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.
Senate Bill Would Hinder Sale, Lease of Transportation Assets
The ability of state and local governments to raise cash by leasing or selling transportation assets to private investors would be slowed down, if not killed altogether, under a bill introduced by Sen. Richard Durbin (D-Ill.).
EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Diesel Dips 0.4¢ to $3.95 a Gallon; Gasoline Falls for Sixth Week
Diesel’s national average pump price dipped 0.4 cent to $3.95 a gallon, while gasoline took its sixth straight decline, dropping 6.1 cents to $3.652, the Department of Energy said.
June 21, 2011Nevada Bans Texting, Handheld Conversations While Driving
Nevada became the 34th state to ban texting while driving and the ninth to ban talking on handheld cell phones while driving.
June 21, 2011Existing Homes Sales Fall 3.8%
Existing home sales fell 3.8% in May, the National Association of Realtors said Tuesday.
June 21, 2011New Haven Port Seeks to Aid Truckers
The Port of New Haven has received $380,000 to build 14 electrification stations so truckers can park in comfort with engines off as they wait to load or unload cargo, according to the New Haven Register.
June 20, 2011PeopleNet to Unveil Enhanced Blu.2
PeopleNet Communications will introduce a new model of its in-cab computer known as Blu.2 that is designed to enhance functionality of the company’s earlier model.
June 20, 2011Ryder, Ceva Logistics Expand Trailer-Leasing Pact
Ryder System said Monday it has expanded its leasing contract with Ceva Logistics by adding more than 1,000 trailers.
June 20, 2011iTECH: Cracking Down on Fuel Card Fraud
Statistics on just how much money is lost annually to fraudulent fuel sales are elusive — neither the U.S. Department of Energy nor its Energy Information Administration maintains such records — but the industry is aware that it’s going on.
June 20, 2011Oil Falls to Near $91 a Barrel
Oil fell to near $91 a barrel in early trading Monday, the lowest intraday price since February and below the closing price at the end of last year, Bloomberg reported.
June 20, 2011May Truck Sales Surge 68%
Heavy-duty U.S. truck sales surged 68.3% in May compared with year-ago results, the fastest monthly growth rate in a 17-month string of gains.
June 20, 2011