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.
Trade Deficit Widens in March
The U.S. trade deficit widened in March to the highest level in more than a year, as crude oil imports rose, the Commerce Department said Wednesday.
May 12, 2010Va. Wants Federal Approval to Toll I-95 Near N.C. Border
Virginia Gov. Bob McDonnell (R) has asked federal officials to allow tolls on Interstate 95 near the North Carolina border to pay for repairs he said are needed on the interstate, the Associated Press reported.
May 12, 2010ArvinMeritor Launching Vocational Trailer Suspension
FRANKFORT, Ky. — ArvinMeritor Inc. is about to launch a new line of trailing-arm air-ride trailer suspensions specifically designed for fleets that operate in vocational markets.
May 11, 2010DOE Boosts Diesel’s 2010 Price Forecast to Over $3 a Gallon
Diesel’s national average price will top $3 a gallon this year, the Department of Energy said Tuesday, boosting an earlier forecast by a dime.
May 11, 2010Navistar Signs 5-Year Truck-Supply Pact With J.B. Hunt
Navistar Inc. has signed a long-term agreement to supply J.B. Hunt Transport Services with International brand commercial trucks through 2014.
May 11, 2010Former DOT Chief Skinner Defends LaHood
CHICAGO — Former Transportation Secretary Samuel Skinner defended current Secretary Ray LaHood, telling tank truck executives here that recent pushes to promote rail and other modes of transportation at the expense of trucking were likely foisted upon him by the White House.
Tornado Destroys Oklahoma Truck Stop
Tornados ripped through Oklahoma Monday, killing five, injuring 10 and destroying a Love’s Travel Stop near Oklahoma City, among other buildings.
May 11, 2010S.C. Trucking Assn. May Withdraw Support on Tort Reform
The South Carolina Trucking Association said it will withdraw support of a tort reform measure it championed if lawmakers do not kill amendments that the association said have weakened the bill.
S.C. Trucking Assn. May Withdraw Support on Tort Reform
The South Carolina Trucking Association said it will withdraw support of a tort reform measure it championed if lawmakers do not kill amendments that the association said have weakened the bill.
Wholesale Inventories Rise in March
Wholesale inventories rose 0.4% in March, the Commerce Department said Tuesday.
May 11, 2010