29 Dec TTNews.com to Be Closed for New Year's Transport Topics Online will be closed Friday and Monday for the New Year's holiday. Please check back on Tuesday, Jan. 3, for the latest trucking and freight transportation news. Read more...
29 Dec Oil Dips After Unexpected US Crude Inventory Build Oil futures dipped on Dec. 29 after a surprise build in U.S. crude inventories reversed an advance in prices that had boosted the benchmarks to their highest levels since July 2015. Read more...
29 Dec Amazon Patents Flying Warehouse for Better Drone Deliveries Amazon.com has filed for a patent to use airships to store products and serve as a base for delivery-drones. Read more...
29 Dec US Goods Trade Deficit Widens as Labor Market Near Full Strength A drop in U.S. exports in November pushed the country's trade deficit in goods higher, while the number of Americans filing for unemployment benefits the week ended Dec.24 is a positive sign for the labor market. Read more...
29 Dec Ontario Trucking Association Issues Roadmap to Natural Gas To assist the government of Ontario in the design of a heavy-duty truck natural-gas program, the Ontario Trucking Association said it issued "Natural Gas as an Alternative Fuel for Canadian Truck Fleets: A Roadmap Toward Implementation." Read more...
29 Dec Morgan Corp. to Add Additional Plant in New England Medium-duty truck body manufacturer Morgan Corp. will expand its manufacturing footprint into New England, it said, and a site search is under way to select a location capable of supporting the production of up to 3,000 truck bodies annually. Read more...
29 Dec China Would Outlast US in Trade War, Billion-Dollar Fund Says China would outlast the United States in a trade war, which is a "distinct possibility" in 2017 after President-elect Donald Trump takes office, a commentator wrote in the $1 billion Pine River China Fund's investor letter. Read more...
29 Dec American Consumer Comfort Closes In on Best Year Since 2007 Household confidence in the United States is closing in on its best year since before the latest recession, according to figures in the Bloomberg Consumer Comfort Index released Dec. 29. Read more...
29 Dec Wisconsin DOT Study Finds Tolls Would Raise Billions for State Highways, Boost Travel Costs Tolling Wisconsin's U.S. interstates could raise billions for the state's most-traveled thoroughfares, but the cost would be borne by motorists, big upfront investments would be needed and it's unclear if the state could get the federal approval it would require, a new state Department of Transportation study finds. Read more...
29 Dec American Natural Gas Acquisitions Expand Fueling Network Alternative fuel distributor American Natural Gas added 18 compressed natural gas fueling stations in eight states to its network through the separate acquisitions of Constellation CNG and Questar Fueling Co. Read more...