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.
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, 2011UPS 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, 2011Jobless Claims Decline for Week
Initial jobless claims fell by 10,000 last week, the Labor Department reported Thursday.
April 7, 2011Class 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, 2011Opinion: 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, 2011Oil 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, 2011Pa. 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, 2011Cass 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, 2011Isuzu 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, 2011Report 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.