Business

About Business News...

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.

Business, Government, Logistics

NFI, Raven Transport Set Warehousing Agreement

Trucking and third-party logistics firm NFI Industries said Monday it has formed a joint-venture warehousing agreement with Raven Transport.

July 7, 2008
Business

Daimler, Indian Firm Choose Site for Truck Plant

Daimler AG and the Hero Group have chosen a site in India to build a new truck plant, Bloomberg reported Monday.

July 7, 2008
Business, Safety, Government, Technology, Equipment

Bendix to Offer Automatic Braking for Heavy-Duty Trucks in 4Q

WASHINGTON — Bendix Commercial Vehicle Systems LLC demonstrated here the automatic braking system for heavy-duty trucks it will offer starting in the fourth quarter.

July 7, 2008
Government, Business, Safety, Fuel

E&MU: California Emissions Plan Pushes New Engines

California clean-air regulators propose to force all older highway trucks running within state boundaries to be retrofitted first with diesel particulate filters, costing $8,000 to $20,000 and more, and then with equipment that reduces output of nitrogen oxides, in a complicated, staggered schedule in effect from 2010 through 2022.

July 7, 2008
Business, Safety

Rail, Intermodal Traffic Fall for Week

Rail and intermodal traffic both declined for the week ended June 28 compared with a year ago, the Association of American Railroads said.

July 7, 2008
Government, Business

Employment Index Declines, Conference Board Says

An employment trends index declined in June, the New York-based Conference Board said Monday.

July 7, 2008
Government, Business, Safety, Technology

First Atlantic Hurricane Forms; Unlikely to Affect Gulf Oil Platforms

The first hurricane of the Atlantic hurricane season formed Monday, but forecasts put it on a track that would not affect Gulf of Mexico oil platforms, the Associated Press reported.

July 7, 2008
Business, Government

Oil Dips Following Record High

Oil fell in early trading from last week’s record high, but its continued climb has prompted some analysts to predict the price could jump to $200 a barrel this year, the Wall Street Journal reported Monday.

July 7, 2008
Government, Business, Safety

Editorial: Good News, Relatively Speaking

At a time when good news is in notably short supply, it’s nice to be able to report several positive stories on this week’s front page.

July 7, 2008
Business, Safety

May Truck Tonnage Rises 3.3%

U.S. truck tonnage grew by 3.3% in May — the seventh straight monthly increase — according to a preliminary report from American Trucking Associations.

July 7, 2008