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.
Union Pacific Opens California Route for Double-Stack Intermodal Service
Union Pacific Railroad opened a route through California’s Donner Pass to domestic double-stack intermodal container service, enabling the railroad to operate longer, faster trains.
December 7, 2009DOT Would Report on Tanker Rollovers Under Bill Approved by House Panel
A provision inserted at the last minute into the House hazmat safety bill calls for the Department of Transportation to report to Congress on its efforts to address the longstanding problem of cargo tank rollovers.
December 7, 2009More Use of Technology Cuts Energy Bills as Customers Demand ‘Green’ Initiatives
As customers seek ways to cut expenses and reduce their carbon footprint through the supply chain, warehouse operators are taking their own steps to trim energy use, optimize loads and automate processes.
December 7, 2009Kenworth, Peterbilt to Return to Mid-America Trucking Show
Peterbilt and Kenworth trucks will be on display at the Mid-America Trucking Show in 2010, but Volvos won’t, according to officials of the truck makers.
December 7, 2009Trailer Registrations Fall 57.4%
Registrations of new trailers in the United States are running at less than half of last year’s pace, nearly ensuring that 2009 will be the worst 12 months for trailer sales since at least 1975.
December 7, 2009TMW Acquires Innovative Computing Corp.
TMW Systems last week acquired Innovative Computing Corp., combining two of the best-known names in the marketplace and expanding the reach of the largest provider of fleet-management software.
December 7, 2009DOT Must Work With Congress on Funding Plan, Report Says
The Department of Transportation’s inspector general said the federal agency needs to work with Congress to develop a plan to fund the nation’s surface transportation network.
December 7, 2009Betancourt Begins Venture After Departing Innovative
Ernie Betancourt, until recently the president of Innovative Computing Corp., has parted ways with the country’s oldest provider of trucking software but not with the trucking industry.
December 7, 2009Oberstar Wants Road Funds Included in Jobs Legislation
WASHINGTON — Rep. James Oberstar (D-Minn.), the chairman of the Transportation and Infrastructure Committee, said he was crafting an infrastructure jobs program to supplement federal stimulus efforts.
December 7, 2009Diesel Declines 1.2¢ to $2.775
The average price of U.S. retail dipped 1.2 cents to $2.775 a gallon last week, the fourth straight decline. The fuel, however, remains just 3.3 cents below the high for the year, the Department of Energy reported.
December 7, 2009