Business

About Business News...

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.

Business

Connecticut to Consider Toll Options on I-95

Connecticut is preparing to conduct a $1.4 million study on express-lane tolls in the state’s Interstate 95 corridor, potentially without the use of tollbooths, the New Haven Register newspaper reported.

April 2, 2012
Business

Trimac Buys Majority of Ontario Carrier

Trimac Transportation Ltd. has taken control of another Canadian bulk trucking rival, completing its acquisition of a 60% stake in the parent of bulk liquids hauler Fortress Trucking Ltd. for C$4.4 million.

April 2, 2012
Business

ISM Manufacturing Index Rises in March

U.S. manufacturing activity improved in March, the Institute for Supply Management said Monday.

April 2, 2012
Business

Construction Spending Falls in February

Construction spending dropped 1.1% in February, the largest decline in seven months, the Commerce Department said Monday.

April 2, 2012
Business, Fuel

Oil Holds Near Six-Week Low $103 a Barrel

Oil rose slightly in early trading Monday but held near a six-week low just over $103 a barrel, Bloomberg reported.

April 2, 2012
Business, Fuel

Truck, Engine Makers See Natural Gas as Practical Alternative to Diesel Fuel

LOUISVILLE, Ky.—Truck and engine manufacturers at the Mid-America Trucking Show here declared natural gas the victor in the industry’s search for a practical alternative fuel to diesel, saying they could have three different types of natural-gas engines by 2013 and a nationwide network of 100 fueling stations that offer it by 2014.

April 2, 2012
Business, Technology

New Engines in Cooling Units to Meet Emissions Mandates

LOUISVILLE, Ky. — The two major manufacturers of cooling units for refrigerated trailers said that they have devised new technology that will meet federal emissions mandates for small diesel engines that take effect Jan. 1, 2013.

April 2, 2012
Business, Technology

IdleAir Debuts Electrification Site in Arizona

IdleAir, which provides truck stop electrification services, said it has opened a location on Interstate 10 in Benson, Ariz., its 26th station in the United States.

April 2, 2012
Perspective, Business

Opinion: Driver Choice and Rear-Impact Crashes

Why do cars run into tractor-trailers stopped on the shoulders of roads? How could anyone miss seeing a tractor-trailer? It happens all too frequently.

April 2, 2012
Editorial, Business

Editorial: Optimism at MATS

The Mid-America Trucking Show, held every March in Louisville, Ky., is the nation’s largest trucking show and a wonderful barometer of what is going on in the industry.

April 2, 2012