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.
Trucking Hails Obama’s Choice, Gina McCarthy, to Oversee EPA
President Obama has nominated Gina McCarthy, an expert on clean air regulations and no stranger to the trucking industry, to head the Environmental Protection Agency.
March 11, 2013Truck Makers, Suppliers Look Toward MATS to Help Spark Slumping Heavy-Duty Sales
North America’s heavy-duty truck makers and many major suppliers hope to reignite slumping heavy-duty sales when the Mid-America Trucking Show begins this week at the Kentucky Exposition Center in Louisville.
March 11, 2013TMC Discussing Engine Technology, Nat Gas, Equipment Regulations During Annual Meeting
Truck maintenance directors are gathering for the annual meeting of American Trucking Associations’ Technology & Maintenance Council March 11-14 in Nashville, Tenn., to tackle some of the most pressing challenges facing fleets today.
March 11, 2013Diesel, Gasoline Decline, Breaking String of Increases
The string of fevered increases in U.S. retail diesel and gasoline prices broke last week as the Department of Energy reported declines for both of the products.
March 11, 2013Trucking Adds 5,600 Jobs as Payrolls Rise; Unemployment Rate Drops to 7.7%
The trucking industry added 5,600 jobs in February as U.S. payrolls jumped by 236,000 and the unemployment rate fell to 7.7%, the Labor Department reported Friday.
March 8, 2013N.Y./N.J Port, Longshoremen Reach Tentative Agreement
Longshoremen and the Port of New York and New Jersey have reached a tentative six-year labor agreement, Reuters reported.
March 8, 2013Westport’s Natural-Gas Engine Deliveries Rise 25% for Year
Westport Innovations Inc. said its natural-gas engine sales declined for the fourth quarter but rose 25% for the year on higher North American and international demand.
March 8, 2013Wholesale Inventories Increase 1.2% in January
Wholesale inventories jumped 1.2% in January, the largest increase in more than a year, the Commerce Department said Friday.
March 8, 2013Intermodal Traffic Rises 9.7% for Week
U.S. rail intermodal traffic rose 9.7% to 249,238 units last week over the same week a year ago, the Association of American Railroads said.
March 8, 2013House Bill Would Continue Saturday Mail Delivery
A bill passed by the U.S. House of Representatives would ensure that the U.S. Postal Service continues Saturday mail service for the rest of the fiscal year, Rep. Jose Serrano (D-N.Y.) said.
March 7, 2013