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.
Omnitek Receives EPA Certification for Detroit Nat-Gas Engine
Omnitek Engineering Corp. said it has received certification from the U.S. Environmental Protection Agency for diesel-to-natural-gas conversions of the Detroit Diesel Series 60.
September 11, 2014QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
Fleet Advantage Promotes Holland to President
Fleet Advantage, a truck fleet equipment financing firm based in Fort Lauderdale, Florida, announced that it promoted Brian Holland to president from senior vice president.
September 11, 2014Unemployment Claims Rise to Two Month High
The number of Americans filing for unemployment benefits unexpectedly rose last week to a two-month high, interrupting a steady decrease to the lowest level since before the last recession.
September 11, 2014Hub Group Switches Drivers to Employee Status
Hub Group Inc. has decided to voluntarily make drayage drivers in California into employees, taking a different stance from other fleets that continue to insist that intermodal truckers are independent contractors.
September 10, 2014DOE Lowers Diesel-Price Forecast
Diesel’s national average retail price will be $3.86 a gallon this year, the Department of Energy said, lowering its most recent forecast by 2 cents.
Visteon Board Said to Weigh Splitting Into Two Companies
Visteon Corp., the auto-parts maker that was once a unit of Ford Motor Co., is exploring a plan to split into two companies, one focused on electronics and the other on climate controls, people familiar with the matter said.
September 10, 2014Peterbilt Demonstrates Autonomous Driving Technologies
Peterbilt Motors Co. said it demonstrated autonomous driving technologies in Detroit on its Model 579 concept truck.
September 10, 2014Wholesale Inventories Rise in July
Wholesale inventories rose 0.1% in July, the smallest increase since the same month last year, after rising 0.2% the prior month, the Commerce Department reported Sept. 10.
September 10, 2014Lawmakers Tout TIGER Grants for Infrastructure Projects
Several members of Congress, both Republicans and Democrats, are boasting about grants that the Department of Transportation has awarded to projects in their districts ahead of an official announcement by the department.
Movers Seek Hours-of-Service Exemption
The American Moving & Storage Association has applied for an exemption for its 3,700 member companies from federal regulations preventing motor carriers from driving following the 14th hour after coming on duty.