Business

About Business News...

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.

Fuel, Business, Logistics, Government

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, 2013
Business

Used 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, 2013
Government, Business

Court 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, 2013
Business, Logistics

Intermodal 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, 2013
Business

Nat-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, 2013
Business

Producer 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, 2013
Government, Business

FHWA 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.

Scott Gutierrez | Staff Reporter
December 13, 2013
Government, Business

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.

Scott Gutierrez | Staff Reporter
December 12, 2013
Business

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, 2013
Government, Business

Economic 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.

Rip Watson | Special to Transport Topics
December 12, 2013