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 Rises 1.1¢ to $3.828; Increase Is First Following Six Declines
Diesel rose 1.1 cents to $3.828 a gallon, its first gain following six declines, the Department of Energy reported.
July 9, 2013Volvo Recalls 23,000 Tractors to Address Clutch Issue
Volvo Trucks North America has begun a recall to of 23,003 units to deal with a potential clutch problem, the manufacturer advised the National Highway Traffic Safety Administration.
Epes Carriers Merges Trucking Subsidiaries
Epes Carriers said it has merged its trucking subsidiaries, Epes Transport System and Texas Star Express.
July 9, 2013Eaton Launches Rebuilder Program
Eaton Corp. said it has launched an authorized program for aftermarket suppliers to rebuild and sell its heavy-duty transmissions.
July 9, 2013Kansas Transportation Officials Mull Tolls for Future Highway Needs
Transportation officials in Kansas, faced with growing congestion in metropolitan areas, are considering more tolls to keep traffic moving, the Kansas City Star reported.
July 9, 2013PeopleNet, Drivewyze Integrate Technology
PeopleNet said it has integrated its GPS and mobile communication technologies with the Drivewyze PreClear electronic weigh station pre-clearance system and will be a reseller of the service.
July 8, 2013Ritchie Bros. President Announces Retirement
Ritchie Bros. Auctioneers announced the retirement of its president, Rob Mackay, effective Oct. 31. He has been with the company for 28 years.
July 8, 2013ARI Acquires German Fleet Management Company
Truck-and-car fleet services company ARI said it has acquired the fleet management segment of Stuttgart, Germany-based Fleetlevel+ Services. Terms were not disclosed.
July 8, 2013Trucking Sheds 3,500 Jobs in June
Trucking lost 3,500 jobs in June, while U.S. employers added 195,000 workers to payrolls, the Labor Department reported.
July 8, 2013Derailment of Freight Train Carrying Crude Oil Causes Huge Explosion in Quebec
Rescuers continued searching Monday for about 40 people missing after a huge weekend freight train crash in Quebec in which at least five railcars loaded with crude oil exploded after becoming untethered, the Associated Press reported.
July 8, 2013