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.
NAFTA Surface Trade Sees Highest Gain in 10 Years
Surface transportation trade among the United States, Canada and Mexico rose 19.5% in January from a year ago, the highest gain in almost 10 years, the Department of Transportation said Tuesday.
March 30, 2010Hazmat Fees Increase for Large Carriers
The Department of Transportation’s Pipeline and Hazardous Materials Safety Administration has increased registration fees to up $2,600 for large motor carriers that carry hazardous materials, American Trucking Associations said.
March 30, 2010Diesel Declines 0.7¢ to $2.939; Downturn Is First in Six Weeks
Diesel’s national average pump price fell for the first time in six weeks, dipping 0.7 cent to $2.939 a gallon, the Department of Energy reported.
March 30, 2010FedEx Expands International Economy Services
FedEx Express said Tuesday it is expanding its international economy services to more countries.
March 30, 2010Consumer Confidence Improves in March
Consumer confidence grew this month after falling last month to the lowest level since April 2009, the New York-based Conference Board reported.
March 30, 2010UTi Worldwide Reports Fourth-Quarter Profit
Air and freight forwarder UTi Worldwide reported a profit for its fourth quarter, compared with a loss a year earlier.
March 30, 2010Fleets Install Aerodynamic Truck, Trailer Parts
Two fleets said they are installing equipment intended to reduce drag and cut fuel consumption.
March 29, 2010Eaton Says Its Hybrid Fleet Covers 30 Million Miles
Manufacturer Eaton Corp., Kalamazoo, Mich., said that trucks using its hybrid powertrain technology have logged about 30 million miles globally.
March 29, 2010New Hampshire Drops Plans to Toll I-93
New Hampshire transportation officials will not to ask the federal government for permission to toll 20 miles of Interstate 93 from the Massachusetts state line to Manchester.
Court Sets Oral Arguments in Navistar SCR Lawsuit
The U.S. Court of Appeals for the District of Columbia set oral arguments for May 10 in Navistar’s lawsuit over the federal government’s certification of engines using selective catalytic reduction technology to meet new diesel engine emissions standards.
March 29, 2010