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.
Energy Executive T. Boone Pickens Touts Promise of Natural Gas
ARLINGTON, Va. — Oil and gas industry legend T. Boone Pickens said here Thursday that it would be in the best interests of the trucking industry to embrace natural gas as a transportation fuel.
Truck Stop Executives See Growing Acceptance of Natural Gas
ARLINGTON, Va. — The emergence of natural gas as a viable fuel for the commercial trucking industry is a matter of when — and not if — issues such as a cost-effective fuel supply network, a new generation of engines and driver acceptance are overcome, industry experts said here Thursday.
Favorable Economics Seen Boosting Natural Gas as Trucking Fuel
ARLINGTON, Va. — The trucking industry’s adoption of natural-gas vehicles will be driven by favorable economics made possible by a vast domestic supply of the fuel, natural-gas producers and advocates said Thursday at a conference examining the fuel’s potential for transportation, hosted by American Trucking Associations.
Producers Cite Positive Shift in Outlook for NatGas
ARLINGTON, Va. — The use of natural gas as a transportation fuel is increasing in an “era of unconventional” fuel sources, executives of several energy producers said at ATA’s Summit on Natural Gas in Trucking on Thursday.
L.A. Port Strike Spreads to Port of Long Beach
A strike by clerical workers at the largest pier at the Port of Los Angeles has spread to three terminals at the neighboring Port of Long Beach, the Associated Press reported.
November 29, 2012Economy Expanded Slowly, Fed’s 'Beige Book' Reports
The U.S. economy expanded at a measured pace in recent weeks, the Federal Reserve said.
November 29, 2012Initial Jobless Claims Fall for Week
Initial jobless claims fell by 23,000 last week, the Labor Department said Thursday.
November 29, 2012Descartes Systems’ Fiscal 3Q Profit Rises
Trucking and logistics management provider Descartes Systems Group’s fiscal third-quarter net income rose from a year ago.
November 29, 2012Schneider Starts Used Fleet Truck Sales
Schneider National said it has started selling its used fleet trucks that have just come off the road, most in the 2005 through 2007 model years.
November 29, 2012Shuster to Chair House Transportation Committee
House Republicans Wednesday chose Rep. Bill Shuster (R-Pa.) to be the next chairman of the House Transportation and Infrastructure Committee when the new congressional session begins in January.