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.
Cummins Receives 2014 Fuel-Efficiency Certification from EPA
Cummins Inc. has received the first Environmental Protection Agency certification for meeting 2014 fuel efficiency and greenhouse gas rules, the engine maker said Monday.
October 1, 2012ISM Manufacturing Index Improves in September
U.S. manufacturing activity rose in September from to a three-year low, showing expansion for the month, the Institute for Supply Management said Monday.
October 1, 2012Construction Spending Drops in August
Construction spending fell in August, the Commerce Department said Monday.
October 1, 2012C.H. Robinson Sets New Chemical Logistics Unit
C.H. Robinson Worldwide said Monday it has formed a new ChemSolutions division to provide logistics services to chemical manufacturing and distribution customers.
October 1, 2012Eaton Buys Chilean Parts Manufacturer
Eaton Corp. has acquired Chilean heavy industry parts manufacturer Rolec Comercial e Industrial, the component supplier said.
October 1, 2012Oil Falls Below $92 a Barrel
Oil fell from its highest closing price in a week early Monday to below $92 a barrel as manufacturing levels fell in China, Bloomberg reported.
October 1, 2012Opinion: Virginia’s Troops to Trucks Program
With the availability of so many recently discharged veterans, many of whom have operated heavy vehicles, and the need for qualified drivers, one would think that Washington would find a way to expedite the marriage of the availability with the need.
October 1, 2012Editorial: Knock, Knock
“Hi. We’re from the government, and we’re here to help you.” Not buying it? Well, that seems to be the logic behind the Federal Motor Carrier Safety Administration’s filing in federal court last week, defending the agency’s decision to modify the 34-hour restart provision of the new hours-of-service rule.
October 1, 2012Trailer Orders Rise 15%, Ending String of Monthly Drops
Trailer orders rose 15% in August from a year earlier, ACT Research reported, reversing a recent pattern of decline and fueling hope that the traditionally strong fourth quarter order pace will occur again this year.
October 1, 2012More Universities Seek Industry Sponsors to Finance Transport Research, Experts Say
With federal funding of transportation research facing political and budgetary pressures, many schools and research institutions are turning to industry to support research ranging from alternative fuels to electronic networks that connect vehicles and roadway infrastructure in ways that could lead to fewer and less severe crashes, according to industry experts and academic sources.
October 1, 2012