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.
Oregon Considers Satellite Technology for Mileage-Based Tax
Oregon Gov. Ted Kulongoski (D) is exploring ways to use a mileage tax and satellite technology to pay for roads, instead of a fuel tax, the Albany (Ore.) Democrat-Herald reported Saturday.
December 29, 2008IANA Elects New Chairman
The Intermodal Association of North America’s board of directors has elected Greg Stefflre, CEO of Rail Delivery Services, Fontana, Calif., as its chairman for 2009.
December 29, 2008Teamster Vote at YRC Postponed to Next Week
The Teamsters union said it has postponed a vote by its member employees for wage cuts at less-than-truckload carrier YRC Worldwide until next week.
December 29, 2008Letters to the Editor: NAFTA Highway, 2010 EPA Mandates, California’s Filters, Training Film, FMCSA Policy
With fuel prices going down, including diesel, truckers are still shutting down and still saying they aren’t making money — proving my own view that the problem is other than fuel prices.
December 29, 2008Cargo Traffic Declines at China's Ports
Cargo traffic at ports in China declined for the first time in at least seven years last month, Bloomberg reported.
December 29, 2008Navistar Plans to Restate 9-Month Results Showing Higher Profit
Navistar International Corp. said it plans to restate its results for the first nine months of fiscal year 2008 to show net income that was higher than first reported.
December 29, 2008Durable Goods Orders Fall 1% in November
Durable goods orders fell 1% in November, the Commerce Department said Wednesday.
December 29, 2008Personal Spending Declines in November
Consumer personal spending fell 0.6% in November, the Commerce Department said Wednesday.
December 29, 2008Intermodal Traffic Plunges for Week
Rail and intermodal traffic plunged for the week ended Dec. 20 from a year ago, the Association of American Railroads said.
December 29, 2008Initial Jobless Claims Reach 26-Year High
First-time unemployment claims rose to a 26-year high for the week ended Dec. 20, the Labor Department said Wednesday.
December 29, 2008