
House Democrat Seeks Backing for Infrastructure Bill
Rep. John Delaney (D-Md.) told a House transportation panel that the need to improve roads and bridges nationwide should trump partisan rifts on Capitol Hill as he drummed up support for the legislative fix he introduced last year aimed at upgrading aging infrastructure.
Swift Says Weather Will Affect 1Q Earnings
Swift Transportation Co. said it expects its first-quarter earnings to be 11 to 13 cents per share, lower than previously expected, due to severe weather.
April 8, 2014