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.
DOT Freight Transport Index Rises 4.9%
The Department of Transportation’s freight transportation services index rose 4.9% in November from a year ago, DOT said.
January 11, 2012DOE Holds 2012 Diesel Forecast at $3.85
Diesel will average $3.85 a gallon this year and rise to $3.93 next year, the Department of Energy said in its monthly short-term energy outlook.
January 11, 2012Women In Trucking Seeks Nominations for 2012 Award
The Women In Trucking Association is accepting nominations for its second annual Influential Woman of the Year award.
January 11, 2012Vitran Names Keylon Head of U.S. Operations
Toronto-based Vitran Corp. named Chris Keylon to head its less-than-truckload operations in the United States.
January 11, 2012CRST Names President of Logistics Unit
CRST International appointed Scott Pruneau president of CRST Logistics, a business unit that provides freight brokerage services.
January 11, 2012Congress Has Scant Time to Address Transportation Issues This Month
Several key air and ground transportation issues are pressing before Congress, but lawmakers have only a few working days this month in which to address them.
DOT Sets $1.58 Billion for Disaster-Related Repairs
The U.S. Department of Transportation said it will give $1.58 billion to help repair roads and bridges damaged by recent natural disasters.
Wholesale Inventories Rise in November
Wholesale inventories edged up 0.1% in November, the Commerce Department said Tuesday.
January 10, 2012Diesel Rises 4.5¢ to $3.828 in First Gain in Seven Weeks
Diesel rose 4.5 cents to $3.828 a gallon, its first increase in seven weeks, while gasoline jumped 8.3 cents for its third straight gain, the Department of Energy said.
January 10, 2012Bus Industry Asks to Keep Current HOS Rules
Representatives of the bus travel industry told federal regulators Monday that hours-of-service rules for interstate bus drivers need not be changed, while drivers asked for more restrictions, the Fort Worth Star-Telegram reported.