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.
Diesel Climbs for Third Week, Rising 4.3¢ to $2.904
Diesel’s national average pump price rose for the third straight week, increasing 4.3 cents to $2.904 a gallon, the Department of Energy said.
March 9, 2010Rock Slide Closes Stretch of I-70 in Colorado
A 17-mile stretch of Interstate 70 in Colorado has been closed indefinitely after a huge rock slide Monday.
March 9, 2010RFID Market to Grow 14% by 2014, Report Predicts
The market for radio frequency identification technologies will grow through the next five years, ABI Research predicted in a report.
March 8, 2010Bose Corp. Sets Price for High-Tech Seat
Bose Corp. officials have set the retail price for a sophisticated new heavy-duty truck seat, which is now available for purchase, at $5,995.
March 8, 2010Qualcomm Unveils Software For Fleets to Monitor Drivers
LAS VEGAS — Qualcomm Inc. unveiled here its new Analytics Manager Service, which the company said would allow fleets to monitor driver performance and safety more easily.
March 8, 2010Proposed Hazmat Fees Unfair to Large Carriers, ATA Says
A proposed federal rule that triples to $3,000 the annual registration fee for large motor carriers who haul hazardous materials but maintains a $300 fee for small carriers places an unfair burden on large carriers, American Trucking Associations said.
March 8, 2010Navistar-Caterpillar Venture to Sell Trucks in Australia
Navistar International Corp. said its joint venture to build commercial trucks with Caterpillar Inc. will begin selling vehicles in Australia by the middle of this year.
March 8, 2010Gasoline Gains 9.6¢ to $2.73 a Gallon, Lundberg Says
Gasoline’s national average price rose 9.6 cents in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of fuel prices released Sunday.
March 8, 2010Roadrunner Files Public Offering Plan
Roadrunner Transportation Services Holdings filed a registration statement announcing its intention to sell as much as $150 million in stock through a public offering.
March 8, 2010Jack Cooper Transport Names Robert Griffin CEO
Jack Cooper Transport said that it has promoted Robert Griffin, the company’s president, to chief executive officer.
March 8, 2010