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.
Seattle Taps Ex-Polar Executive to Head Port
Ted Fick, former CEO of trailer maker Polar Corp., has been selected as CEO at the Port of Seattle to replace Tai Yoshitani, who is retiring at the end of this month.
Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Ridewell Launches New Trailer Suspension
Ridewell Suspensions said it is launching a new trailer suspension designed to reduce weight while maintaining overall durability.
September 5, 2014DOT Webinars to Focus on ‘Future of Freight,’ Aviation
The Department of Transportation has scheduled public webinars beginning Sept. 8 on proposals to improve the movement of freight across transportation networks and ways to advance aviation technologies in the coming years.
Video System to Alert Truck Drivers to Parking Spaces at Minnesota Rest Stops
Transportation officials in Minnesota have deployed a new video technology system at three rest stops along the Interstate 94 corridor near the Twin Cities to help truckers find safe places to park.
Eaton Unveils Medium-Duty Procision Transmission
MARSHALL, Mich. — Eaton Corp. unveiled a new automated transmission for Classes 6-7 medium-duty trucks that company officials said will boost fuel economy 8% to 10% over torque-converter automatics.
Anheuser-Busch Converts Houston Fleet to CNG
Anheuser-Busch is converting its fleet of 66 diesel trucks in Houston to compressed natural gas-powered engines.
September 5, 2014Trucking Loses 800 Jobs in August as Unemployment Rate Declines
Trucking lost 800 jobs in August as the economy added 142,000 jobs and the unemployment rate declined to 6.1%, the Labor Department reported.
September 5, 2014FMCSA’s Deborah Freund Dies at Age 57
Deborah Freund, who for nearly two decades helped lead trucking safety initiatives at the Federal Motor Carrier Safety Administration, died of breast cancer on Aug. 28. She was 57.
Oberon’s DME Fuel Gets ‘Renewable’ Designation
The U.S. Environmental Protection Agency has designated biogas-based dimethyl ether from Oberon Fuels as a renewable fuel eligible for renewable identification numbers, or RINs.
September 5, 2014Intermodal Rail Volume Rises 4.3% in August
Intermodal rail volume for August rose 4.3% compared with the same time last year, the Association of American Railroads reported.
September 5, 2014