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 Drops 5.6¢ to $2.13
Diesel fuel continued its downward track Monday, falling 5.6 cents from a week ago to an average $2.13 gallon nationwide, Department of Energy reported.
February 23, 2009Intermodal Traffic Plunges in 4Q
Intermodal international container volume fell 11.1% in the fourth quarter of last year, the seventh straight quarterly decline, the Intermodal Association of North America reported.
February 23, 2009P.A.M. Reports Loss for 4Q, Year
Truckload carrier P.A.M. Transportation Services reported a fourth-quarter loss of $11.4 million, or $1.19 per share, compared with a loss of $840,000, or 8 cents, a year ago.
February 23, 2009Gas Gains 2.6¢ to $1.944, Lundberg Says
Gasoline’s national average price rose 2.6 cents over the two weeks ended Friday to $1.944 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
February 23, 2009White House Backs Off Mileage-Based Tax
The White House backed off a suggestion by Transportation Secretary Ray LaHood that the Obama administration would consider a vehicle mileage tax in lieu of the federal gasoline tax, the Washington Post reported.
February 23, 2009EPA Rejects Navistar’s Call for Delay on 2010 Engine Rule
The Environmental Protection Agency has rejected Navistar Inc.’s request to allow manufacturers sell engines compliant with either the agency’s 2007 or 2010 emission standards until 2012.
February 23, 2009EPA Rejects Navistar’s Call for Delay on 2010 Engine Rule
The Environmental Protection Agency has rejected Navistar Inc.’s request to allow manufacturers sell engines compliant with either the agency’s 2007 or 2010 emission standards until 2012.
February 23, 2009Trucking Official Asks Congress for Help on Freight Mobility
Congress should focus on better freight mobility as a national goal, a trucking official told a congressional hearing held in Los Angeles Friday.
February 23, 2009FleetPride Acquires Multibearings Service Co.
Heavy-duty truck and trailer aftermarket part distributor FleetPride Inc. said Monday it completed its acquisition of Multibearings Service Co., based in south Florida.
February 23, 2009TransCore Expands Freight Match Service Options
TransCore said it is broadening its offerings by creating a 3sixty Freight Match Express program intended to offer access to the company’s DAT Network for small fleets, brokers and carriers.
February 23, 2009