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.
DOT to Undertake Heavy-Truck Study
The Department of Transportation will seek assistance from state agencies in a study of the safety performance of overweight heavy trucks — those that run heavy both with permits and those that run overweight illegally.
Kansas Repealing Property Tax on Trucking Equipment
Kansas Gov. Sam Brownback signed legislation that as of 2014 repeals the state’s 56-year-old property tax on trucks, tractors and trailers.
FedEx in Talks to Buy French Shipping Firm
FedEx Corp. said Tuesday that it is in discussions to potentially acquire Tatex, a French express transportation company.
April 17, 2012Heartland Express Reports Higher 1Q Profit
Truckload carrier Heartland Express on Tuesday said its first quarter profit rose to $16.6 million, or 19 cents per share, from $14.9 million, or 16 cents, a year ago.
April 17, 2012Frito-Lay Adding Natural Gas Trucks to Fleet
Frito-Lay on Tuesday said it is adding 67 compressed natural gas trucks to its private fleet, the New York Times reported.
April 17, 2012Navajo Express Expands Dry Van Operations
Navajo Express said it has expanded the operations of its dry van division, Digby Truck Lines, between the California coast and the Pacific Northwest.
April 17, 2012Industrial Production Unchanged in March
Industrial production remained unchanged in March for a second month, the Federal Reserve said Tuesday.
April 17, 2012Housing Starts Fall 5.8% in March
Housing starts dropped 5.8% in March to a five-month low, the Commerce Department said Tuesday.
April 17, 2012Diesel Drops 2.1¢ to $4.127; Gasoline Declines Again
Diesel fell for the second time in three weeks — but just the third since early January — dropping 2.1 cents to $4.127 a gallon, the Department of Energy said Monday.
April 16, 2012Canada Plans Greenhouse Gas Trucking Emissions Regulations Similar to U.S.
Canadian officials have proposed regulations that would align that country with the greenhouse gas emissions standards for heavy-duty trucks that the U.S. published last year.