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.
Construction Spending Declines for Third Straight Month
U.S. construction spending fell for a third straight month in November, declining 0.2%, the Commerce Department said Wednesday.January 3, 2007
Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
ABF Freight System Expands Services to Central, Southern States
Less-than-truckload carrier ABF Freight System said late Tuesday it has expanded its regional transportation network to include central and southern states.January 3, 2007
Diesel Price Declines 1.6¢ to $2.58 a Gallon
The national average retail price of diesel fuel fell 1.6 cents to $2.58 a gallon, the Department of Energy said Tuesday.January 3, 2007
U.S. Border Remains Closed to Trucks From Mexico
The Department of Transportation went from being “very close” to opening the border with Mexico to trucks, to preparing a pilot project to allow such trucks to enter the country, to having the border shuttered indefinitely to Mexican truck traffic.
Cummins Gains EPA Certification for ’07 Truck Engines
Diesel engine manufacturer Cummins Inc. said late Tuesday that the Environmental Protection Agency has certified the company’s medium- and heavy-duty truck engines for 2007.January 2, 2007
N.D. Trucking Firm Lewis Transportation Closes Doors
Fargo, N.D., trucking firm Lewis Transportation, which has employees in at least seven states, is shutting down after 43 years of operation, the Associated Press reported.January 2, 2007
BNSF Logistics Buys North Dakota 3PL Firm
BNSF Logistics said Tuesday it acquired third-party logistics firm Pro-Am Transportation Services, based in Jamestown, N.D. Terms were not disclosed.January 2, 2007
Pitt Ohio to Sell Internal Software Package Starting This Month
Less-than-truckload carrier Pitt Ohio Express said it will start selling an internally developed software package, aimed at improving customer management and reducing bad accounts, to fleets this month.
EPA Issues Guidelines for 2010 Engine Emissions
The Environmental Protection Agency issued guidelines to engine manufacturers governing the use of new technology to meet 2010 emission standards. It also said it will approve pollution rules governing railroad emissions in 2007.
Technology Briefs — Dec. 27 - Jan. 2
Tech Firm Trimble to Buy AtRoad for $417 Mln. • Trailer Bridge Joins EPA SmartWay Program • CN Gets RFID-Based Chassis Tracking SystemJanuary 2, 2007