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.
Wholesale Inventories Decline 0.2%
Wholesale inventories declined 0.2% in November, the Commerce Department said Tuesday.
January 11, 2011Diesel Rises 0.2¢ to $3.333 in Sixth Straight Increase
Diesel rose for the sixth straight week though its increase slowed, gaining 0.2 cent to a national average $3.333 a gallon at the pump, the Department of Energy reported.
January 11, 2011DEF Dispensers to Be Installed at 50 TravelCenters Truck Stops
TravelCenters of America said that it will install diesel exhaust fluid dispensers at fuel islands of 50 of its truck stops during 2011.
January 10, 2011Snow, Ice Cause Problems in Southeast
Snow and ice in the Southeast overnight caused temporary closure of some highways and forced cancellation of thousands of flights in and out of Atlanta on Monday, news services reported.
January 10, 2011Oil Rises from Three-Week Low
Oil rose in early trading Monday after finishing Friday at a three-week low near $88 a barrel, Bloomberg reported.
January 10, 2011UPS to Open 4 New Distribution Centers to Meet Demand for Health-Care Services
UPS Inc. on Jan. 4 said it is expanding distribution facilities this year in the United States and three other countries to handle growing global demand for outsourced shipments of health-care products such as medicines and supplies.
January 10, 2011Limiting Heavy-Duty Truck Speeds
The National Highway Traffic Safety Administration has finally responded to our request for a federal mandate to limit heavy-duty truck speeds to 68 mph in order to improve safety on the nation’s highways.
January 10, 2011LTL Southeastern Freight Lines Opens Logistics Solutions Division
Less-than-truckload carrier Southeastern Freight Lines, Lexington, S.C., opened a new logistics division Jan. 4 to provide shippers with services in dry van, refrigerated and flatbed truckload, expedited delivery, intermodal drayage, brokerage, air freight and distribution.
January 10, 2011HOS Proposal Raises Ire on All Sides of Issue
The Federal Motor Carrier Safety Administration’s new proposed hours-of-service rule, which would impose complex restrictions on commercial drivers’ work schedules, was panned by officials on all sides of the issue.
January 10, 2011Truck Auctions Drawing More Buyer Interest as Used Vehicle Prices Rise, Supply Declines
Auctions are getting another look from truck buyers as good used equipment becomes scarce and prices are rising, according to dealers and industry watchers.
January 10, 2011