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.
CSX’s 4Q, Full-Year Earnings Jump on Higher Volume
CSX Corp. said Monday its fourth-quarter profit jumped 42% on higher shipments from auto manufacturers and other industrial shippers.
January 24, 2011Qualcomm Releases CSA Software
Qualcomm Inc. said it has released its CSA Safety Performance Service to help carriers manage performance related to the federal Compliance, Safety, Accountability regulations’ new safety-measurement system.
January 24, 2011Cross-Border Trucking on Clinton’s Agenda in Mexican Talks
Cross-border trucking will be on the agenda of Secretary of State Hillary Clinton when she holds talks Monday with Mexican officials, Bloomberg reported.
January 24, 2011Canadian Rail Workers Drop CN Strike Threat
Canadian National Railway Co. reached a contract deal with the Canadian Auto Workers union Monday and the union dropped its threat to strike Tuesday, Reuters reported.
January 24, 2011GM’s China Sales Surpass U.S. for First Time
General Motors Co. sold more cars and trucks in China last year than in the United States for the first time in the company’s history, the Associated Press reported.
January 24, 2011U.S. Seeks Arbitration, Says Canada Unfairly Subsidizing Lumber Industry
The United States resumed the long-running lumber trade dispute, accusing Canada last week of unfairly subsidizing its softwood lumber industry and requesting formal arbitration.
January 24, 2011USA Truck Plans to Install SkyBitz Trailer-Tracking Feature
Truckload carrier USA Truck said it will fit almost all of its trailers with a new tracking system.
January 24, 2011Letters: Hours of Service, Public Transport, Leading by Example
Hours-of-service regulations have never been a “one size fits all” solution to the number of hours a driver is permitted to operate. Changes to the HOS regulations will always affect carrier operations differently — some slightly, some dramatically.
January 24, 2011Focus Trust Fund on Highways
For years, we all have watched the travails of the Highway Trust Fund, as the nation’s infrastructure has crumbled and the nation’s roadway and bridge needs have grown along with the population.
January 24, 2011CSA to Affect Insurance Rates, but Direction Remains Unclear
What will happen to the cost of insurance for fleets following implementation of the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program? The answer: It depends.
January 24, 2011