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.
Obama Budget Plan Would Boost Transportation Spending 50% Over Six Years
President Obama’s proposed budget would spend $476 billion on transportation over the next six years — a nearly 50% increase over current levels.
February 14, 2012Import Prices Rise 0.3% in January
The price of goods imported to the United States rose 0.3% in January, the second increase in six months, the Labor Department said Tuesday.
February 14, 2012Obama Calls for Postal Service to End Saturday Mail Delivery
President Obama’s proposed budget calls for the U.S. Postal Service to end Saturday mail delivery, Bloomberg reported.
February 13, 2012Trucking, Railroads Call Truce on Size, Weight Issue in Highway Bill
American Trucking Associations and the Association of American Railroads jointly urged the House of Representatives to approve a proposed highway funding bill, while avoiding attempts to change truck size-and-weight limits provisions contained in the bill.
February 13, 2012iTECH: EOBRs Across the Pond
With a federal mandate on the use of electronic onboard recorders looming over the trucking industry, U.S. carriers may be following a regulatory course similar to one that their European counterparts have been dealing with for several years.
February 13, 2012Phillips & Temro Industries Acquired by Equity Firm
Equity firm Audax Group on Monday announced it has acquired Phillips & Temro Industries, a manufacturer of heating, cooling and silencing products for heavy-duty truck engines. Terms were not dislosed.
February 13, 2012Gasoline Jumps 12¢ to $3.51, Lundberg Says
Gasoline jumped almost 12 cents in the past three weeks to $3.51 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
February 13, 2012Ortec and Xata Launch Mobile Compliance Software
Software providers Ortec and Xata Corp. have announced enhancements to Ortec Mobile, a routing and scheduling software for fleets.
February 13, 2012Clean Energy Opens Natural Gas Fueling Station in Ohio
Clean Energy Fuels Corp. said it has opened a new liquefied natural gas fueling station in Ohio.
February 13, 2012Opinion: Driver Turnaround and New HOS
In the post-HOS environment, minutes matter. By reducing driver turnaround time, we can minimize the fallout from HOS-related capacity constraints.
February 13, 2012