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.
Utah Clean Truck Program to Provide APU Funding
State and federal grants totaling $585,000 will help 15 trucking companies in Utah install auxiliary power units, the Associated Press reported.
April 9, 2010ATRI’s Dan Murray Gets Transportation Award
Dan Murray, vice president of research for the American Transportation Research Institute, received the William K. Smith Distinguished Service Award from the University of Minnesota Center for Transportation Studies.
April 9, 2010Wabash Gets Large Order From Prime
Wabash National Corp. said Tuesday it signed an agreement with Prime Inc. to supply the refrigerated carrier with 4,000 trailers over three years.
April 9, 2010YRC Upgrades Profit Outlook
YRC Worldwide said it has “even more confidence” it will have positive earnings before interest, taxes, depreciation and amortization beginning in the second quarter.
April 8, 2010Navistar Boosts 2010 Guidance
Navistar International Corp. boosted its earnings guidance for its fiscal year ending Oct. 31, citing higher military orders.
April 8, 2010ABF, Teamsters Begin Wage-Cut Talks, Union Says
The Teamsters union said it was beginning talks Thursday with ABF Freight System on the company’s request for wage reductions.
April 8, 2010DOT Sets Stepped-Up Enforcement on Distracted Driving
The Department of Transportation has kicked off a pilot program in New York and Connecticut to test whether concentrated law enforcement can make drivers put down their cell phones.
April 8, 2010Jobless Claims Rise for Week
Initial jobless claims rose by 18,000 last week, in part due to adjustments for the Easter holiday, the Labor Department said Thursday.
April 8, 2010Opinion: Engine Makers’ Rivalry Reaches Heated Level
LOUISVILLE, Ky. — This year’s version of the Mid-America Trucking Show here cast a bright light on the ongoing fractious debate over which engine technology makes the most sense for fleets that operate heavy-duty trucks in North America.
April 8, 2010DOT Rejects Pennsylvania’s Plan to Toll Interstate 80
The U.S. Department of Transportation has denied Pennsylvania’s request to toll Interstate 80 because the state’s application did not meet federal requirements that revenue be used exclusively for a road being tolled.
April 7, 2010