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.
Thermo King Integrates Telematics With iSeries
Refrigeration-unit maker Thermo King said it has integrated its telematics system into the iSeries transportation management software for truckload fleets from Add On Systems Inc.
September 11, 2013Oil Rises From Two-Week Low
Oil rose from its lowest level in two weeks Sept. 11, on speculation that a U.S. attack on Syria may threaten Middle Eastern oil exports even after President Obama decided to delay military strikes, Bloomberg News reported.
September 11, 2013Diesel to Average $3.96 This Year, DOE Says
Diesel fuel will average $3.96 a gallon this year, below its current pump price, the Department of Energy said Sept. 10.
September 10, 2013Permanent I-5 Span in Washington to be Completed Sept. 14
Crews in Washington state are planning to move a new span of the Interstate 5 Skagit River bridge into place on the night of Sept. 14, the Washington State Department of Transportation said.
September 10, 2013Diesel Holds at $3.981 a Gallon; Gas Dips 2.1¢
Diesel held at $3.981 a gallon, matching last week’s five-month high, while gasoline slipped 2.1 cents to $3.587, the Department of Energy reported.
September 10, 2013Federal Judge Hears Arguments on Megaloads Trucked Through Reservation
Attorneys from Idaho’s Nez Perce Tribe and from a unit of General Electric Co. argued in federal court Sept. 9, in Boise about megaloads moving through the tribe’s reservation and a national park, the Associated Press reported.
September 10, 2013ATRI Seeks Truck Drivers’ Input on HOS
The American Transportation Research Institute said it is soliciting truck drivers’ input on the effects of the recent changes to the hours-of-service rules, which went into effect July 1.
September 9, 2013UPS Teamsters to Vote Again on Rejected Agreements
Teamsters at UPS Inc. will vote again starting Sept. 18 on seven of the 17 supplemental agreements that were rejected in June when the national master agreement was approved, the union has announced.
N.J. Gov. Christie Vetoes Bill to Classify Port Truckers as Employees
New Jersey Gov. Chris Christie (R) vetoed a bill Sept. 9 that would have classified most port drayage and parcel truck drivers in the state as employees, and put the burden on carriers to prove that drivers are independent owner-operators, he said.
Central Freight Lines Buys 100 CNG Trucks
Less-than-truckload carrier Central Freight Lines Inc. has added 100 Freightliner compressed natural gas-powered tractors to its fleet of more than 1,600 trucks, the companies announced.
September 9, 2013