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.
Clean Energy Building CNG Fueling Stations Near Airports
Clean Energy Fuels Corp. said Monday it will own, operate and supply fuel for new compressed natural gas public access stations to support ground operations at airports in Atlanta and Oklahoma City.
September 29, 2008Minnesota Trucker Buys Wisconsin Carrier
J&R Schugel Trucking, New Ulm, Minn., is buying Wisconsin-based Martin Trucking Co., and will make Martin’s facility its fifth terminal, the Tomah (Wis.) Journal reported Sunday.
September 29, 2008Diesel Volumes at Truck Stops Declined in August, NATSO Says
Diesel volumes at truck stops continue this year to decline over volumes a year ago, according to a fuel survey conducted by a truck stop trade group.
September 29, 2008Union Pacific Adds Low-Emission Units
Union Pacific Railroad is expanding its use of lower-emission locomotives by agreeing to conduct the rail industry’s first test of such units in regional freight service.
Personal Spending Unchanged in August
Consumer personal spending was unchanged in August, despite the rise in employment and drop in consumer confidence, the Commerce Department said Monday.
September 29, 2008David May Named ATA Driver of the Year
David May, a West Seneca, N.Y.-based driver for Con-way Freight, was named American Trucking Associations’ 2008 National Truck Driver of the Year.
September 29, 2008Gas Drops 4¢ to $3.66, Lundberg Says
The national average price of regular gasoline fell 4 cents over the two weeks ended Friday, to $3.66 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
September 29, 2008Freight Worries Growing
Truck tonnage gained 2.6% in August from last year but fell sharply from July, which analysts said was evidence of a deteriorating freight market that could become even worse because of mounting economic uncertainty and financial market problems.
September 29, 2008Experts Cite Driver Behavior as a Key Factor in Extending Service Life, Raising Efficiency
From maintaining optimum air pressure to avoiding jack-rabbit starts, a truck driver’s actions affect not only the life expectancy of tires but also a vehicle’s fuel efficiency.
September 29, 2008Diesel Slips Under $4 a Gallon
Diesel fuel’s national average price fell 6.5 cents to $3.958 a gallon, the 10th straight weekly decline and the first time it has fallen below the $4 mark in almost six months, the Department of Energy said Sept. 22, although a surge in crude oil prices added uncertainty to the outlook.
September 29, 2008