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.
Factory Production Posts Tepid Growth in January
Factory production rose less than forecast in January as motor vehicle assemblies declined along with demand for construction materials, indicating U.S. manufacturing is moderating.
Housing Starts Fall as Demand for Single-Family Homes Cools
Builders broke ground on fewer U.S. residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.
Be Aware of Elements That Cause Corrosion, Experts Say
NASHVILLE, Tenn. — Fifty years ago, the only type of corrosion the trucking industry worried about was from road salt on the truck chassis. But today, no part of a truck is safe from corrosion, said those who run, build, maintain and wash trucks.
Cummins Filtration Releases New Filter
NASHVILLE, Tenn. — Cummins Filtration Inc. announced the release of a new oil filter for the Cummins ISX15 engine.
February 17, 2015Capacity Trucks Introduces Sabre Terminal Tractor at TMC
NASHVILLE, Tenn. — Capacity Trucks showed a new terminal tractor for warehouse, port and intermodal operations while another terminal tractor maker, Kalmar Ottawa, said its T2 terminal tractor helped the company to its second-best year ever.
Diesel Average Climbs 3¢ to $2.865 a Gallon
U.S. retail fuel prices rose last week, with diesel gaining 3 cents a gallon, on average, while gasoline added 8.3 cents, the Department of Energy reported.
Labor Secretary Tom Perez Arrives as West Coast Ports Reopen
West Coast ports that were closed to incoming cargo over the holiday weekend reopened Feb. 17.
February 17, 2015Bolt Introduces Enhanced Mapping Product
Bolt, provider of a Web-based fleet management and dispatch platform, announced that it is now offering enhanced mapping software.
February 17, 2015ICAT Logistics Forms New Subsidiary, ICAT Customs Brokerage
ICAT Logistics Inc., an agency-based freight forwarder, said it has launched a new subsidiary, ICAT Customs Brokerage, to expand and enhance the company’s services.
February 17, 2015Pegasus TransTech Expands Transflo Express Scanning Network
Pegasus TransTech said it has expanded its Transflo Express truck-stop scanning network to more than 250 sites operated by TravelCenters of America.
February 17, 2015