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.
Penske Truck Leasing Hires CEI Group
Penske Truck Leasing Co. has retained accident management firm CEI Group to expand its capabilities for dealing with collision and claims repairs at its 16 North American collision repair centers, Penske said May 4.
May 12, 2009DHS Ending Trucking Security Program
The Department of Homeland Security has proposed ending funding of a trucking security program, a DHS official said.
May 11, 2009Swine Flu May Complicate Mexican Truck Plan, LaHood Says
Efforts to stop the spread of swine flu in the United States and Mexico have delayed resolution of a plan to allow Mexican trucks to deliver goods across the U.S., Transportation Secretary Ray LaHood said Monday, Bloomberg reported.
May 11, 2009R.I. Begins Construction of Replacement Highway Bridge
Rhode Island transportation officials said construction has begun on one of two bridges so deteriorated that trucks are limited to 18 tons and two axles.
May 11, 2009TravelCenters’ 1Q Loss Widens
Truck stop chain TravelCenters of America said Monday it lost $41.2 million, or $2.39 per share, in the first quarter, up from a loss of $18 million, or $1.08, a year ago.
May 11, 2009Volvo Backs Longer, Heavier Trucks
BOSTON — Volvo Trucks North America said the United States should adopt a policy of allowing longer, heavier trucks on the nation’s highways as a way to increase driver productivity and to conserve fuel.
Menlo Expands Relationship With Dana, Adds Curves
Dana Holding Corp. and Menlo Worldwide Logistics said they have expanded their relationship, with the parts manufacturer asking the third-party logistics provider to handle transportation management for its Mexican operations.
May 11, 2009Letters: Safe Driving, Mileage Tax, Sleep Apnea
I agree wholeheartedly with op-ed writer Ryan McDonald’s opinion on the value of tail-ride checks, when they are performed by safety professionals. These on-the-road driver observations are an integral part of my company’s services to the Canadian transportation industry.
May 11, 2009Fuel’s Crystal Ball
If you have any doubts about the future direction of fuel prices, pay attention to what’s happening today.
May 11, 2009Harkin Says Senate Wary of Card Check, Mandatory Arbitration
Federal legislation to permit so-called card check union registration is running into trouble in the Senate, one of the bill’s co-sponsors said last week.
May 11, 2009