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.
DOT Delays New Regulations; Onboard Recorder Rule Stalls
Several new regulations expected from the U.S. Department of Transportation will be delayed and others, including a long-awaited regulation encouraging the use of electronic onboard recorders, could fall even further behind schedule because of a recent court ruling scrapping part of the Federal Motor Carrier Safety Administration’s driver-hours rule, DOT said.
October 10, 2007Ryder Completes Canadian Acquisition
Ryder System said Wednesday it completed its acquisition Pollock NationaLease, one of the largest privately owned commercial truck leasing and rental companies in Canada, as well as Pollock's logistics operations.
October 10, 2007Editorial: Fixing the HOS Situation
The Federal Motor Carrier Safety Administration has been given until Dec. 27 to cure the defects a federal appeals court found in its latest driver hours-of-service regulations. We all need to hope that FMCSA officials are successful in that effort.
October 10, 2007Freightliner to Become Daimler Trucks North America
U.S. truck and engine maker Freightliner LLC said late Friday it is changing its name to Daimler Trucks North America LLC, effective Jan. 7.
October 9, 2007UPS Adding Vehicles to ‘Green Fleet’
UPS Inc. said Monday it was adding 306 alternative fuel vehicles to its “green fleet” by placing an order for 167 compressed natural gas delivery trucks and taking delivery of 139 new propane delivery trucks in North America.
October 9, 2007Ryder Lowers Third-Quarter Outlook
Ryder System lowered its third-quarter and full-year earnings forecast Monday and said it would cut 300 jobs due to softness in the housing, construction and auto industries, the Associated Press reported.
October 9, 2007Agreement Set to Cover UPS Freight Indiana Workers
In addition to their recent agreement on a new five-year labor contract covering UPS Inc.’s Teamsters parcel workers, the two announced a second pact to cover 125 drivers and dockworkers at the Indianapolis terminal of less-than-truckload unit UPS Freight.
CTA Calls for ‘Collaborative Strategy’ for SoCal Ports
The California Trucking Association said it is advocating a “collaborative strategy” with Southern California port officials to develop an alternative plan for trucks to meet emission goals.
October 9, 2007Letters to the Editor: HOS, TMC SuperTech, Satellites and Mexico, Tolls, Fines
The battle for acceptable hours-of-service regulations continues, but is this battle moving forward or backward?
October 9, 2007TSA to Begin TWIC Enrollment in Delaware
The Transportation Security Administration said it would begin to enroll truck drivers and other port workers in its Transportation Worker Identification Credential program at the port of Wilmington, Del., this month.
October 9, 2007