Business

About Business News...

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.

Business

Ontario to Review Longer Tractors

The Ontario Trucking Association said it was pleased that the Ontario Ministry of Transportation will begin reviewing whether to permit motor carriers to use longer tractors.

April 7, 2011
Business

UPS Airlines’ Mechanics Ratify Contract

UPS Inc. said its aircraft mechanics represented by the Teamsters union have ratified a new labor contract that runs through Nov. 1, 2013.

April 7, 2011
Business

Jobless Claims Decline for Week

Initial jobless claims fell by 10,000 last week, the Labor Department reported Thursday.

April 7, 2011
Business, Equipment

Class 8 Truck Orders Hit Five-Year High

Class 8 North American truck orders rose to 29,200 units in March, a five-year high, ACT Research said.

April 7, 2011
Perspective, Business

Opinion: Trucking Fights Terrorism

Earlier this year, we were once again reminded that the United States continues to face the possibility of a terrorist attack on our soil, a threat that hasn’t abated in the decade since 9/11.

April 7, 2011
Business, Fuel

Oil Hits New 30-Month High Near $109 a Barrel

Oil rose 49 cents Wednesday to a new 30-month high, closing the trading day at $108.83 a barrel on the New York Mercantile Exchange, Bloomberg reported.

April 6, 2011
Business, Safety

Pa. State Police Issue 790 Hazmat Citations

Pennsylvania State Police said Wednesday that its officers inspected nearly 1,600 commercial vehicles transporting hazardous materials and issued 790 citations during a one-day enforcement in late March.

April 6, 2011
Business

Cass Freight Index Jumps 13.8% in March

Freight movements jumped 13.8% in March from a year ago, with volume up for all transportation modes, according to the most recent Cass Freight Index.

April 6, 2011
Business, Autonomous

Isuzu Resumes Truck Production in Japan

Isuzu Motors Ltd. said it resumed truck production at its Fujisawa, Japan, plant Tuesday after being idled since the March 11 earthquake and tsunami in that country.

April 6, 2011
Government, Business

Report Urges NAFTA Cooperation on Emissions

There is an urgent need for cross-border cooperation between the United States, Canada and Mexico to reduce truck and train greenhouse-gas emissions which would in turn help safeguard regional economic competitiveness, according to a new study.

Eric Miller | Senior Reporter
April 5, 2011