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.
PacLease to Offer LNG-Powered Trucks for Rent
PacLease said it is offering liquefied natural gas powered trucks for rent in several Western states through a partnership with Kenworth Sales Co. and Blu LNG.
May 21, 2013E&MU: Spark vs. Compression: Natural Gas ABCs
All natural-gas engines take advantage of the fuel’s lower cost and lower output of regulated emissions than diesel fuel, but there are some key differences in the types of engines available that could affect a truck buyer’s considerations of what type to buy.
May 21, 2013Help Inc. to Deliver Cargo Theft Alerts
Help Inc. said it will deliver cargo theft alerts to roadside enforcement officers at truck inspection facilities in more than 30 states.
May 21, 2013Commuter Traffic Snarls I-95 in Connecticut Following Weekend Train Crash
Traffic along Interstate 95 and nearby roads in Connecticut was more clogged than usual Monday as about 30,000 commuters who would usually ride commuter rail drove instead, the Associated Press reported.
May 20, 2013Legislation Introduced to Halt Imported BioFuel
Legislation was introduced in the U.S. Senate to ensure only domestically sourced advanced biofuels are used to meet the U.S. Environmental Protection Agency’s renewable fuel mandate, according to a bill co-sponsor Tennessee Senator Bob Corker (R).
May 20, 2013FHWA Plans Listening Session Next Week on Truck Size and Weight
The Federal Highway Administration has scheduled its first public outreach session to gather input for its study on the safety and infrastructure implications of increased truck size and weight limits.
Spireon Reports Higher Revenue, Shipments
Asset-tracking provider Spireon Inc. said its first-quarter revenue increased from a year ago.
May 20, 2013Maersk Swings to First-Quarter Profit
A.P. Moller-Maersk reported a first-quarter profit compared with a loss a year ago, but revised its global container forecast downward, Bloomberg News reported.
May 20, 2013Gasoline Jumps 11.2¢ on Refinery Outages, Lundberg Reports
Gasoline jumped 11.2 cents in the past two weeks to $3.66 a gallon, as refineries in the Midwest and West Coast regions experienced outages, according to the latest Lundberg Survey of filling stations released Sunday.
May 20, 2013Opinion: It’s Not Too Late to Fight the Broker Bond
In today’s America, money wins out over sound judgment, and politics are used by powerful lobbies to secure laws and regulations favorable to them and their interests. Take, for example, the $75,000 property broker bond, commonly referred to as the “freight broker” bond.
May 20, 2013