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.
TMC-Fullbay Report: Repair Shop Sales, Labor Rates Rise
NEW ORLEANS — Heavy-duty repair shops continued to grow their sales last year as labor rates climbed, according to a report from TMC and Fullbay, a provider of repair shop management software.
EPA, DOE Offer $9.4 Million Grant to Develop New Biofuels
A new partnership has been formed between the U.S. Environmental Protection Agency and U.S. Department of Energy to release $9.4 million in grants to develop future advanced biofuels.
Ohio Debuts Warning Signs to Deter Rear-End Highway Crashes
Ohio is putting wrong-way driver technology to use in a new “end-of-queue” warning sign system to deter deadly rear-end crashes at 13 dangerous highway areas.
Grote, Stoneridge Showcase Smart Trailer Tech
NEW ORLEANS — Component and technology supplier Grote Industries showcased its connected trailer system with an added rearview camera at TMC 2024.
Biden Administration Expected to Soften Emissions Rules
The Biden administration is expected to soften proposed regulations meant to sharply curb vehicle emissions and promote EVs, two sources familiar with the situation told The Detroit News.
Orlando’s Self-Driving Shuttle Restarts
Sidelined for four months following a crash, Orlando’s self-driving bus downtown planned a restart of its test runs March 5.
Houthi Missile Damages MSC Containership in Gulf of Aden
Houthi militants attacked and damaged a Swiss-owned container vessel on March 4 in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region.
March 5, 2024Mitchell 1 Bundles Diagnostics Data With Nexiq Software
NEW ORLEANS — Maintenance shop technology provider Mitchell 1 has partnered with Nexiq Technologies to offer a one-stop diagnostic information resource for the truck service industry.
Diesel Price Dips Closer to $4 Mark With 3.6¢ Decline
The national average diesel price took another step closer to the $4 mark with a 3.6-cent decline to reach $4.022 a gallon, per Energy Information Administration data released March 4.
March 4, 2024P.S.I. Enhances Data Portal, Supports Goodyear TPMS
NEW ORLEANS — P.S.I. executive Craig Smith calls Goodyear’s TPMS Plus tire management technology featuring TireView, P.S.I.'s TPMS, "a complete tire management program.”