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.
Cap-and-Trade Opponents Gaining in Senate as EPA Moves on Greenhouse Emissions Rule
While U.S. Environmental Protection Agency Administrator Lisa Jackson indicated last week that her agency was moving forward with plans to regulate greenhouse gas emissions, opposition to a Senate cap-and-trade bill seemed to be gaining enough momentum to block its passage.
March 1, 2010Wal-Mart Pushes Efficiency Among Suppliers
Wal-Mart Stores is pushing its suppliers to be more energy efficient and reduce greenhouse gas emissions by 20 million metric tons by 2015, the Associated Press reported.
March 1, 2010Ryder Enters Asian Logistics Partnership
Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.
March 1, 2010Accuride Emerges from Chapter 11 Bankruptcy
Truck component maker Accuride Corp. said it has successfully completed a reorganization plan and emerged from Chapter 11 bankruptcy after five months.
March 1, 2010Personal Spending Rises
Consumer personal spending rose 0.5 in January, marking the fourth straight increase, the Commerce Department said Monday.
March 1, 2010CSA 2010 Is Coming
The Federal Motor Carrier Safety Administration’s new enforcement plan, Comprehensive Safety Analysis 2010, seems destined to be a major step forward in how the federal government oversees truck fleets and drivers.
March 1, 2010Letters: A True Leader, CSA 2010 (Cont.’d)
Iowa’s trucking industry lost a dear friend and valued leader this past week. John Ruan was one of the three founders of the Iowa Motor Truck Association.
March 1, 2010New Trailer Orders Up 10%, Led by Spike in Dry Vans
Orders for new trailers rose 10% in January, compared with 2009, ACT Research Co. LLC reported last week, but the increase may not signal the start of a prolonged recovery, an ACT analyst said.
March 1, 2010Intermodal Freight Volumes Improve
Intermodal freight volumes showed their first year-over-year gain in 15 months during December as the U.S. economy improved, raising hopes for a resurgence, said the latest Intermodal Association of North America market report.
March 1, 2010U.S. Class 8 Fleet Size Contracts; Decline Leaves 3.57 Million in Use
The lengthy and ongoing truck sales drought caused America’s Class 8 truck fleet to contract 2.1% during the fourth quarter, the first such decline since the third quarter of 2008, according to the year-end report on commercial vehicle registrations by R.L. Polk & Co.
March 1, 2010