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.
White House Completes Review of Heavy-Vehicle Electronic Stability Control System Rule
The White House Office of Management and Budget has completed its review of the National Highway Traffic Safety Administration’s final rule on electronic stability control systems for heavy vehicles, bringing it a step closer to publication.
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Self-Driving Truck Corridor From Mexico to Canada Proposed
A trade group recently proposed the creation of a corridor for self-driving trucks to deliver freight without passports or visas from Mexico to Canada, CBC reported.
May 27, 2015Iraq Set to Flood Oil Market to Further Undercut US Shale
Iraq is taking OPEC's strategy to defend its share of the global oil market to a new level.
, May 27, 2015Diesel Average Rises a Penny to $2.914 in Sixth Straight Gain
Diesel’s national average price rose a penny to $2.914 a gallon, the sixth straight increase for trucking's main fuel, the Department of Energy reported.
Transportation Crippled as Flooding, Tornadoes Ravage Texas, Oklahoma
More than 10 inches of rain flooded Houston the morning of May 26, closing freeways and prompting the suspension of all public transit. See photos.
May 26, 2015ILWU Overwhemingly Approves 5-Year Contract for West Coast Dockworkers
West Coast longshore workers voted overwhelmingly to ratify a five-year labor contract with port terminal operators represented by the Pacific Maritime Association.
Eno Center to Release Report About 1982 Gas Tax on May 27
The Eno Center for Transportation will unveil a report May 27 that looks at the gas tax increase during the Reagan administration.
Equipment Makers Express Support For Changing Mid-America Schedule
Several truck and trailer manufacturers said they would prefer to see the annual Mid-America Trucking Show held every other year, echoing Daimler Trucks North America’s recent call for the continent’s largest trucking show to move to a two-year cycle.
May 26, 2015Aveda Transportation to Buy Oil-Field Carrier Hodges Trucking
Calgary, Alberta-based Aveda Transportation and Energy Services Inc., which provides oil-field hauling services and equipment rentals to the energy industry, said it signed a purchase agreement to buy Oklahoma City-based Hodges Trucking Co.
May 26, 2015PeopleNet Acquires Cadec to Expand Its Technology for the Private-Fleet Sector
Trucking technology supplier PeopleNet has acquired Cadec Global Inc. in a move that expands the company’s fleet-management offerings for the foodservice and private-fleet sectors.