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.
FMCSA Taking Comments in EOBR Survey Regarding Driver Harassment
The Federal Motor Carrier Safety Administration has opened a 30-day public comment period on its plans to survey more than 1,000 drivers and motor carriers for input on ways that drivers can potentially be harassed by the use of electronic logging devices.
Landstar Lowers 2Q Earnings Forecast
Landstar System said it expects its second-quarter profit to be between 63 and 68 cents per share, 5 cents below its earlier forecast.
May 29, 2013Diesel Dips a Penny to $3.88 a Gallon
Diesel declined 1 cent to $3.88 a gallon, its first decline in three weeks, while gasoline fell 2.8 cents to $3.645, the Department of Energy reported.
May 29, 2013Telogis Enhances Navigation Software, Adds Mileage Offering
Transportation software provider Telogis recently launched an enhanced version of its truck-specific navigation software and added a new mileage application to its platform.
North Dakota Online System to Improve Trucking Permits
The North Dakota Highway Patrol is transitioning to an online system for truck drivers to automatically calculate oversized vehicle routes and fees, the Associated Press reported.
May 29, 2013Lineage Logistics Acquires Chicago-Area Facility
Lineage Logistics said it has acquired a facility in the greater Chicago area that it had been managing for customers. Terms were not disclosed.
May 29, 2013House Bill Would Tax LNG Based on Energy Output
A House bill would tax liquefied natural gas based on energy output rather than a per-gallon basis, according to its co-sponsor, Rep. Mac Thornberry (R-Texas).
May 28, 2013Temporary I-5 Bridge Could Reopen in June
Washington state officials said they could have a temporary crossing in place by as soon as mid-June for the Interstate 5 bridge that collapsed late last week over the Skagit River, the Seattle Times reported.
May 28, 2013Consumer Confidence Jumps to Five-Year High
Consumer confidence rose to a five-year high in May, the New York-based Conference Board said Tuesday.
May 28, 2013U.S. Oil Boom Dividing OPEC, Journal Reports
Rising U.S. oil production is dividing OPEC states, and the global oil cartel is struggling to respond to higher North American oil output from shale, the Wall Street Journal reported Tuesday.
May 28, 2013