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, Eaton Unveil Heavy-Duty Powertrain
Engine maker Cummins Inc. and component manufacturer Eaton Corp. unveiled a new powertrain package for the North American heavy-duty truck market that they said will boost fuel economy by 3% to 6%.
March 14, 2012Import Prices Rise 0.4% in February
The price of goods imported to the United States rose 0.4% in February, the Labor Department said Wednesday.
March 14, 2012Senate Kills Rest-Area Commercialization Amendment
The Senate voted down an amendment during consideration of the federal highway bill that would have allowed commercialization of interstate rest areas.
March 14, 2012Ind., Ky. to Share $2.6 Billion Cost of Two Ohio River Toll Bridges
The governors of Indiana and Kentucky have signed an agreement to share construction costs for two new toll bridges across the Ohio River that are projected to cost truckers $10 to cross.
Pa. Turnpike Considering Electronic Tolling Plan
A plan by the Pennsylvania Turnpike to move toward electronic tolling would put a 76% surcharge for motorists who do not use E-ZPass devices, the Philadelphia Inquirer reported Tuesday.
March 13, 2012Bill Would Prohibit Tolls on I-95 in North Carolina
Plans to charge a toll on Interstate 95 in North Carolina will make it more difficult for businesses to quickly and cheaply ship goods up and down the East Coast, the Associated Press reported, while a federal lawmaker has introduced a bill that would prohibit tolling the major north-south artery in the state.
March 13, 2012Business Inventories Rise in January
Business inventories rose 0.7% in January as automobile stockpiles increased by the most in a year and a half, the Commerce Department said Tuesday.
March 13, 2012Retail Sales Rise 1.1%; Gain Is Most in Five Months
Retail sales rose 1.1% in February, the biggest gain in five months, the Commerce Department said Tuesday.
March 13, 2012Diesel Rises 2.9¢ to $4.123 a Gallon; Gasoline Gains 3.6¢ to $3.829
Diesel continued its uphill climb, rising 2.9 cents to $4.123 a gallon, its seventh straight gain and the ninth in 10 weeks, while gasoline also rose, the Department of Energy said.
March 12, 2012Brenny Wins 2012 Award From Women in Trucking
KISSIMMEE, Fla. — Joyce Brenny received the second Influential Woman in Trucking award, which recognized her contributions to trucking and commitment to people in the industry.
March 12, 2012