Business

About Business News...

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.

Business

Roadrunner Buys Central Cal Transportation

Roadrunner Transportation Systems said Monday it has acquired intermodal transportation company Central Cal Transportation for about $4 million.

November 5, 2012
Business, Fuel

Gasoline Plunges 21¢ to $3.55 a Gallon, Lundberg Survey Reports

Gasoline fell almost 21 cents in the past two weeks to $3.55 a gallon, according to the latest Lundberg survey of filling stations released Sunday, while oil held near a four-month low in the wake of Hurricane Sandy.

November 5, 2012
Government, Business

ISM Services Index Slips in October

An index of the U.S. economy’s service sector declined in October, the Institute for Supply Management said Monday.

November 5, 2012
Business, Fuel

FedEx Freight Testing LNG Tractors

FedEx Freight said it has begun testing two tractors powered by liquefied natural gas.

November 5, 2012
Business, Technology

U.S., Chinese Clean Truck Tech Manufacturers Meet with Government Officials

Clean truck technology company representatives from the U.S. and China met for the first time last week with agencies from both governments, said event sponsor Calstart.

November 5, 2012
Business, Fuel

Manufacturers See Promise in Natural Gas, Tell Fleets to Study CNG, LNG Differences

CINCINNATI — A Volvo Trucks executive described natural gas as a significant “windfall” for the United States, and a manufacturer of natural gas fuel systems said truck buyers must parse a host of fine details before purchasing a vehicle.

November 5, 2012
Business, Fuel

Diesel Dips 2¢ to $4.01 a Gallon; Gasoline Drops Again, Falling 7.6¢, to $3.492

Diesel fell 2 cents to $4.01 a gallon, its third straight downturn, while gasoline fell 7.6 cents to $3.492, its fourth straight decline, the Department of Energy reported.

November 5, 2012
Business

CNG Fueling Stations Open After Storm

Clean Energy Fuels Corp. said that 49 fueling stations in seven states affected by Hurricane Sandy are operational and providing compressed natural gas for fleets.

November 5, 2012
Business

EcoDual Gets EPA Approval for Cummins Engine

EcoDual LLC, manufacturer of diesel-to-natural gas conversion systems for heavy-duty trucks, said it has received authorization from the U.S. Environmental Protection Agency to begin installing its systems on the Cummins ISM 11-liter engine.

November 5, 2012
Government, Business

NAFTA Surface Trade Rises 2.6%

Surface trade among the United States, Canada and Mexico was 2.6% higher in August than the same month last year, the Department of Transportation reported.

November 5, 2012