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.
Mexico Plans to Invest $100 Billion in Ports, Rail, Roads
The Mexican government said it would invest close to $100 billion in road, port and rail projects over the next five years, the Associated Press reported.
July 17, 2013Housing Starts Fall to Lowest Level in a Year
June housing starts fell 9.9% to the lowest level in a year, the Commerce Department said Wednesday.
July 17, 2013EBE Partners With Truckop.com to Streamline Parts Ordering
EBE Technologies Inc., a transportation management and workflow company, said it has partnered with Truckop.com to streamline the truck-part ordering process.
July 17, 2013Navistar Launches Heavy-Duty WorkStar
Navistar Inc. said Tuesday it has launched its heavy-duty International WorkStar vocational truck, powered by the company’s 13-liter engine with selective catalytic reduction emissions technology.
July 16, 2013Love’s Travel Stops Offers DEF at All Locations
Love’s Travel Stops said it is now offering diesel exhaust fluid at the pump for truck drivers at its 245 U.S. locations.
July 16, 2013Ohio Turnpike Commission Approves 10-Year Toll Plan
The Ohio Turnpike and Infrastructure Commission has approved a 10-year toll plan that’s expected to increase rates by about 2.7% annually for cars and trucks.
Industrial Production Rises by Most in Four Months
Industrial production took its biggest increase in four months, gaining 0.3% in June, the Federal Reserve reported Tuesday.
July 16, 2013Diesel Rises 3.9¢ to $3.867; Gas Gains 14.7¢
Diesel rose 3.9 cents to $3.867 a gallon — the second straight increase and biggest since February — while gasoline gained 14.7 cents, the Department of Energy reported.
July 16, 2013Consumer Price Index Rises on Higher Gasoline Prices
The consumer price index rose 0.5% in June on higher gasoline prices, the Labor Department said Tuesday.
July 16, 2013Construction Continues on $1 Billion Port of Long Beach Bridge
The Port of Long Beach, Calif., said crews have begun demolishing the final sections of an off-ramp where the first sections of a new $1 billion bridge will be constructed.
July 16, 2013