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.
Maersk to Charge Lease Fee for Intermodal Chassis
The world’s largest ocean container shipping company, Maersk Line, said it will begin charging leasing fees to local truckers who use their intermodal chassis, which traditionally have been free.
June 29, 2009House Panel Leaders Resist Bid to Stall Highway Funding Bill
WASHINGTON — House transportation leaders appeared isolated last week, as several prominent senators endorsed a bid by the Obama administration to postpone working on a major surface transportation-funding bill until 2010.
June 29, 2009’07 Engines Run Cleaner Than Federal Standards
Over-the-highway trucks and buses with 2007 engine technology ran nearly 90% cleaner than required by federal emission standards for diesel particulate matter, the key pollutant targeted that year, a recent study has found.
June 29, 2009Panel OKs Draft Funding Bill That Includes EOBR Mandate
WASHINGTON — A key House subcommittee last week approved the framework for a new six-year surface transportation plan proposed by transportation committee leaders.
June 29, 2009Oil Closes Week Below $70
Oil fell more than $1 Friday to close the trading week below $70 a barrel, Bloomberg reported.
June 26, 2009UPS Sets Middle East Joint Venture
UPS Inc. said Friday it has begun a new joint venture headquartered in Dubai that will coordinate packages, freight forwarding and contract logistics services in the Middle East, Turkey and parts of Central Asia.
June 26, 2009Consumer Sentiment Index Rises in June
U.S. consumer confidence rose this month for the fourth consecutive time in June, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
June 26, 2009UPS Sets Middle East Joint Venture
Personal Spending Rises 0.3% in May
Consumer personal spending rose 0.3% in May, the Commerce Department said Friday.
June 26, 2009Roadcheck 2009 Results Show Improvement, CVSA Says
Roadcheck 2009 inspections showed significant declines in vehicle and driver out-of-service rates as well as safety belt violations, the Commercial Vehicle Safety Alliance said Thursday.
June 25, 2009