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.
Diesel Price Dips 0.4¢ to $3.879, Resumes Slide After Two Gains
U.S. diesel prices dipped 0.4 cent to a national average of $3.879 a gallon, ending two weeks of increases that were the fuel’s only upturns in the past three months, the Department of Energy reported Dec. 9.
December 16, 2013Used Commercial Vehicle Registrations Rise 7.8% in Three Quarters
Registrations of used commercial vehicles rose 7.8% in the first nine months of 2013 over the same period last year, according to auto data firm R.L. Polk & Co.
December 13, 2013Court Overturns EPA’s Navistar Engine Penalty Rule
A federal appeals court has thrown out an Environmental Protection Agency rule that allowed Navistar Inc. to pay penalties while it continued to sell engines that did not meet 2010 federal emissions standards.
December 13, 2013Intermodal Rail Volume Rises 9.4% for Week
Intermodal rail volume for the week ended Dec. 7 rose 9.4% from the same period last year, the Association of American Railroads reported.
December 13, 2013Nat-Gas Vehicle Orders Rise Among Clean Energy Customers
Clean Energy Fuels Corp. said its customers ordered 70% more natural gas-powered vehicles in the first nine months of 2013 from the same period last year.
December 13, 2013Producer Price Index Declines for Third Month
Prices paid to U.S. producers dipped for a third consecutive month, declining 0.1% in November, the Labor Department reported Dec. 13.
December 13, 2013FHWA Extends Comment Time on Freight Network Proposal
The Federal Highway Administration is extending the deadline for public comments on its draft of a Primary Freight Network to Jan. 17, according to a notice in the Federal Register.
NHTSA Administrator Strickland to Step Down
National Highway and Traffic Safety Administrator David Strickland is resigning from his post, the U.S. Department of Transportation confirmed Dec. 12.
Carl Ice Named CEO of BNSF Railway
Berkshire Hathaway Inc., parent company of BNSF Railway, has promoted Carl Ice to CEO of the freight railroad, replacing Matthew Rose, the company said.
December 12, 2013Economic Growth Will Benefit Trucking in 2014, ATA’s Costello Says
The U.S. economy should pick up next year to grow at a 2.5% pace and stimulate trucking demand, American Trucking Associations Chief Economist Bob Costello said.