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.
ThermaFreeze Offers New Refrigerant
ThermaFreeze Products Corp., maker of patented dry gel refrigerant products for use in preserving food and other perishables, including in commercial transport, said it has begun distributing its products to major retailers.
January 13, 2010South Korean Firm to Supply Eaton With Battery Packs
South Korean chemicals producer LG Chem Ltd. agreed to supply lithium-ion battery packs to Eaton Corp., the U.S. maker of commercial vehicle parts, Bloomberg reported.
January 13, 2010Oil Slips Below $80 a Barrel
Oil fell to below $80 a barrel for the first time this month in early trading Wednesday as analysts said U.S. supplies were likely improving, Bloomberg reported.
January 13, 2010LaHood Announces New Group to Fight Distracted Driving
Secretary of Transportation Ray LaHood announced Tuesday the creation of FocusDriven, an organization dedicated to fighting distracted driving.
January 12, 2010Opinion: Women in the Trucking Industry
A friend once told me to “lead from a position of strength.” This helpful piece of advice is a reminder that people don’t want to follow negativity — especially in these turbulent times. They want leaders who can offer them something positive.
January 12, 2010Ferro Hopes for Variety of Perspectives on HOS Rule
WASHINGTON — Anne Ferro, head of the Federal Motor Carrier Safety Administration, told Transport Topics she hoped the agency will get a variety of points of view during its upcoming public hearings on hours-of-service.
Maine Opens Interstates to Heavy Trucks
A federal pilot project taking heavy trucks off Maine’s local routes is drawing cheers from residents along the roads the trucks used to travel.
Calif. Sees No Major Infrastructure Damage from Quake
A powerful earthquake off the shore of Northern California over the weekend caused no significant damage to the state’s transportation infrastructure, the Associated Press reported.
January 12, 2010Diesel Rises for Third Week, Gaining 8.2¢ to $2.879
Diesel and gasoline both rose for a third straight week, with diesel up 8.2 cents to $2.879 a gallon, the Department of Energy said Monday.
January 11, 2010DOE Gives $115 Mil. for ‘SuperTrucks’ Efficiency Program
The U.S. Department of Energy said Monday that it has awarded more than $115 million to heavy truck and engine makers in a partnership designed to improve the efficiency of Class 8 trucks.
January 11, 2010