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.
Manufacturing Activity in Philadelphia Area Cools
Manufacturing activity in the Philadelphia Region expanded at a slower pace in November, the Federal Reserve Bank of Philadelphia said Nov. 21.
November 21, 2013Questar Opens 200-Truck CNG Station in Texas
Questar Fueling Co. said it has opened a new compressed natural gas fueling station in Texas that is the largest CNG station in the United States.
November 21, 2013Producer Price Index Declines For Second Month
Prices paid to U.S. producers dipped for a second consecutive month, declining 0.2% in October, the Labor Department reported Nov. 21.
November 21, 2013Weekly Jobless Claims Fall by 21,000
Initial jobless claims declined by 21,000 last week, the Labor Department reported Nov. 21.
November 21, 2013Long Beach Ousts Harbor Commission President
The city council of Long Beach, Calif., has voted to remove from office the president of the Board of Harbor Commissioners, which oversees the city’s port, the Long Beach Press-Telegram reported.
November 20, 2013Ferus and ENN Announce Joint Venture for LNG Plants in Canada
Ferus Natural Gas Fuels and ENN Canada announced a joint venture to build, own and operate two liquefied natural gas liquefaction plants in Canada.
November 20, 2013Carriers That Use Driver Screening Program See Lower Crash Rates, FMCSA Says
Trucking companies using the Federal Motor Carrier Safety Administration’s Pre-Employment Screening Program reduced their crash rates by 15%, with midsize carriers seeing even greater improvements, according to a recent FMCSA study.
ATA Calls for “Immediate Action” on HOS
Leaders of American Trucking Associations called on the Federal Motor Carrier Safety Administration and Congress to take “immediate action” to address what they said were problems caused by changes to the hours-of-service rule that took effect July 1.
I-35 Section Closed in Minnesota Due to Bridge Deterioration
Minnesota officials have closed a section of Interstate 35 in Duluth after inspectors found a deteriorating piling on a bridge.
November 20, 2013Existing Homes Sales Decline to Lowest Level in Four Months
Existing home sales declined 3.2% in October to the lowest level in three months, the National Association of Realtors said Nov. 20.
November 20, 2013