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.
Obama Names NHTSA Nominee
The White House has nominated David Strickland, a congressional aide, to head the National Highway Traffic Safety Administration, the Associated Press reported.
December 8, 2009UPS Freight Expands Ontario Hours
UPS Inc. said that its less-than-truckload unit is expanding pickup and delivery hours for trucks based at its London, Ontario, facility.
December 8, 2009Diesel Dips 0.3¢ to $2.772 in Fifth Straight Decline
Diesel fell for a fifth consecutive week, dipping 0.3 cent to $2.772 a gallon, the Department of Energy said Monday.
December 8, 2009FedEx Says 2Q Earnings Will Exceed Guidance
FedEx Corp. said its fiscal second-quarter earnings will be below the same period last year but exceed its guidance for the quarter.
December 8, 2009Michigan, Ambassador Bridge Owner Spar in Court
A suit against Michigan by the owner of the Ambassador Bridge connecting Detroit and Windsor, Ontario, has been tossed out of one state court and into another.
December 8, 2009ATA to Co-Sponsor Sleep Apnea Conference in May
American Trucking Associations will co-sponsor a national conference next May on sleep apnea and its effects on truck drivers and the trucking industry.
December 8, 2009Opinion: In Defense of Rail’s ‘Green’ Advantage
We appreciate the opportunity to respond to your recent op-ed, titled “Intermodal Isn’t ‘Greener’ Than Trucks,” in which John Burton attempted to debunk the railroad industry’s environmental edge.
December 8, 2009Con-way Truckload to Expand Regional Services in January
Con-way Truckload said Monday it plans to expand its regional service with increased operations in 10 U.S. states starting in January.
December 7, 2009Fate of Federal Estate Tax Goes to Wire
The federal estate tax, often referred to as the “death tax,” would disappear in 2010 if the Senate this month fails to approve a House bill that would essentially extend current rules.
December 7, 2009Navistar Buys Concrete Mixer Company
Navistar International Corp. said Monday that it has acquired Continental Manufacturing Co., a manufacturer of concrete mixer trucks.
December 7, 2009