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.
Utah Mulls Allowing 80-MPH Speed Limits in Some Areas
State transportation officials in Utah said Monday they will first conduct an analysis of speed-related crash data before deciding whether to increase the speed limit to 80-mph on three stretches of rural Interstates.
Bison Transport Testing Use of LNG-Powered Trucks
Canadian truckload carrier Bison Transport has begun testing the use of liquefied natural-gas powered trucks, the Canadian Broadcasting Corp. reported.
April 2, 2013Diesel Dips 1.3¢ to Fall Below $4 for First Time Since January
Diesel fell 1.3 cents to $3.993 a gallon, the fifth straight decline and first time it has been below $4 a gallon since January, the Department of Energy reported.
April 2, 2013Factory Orders Rise 3%, Biggest Increase in Five Months
Factory orders rose 3% in February, the biggest gain in five months, the Commerce Department reported Tuesday.
April 2, 2013Louisville Truckload Carrier Takes Delivery of Freightliner CNG Truck
Truckload carrier M&M Cartage, Louisville, Ky., said it took delivery of its first dedicated compressed natural gas-powered truck, a 2013 Class 8 Freightliner.
April 2, 2013Oil Supplies Surge to 22-Year High
U.S. crude oil inventories rose to the highest level in more than 22 years last week as production surged and refineries wrapped up annual maintenance programs, Bloomberg News reported Tuesday.
April 2, 2013N.Y. State to Lay Off Thruway Workers
The New York State Thruway Authority plans to lay off about 150 toll takers, drivers, mechanics and other workers, as the result of its decision last year to scrap a plan for new tolls on trucks, the Syracuse (N.Y.) Post-Standard reported.
April 2, 2013Construction Spending Rises in February
Construction spending rose 1.2% in February, the Commerce Department reported.
April 1, 2013TA to be Listed on New York Stock Exchange
TravelCenters of America said it will be listed on the New York Stock Exchange and expects trading to begin on Thursday.
April 1, 2013Oil Price Slips to Near $97 a Barrel
Oil fell slightly Monday to finish the trading day at just over $97 a barrel Monday, after earlier sliding to near $96 a barrel, Bloomberg News reported.
April 1, 2013