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.
Port of Los Angeles Reports Lower Volume in June
The Port of Los Angeles said its June import cargo volume dropped 10% from a year ago, to about 334,000 20-foot equivalent units.
July 18, 2011Navistar Parts Now Available Online at Amazon.com
Truck and engine builder Navistar Inc. said that it has begun selling aftermarket parts on Amazon.com.
July 18, 2011June Class 8 Truck Sales Jump 64.6%
Truck manufacturers sold 14,647 Class 8 vehicles in June, a 64.6% increase over last June and the highest monthly total since March 2007, and they said they expected sales to continue to rise this year despite the weak economic recovery.
July 18, 2011Doubts Rise on Participation in Mexico Border Pilot Plan
U.S. regulators and U.S. truckers who do business in Mexico said they are skeptical that Mexican carriers will participate in the cross-border trucking program in large numbers when the pilot project gets into full swing in the next 60 days.
July 18, 2011Oil Dips to Below $97 a Barrel
Oil slipped below $97 a barrel in early trading Monday, continuing to hold in the mid-$90s per-barrel range it’s been in for the past month, Bloomberg reported.
July 18, 2011TT 100: Rising Costs, Driver Availability Key Concerns for North America’s Top 100 For-Hire Fleets
Rising demand for freight hauling is generating more business for trucking companies, but rising costs and a dwindling supply of drivers are making it difficult for the nation’s top for-hire carriers to provide additional capacity to meet that demand.
July 18, 2011APL to Open New Illinois Terminal
Container shipping line APL, which is part of Singapore’s Neptune Orient Lines Ltd., said it will build a new intermodal terminal in Joliet, Ill.
July 18, 2011Out-of-Service Rates Lowest on Record During 2011 Roadcheck Safety Event, CVSA Says
The Commercial Vehicle Safety Alliance said overall out-of-service rates during Roadcheck 2011 were the lowest on record.
July 18, 2011The Top 100 For-Hire Fleets
This issue of Transport Topics includes our extremely popular Top 100 ranking of the largest for-hire motor carriers in the United States and Canada.
July 18, 2011Letters: Horse-Moving Bill, ‘Gator Back Peels,’ More About Brokers
In your article about bill number S. 1281 on July 4, the focus should have been on safe transport, not on banning one specialized form of transportation.
July 18, 2011