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.
ATA Board Votes to Oppose Regulating Detention Times
American Trucking Associations said its board of directors voted to oppose efforts at regulating detention times — the time drivers and trucks wait to load or unload their cargo.
May 18, 2011Toyo Unveils Drive-Axle Longhaul Tire
Toyo Tires said it has introduced a new drive-axle tire for longhaul, highway-specific applications.
May 18, 2011Goodyear Super Single Tire Replaced
Goodyear Tire & Rubber Co. said it has replaced its super single tire for severe-duty applications with a model it said will last longer and get better off-road traction.
May 18, 2011Oil Rises from Three-Month Low
Oil rebounded from a three-month low in early trading Wednesday, rising almost $2 to near $99 a barrel, Bloomberg reported.
May 18, 2011Wal-Mart’s 1Q Income Improves 3.8%
Wal-Mart Stores said its first-quarter net income rose 3.8%, boosted by higher international sales.
May 18, 2011ATA’s Share the Road Backs West Virginia Charities
Two West Virginia charities that aid children and families secured much needed supplies, thanks to a partnership between American Trucking Associations and nonprofit Good360.
R.I. Exploring Putting Tolls on Interstate 95
Rhode Island state officials are pushing ahead with a plan to explore putting tolls on Interstate 95, the state’s top transportation official said, despite U.S. Transportation Secretary Ray LaHood’s disapproval of the idea.
May 17, 2011Tolls to Increase in July on Seven Delaware River Spans
Truckers crossing the Delaware River from New Jersey into Pennsylvania on any of seven tolled bridges upstream of Trenton, N.J., could pay as much as 75 cents more per axle as July 1.
Volvo’s April North American Deliveries More Than Double
Volvo AB’s North American truck deliveries more than doubled in April from a year ago, while worldwide sales heavy-duty sales improved 77% the company said Tuesday.
May 17, 2011Industrial Production Unchanged in April
Industrial production was unchanged in April, reflecting a drop in automobile output, the Federal Reserve said Tuesday.
May 17, 2011