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.
New FHWA Chief to Look at Big-Picture Transport Issues
Once the economy recovers and freight traffic begins to grow again, the nation needs to look at broad transportation issues that address everything from funding to livability, newly appointed Federal Highway Administrator Victor Mendez said.
October 19, 2009iTECH: The Business Case for Social Networks
Online social networking site Twitter hit it big when Oprah signed up this spring, along with millions of her fans. Let the record reflect that the trucking industry beat her to the punch.
October 19, 2009Eaton’s Third-Quarter Profit Falls
Vehicle parts manufacturer Eaton Corp. said Monday its third-quarter profit fell 39% but exceeded the company’s forecast.
October 19, 2009DOT Sets $21 Million for Hazmat First Responders
The Department of Transportation said Monday it was handing out $20.9 million to states to help train first responders dealing with hazardous materials incidents.
October 19, 2009EPA Says Clean Diesel Efforts Are Working
The U.S. Environmental Protection Agency said last week its clean diesel efforts have produced $500 million to $1.4 billion in public health benefits.
Opinion: Intermodal Isn’t ‘Greener’ Than Trucks
You can’t watch television these days without hearing some railroad company advertising the “green” benefits of moving freight from the road to rail. The most often heard is the claim by one major railroad that “one ton of freight can be moved 436 miles on one gallon of fuel.”
October 19, 2009Letters: Highway Infrastructure, Chamber Study Flawed, Natural Gas Redux
I applaud Bill Graves, president of American Trucking Associations, for trying to get the Obama administration to make highway infrastructure rebuilding the No. 1 priority.
October 19, 2009Fuel and the Rebounding Economy
There was further evidence last week of the growing link between fuel prices and Wall Street, as the Dow Jones Industrial Average rose above 10,000 for the first time in a year, and the price of crude oil exceeded $75 a barrel for the first time since September 2008.
October 19, 2009Towne Air Freight Extends Lufthansa Agreement to 2012
Towne Air Freight said it has extended into 2012 its agreement with Lufthansa Cargo in which Towne Air Freight will manage all road feeder services for Lufthansa within the United States and Canada.
October 19, 2009Oil Slips Slightly from One-Year High; Remains Over $78
Oil retreated slightly from the one-year high it reached Friday but remained over $78 a barrel in early trading Monday, Bloomberg reported.
October 19, 2009