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.
Hebe Defends Navistar’s Decision on EGR
TOOELE, Utah — Navistar’s choice of exhaust gas recirculation over selective catalytic reduction to comply with U.S. emissions rules failed not because of the technology, but because the company had no partners in the effort, said Jim Hebe, Navistar’s senior vice president for North America Sales Operations.
October 1, 2012DOT Needs Greater Oversight of TIGER Program, IG Says
Stronger oversight and better assessments are needed to determine if the TIGER grant program is producing its expected benefits, a report from the Department of Transportation’s Office of Inspector General said.
October 1, 2012TMW Tailoring Its Software Offerings to Meet Evolving Needs of Customers
ORLANDO, Fla. — TMW Systems Inc. is expanding the capabilities of its transportation management software to the evolving needs of today’s transportation providers, CEO David Wangler said.
October 1, 2012August Truck Tonnage Rises 3.2%
U.S. truck tonnage rose a modest 3.2% in August from a year earlier, the second-slowest gain of the year, as a weakening economy dragged down freight activity, American Trucking Associations reported last week.
October 1, 2012Restart Changes ‘Reasonable,’ FMCSA Says in HOS Court Brief
The federal government defended its latest hours-of-service rule last week, telling a U.S. court that it “acted at the height of its expertise and discretion” when it decided in December to put new restrictions on the 34-hour restart provision, while retaining the 11-hour driving day.
October 1, 2012UPS, Teamsters Begin Talks on New Labor Contract
UPS Inc. last week began contract talks with the Teamsters union, while the company awaited additional developments in its planned $6.7 billion purchase of TNT Express N.V., its largest-ever planned acquisition.
October 1, 2012Diesel Declines for First Time in 12 Weeks
Retail diesel fuel prices declined 4.9 cents to $4.086 a gallon last week, the first price drop in 12 weeks, as U.S. demand weakened, according to the Department of Energy.
October 1, 2012Intermodal Traffic Gains 0.7% for Week
U.S. intermodal traffic rose 0.7% last week over the same week a year ago, the Association of American Railroads reported.
September 28, 2012Celadon Buys Ohio Truckload Carrier
Celadon Trucking Services said it has agreed to buy operating assets of Ohio truckload carrier Robinson Transport.
September 28, 2012L.A.. Preps for Carmageddon II Freeway Closure
Los Angeles is again preparing to shut down 10 miles of Interstate 405, the nation’s busiest freeway.
September 28, 2012