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.
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, 2012Gasoline 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, 2012ISM 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, 2012FedEx Freight Testing LNG Tractors
FedEx Freight said it has begun testing two tractors powered by liquefied natural gas.
November 5, 2012U.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, 2012Manufacturers 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, 2012Diesel 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, 2012CNG 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, 2012EcoDual 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, 2012NAFTA 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