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.
Wholesale Inventories Fall 0.3% in February
Wholesale inventories fell 0.3% in February, the Commerce Department said Tuesday.
April 9, 2013Diesel Declines Again, Dipping 1.6¢ to $3.977
Diesel and gasoline both declined for a sixth straight week, with diesel dipping 1.6 cents to $3.977 a gallon, the Department of Energy reported.
April 9, 2013Pa. I-78 Rest Stop to Be Closed at Night This Week
The trucker parking lot at the Interstate 78 Welcome Center in eastern Pennsylvania — a popular rest stop for longhaul truckers — will be closed most nights this week, and truckers are being advised to make other plans for scheduled rest stops.
April 9, 2013UPS Appeals EU’s Rejection of Bid to Buy TNT Express
UPS Inc. has appealed the European Union’s decision to block its $6.8 billion bid to buy European package firm TNT Express, seeking to clarify the regulator’s legal arguments but not to renew its interest in the deal, Bloomberg News reported Monday.
April 8, 2013CNG One Source Acquires Emission Solutions Inc.
CNG One Source said it acquired Emission Solutions Inc., which makes natural-gas engines for heavy-duty trucks. Terms were not disclosed.
April 8, 2013Vermont Plan Could Boost Diesel Tax
The Vermont Senate’s efforts to minimize an increase in the state’s gasoline tax could raise the diesel tax there by as much as 4 cents over the next two years, the Rutland (Vt.) Herald reported.
April 8, 2013S.C. Port Authority Reduces Truck Emissions at Facilities
The South Carolina Port Authority said Monday it has reduced truck emissions at its facilities by more than 50% through a combination of idle-reduction efforts, fleet upgrades and fuel content changes.
April 8, 2013First Dual-Powered Nat-Gas/Diesel Glider Kit to be Available in June
American Power Group said that it has partnered with Fitzgerald Glider Kits to offer the nation’s first dual-powered natural-gas/diesel-powered glider kit.
April 8, 2013Gasoline Falls 6.1¢ to $3.647, Lundberg Reports
Gasoline’s national average pump price fell 6.1 cents in the past two weeks to $3.647 a gallon, according to the latest Lundberg survey of filling stations released Sunday.
April 8, 2013Groups Seek Changes to MAP-21 Regulations That Affect Brokers’ Bonding Requirements
Several organizations said they are pushing to repeal or modify parts of last year’s highway funding law that set new registration and bonding requirements for freight brokers and forwarders.
April 8, 2013