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.
CARB Proposes to Mandate Equipment to Make Trucks More Fuel-Efficient by 2010
The California Air Resources Board, in a September staff report, proposed to require Class 8 trucks to be outfitted with fuel-efficiency technologies such as cab fairings, skirts, low-rolling-resistance tires and automatic tire-inflation systems by 2010.
October 9, 2007EPA Sets Program for Norfolk, Va., Area
The Environmental Protection Agency said it will expand a program to provide lower-cost loans for the purchase of cleaner-burning trucks to drivers in the Norfolk, Va., area.
October 9, 2007ATA to Focus on Business at Annual Meeting in Florida
American Trucking Associations members will focus on the business side of the industry at this year’s Management Conference & Exhibition in Orlando, Fla., ATA President Bill Graves said.
October 8, 2007Trailer Registrations Fall 29.1% as U.S. Freight Volumes Slump
The sluggish U.S. economy has pulled down truck trailer sales this year and there are no signs of an imminent rebound, according to industry data on registrations and production.
October 8, 2007UPS, Teamsters Reach Five-Year Deal
UPS Inc. and the Teamsters union agreed Sept. 30 on a new five-year tentative contract that, among its provisions, would allow the parcel carrier to pay $6.1 billion to leave the union’s Central States Health & Welfare and Pension Funds.
October 8, 2007Court Agrees to 3-Month HOS-Rule Delay
The federal appeals court that struck down parts of the current driver hours-of-service rule has agreed to delay implementation of its decision for 90 days to give regulators time to address the problems the judges found.
October 8, 2007International Says UAW Taking ‘Break’ from Talks
International Truck and Engine Corp. said Friday it has been notified by the United Auto Workers that the UAW will “take a break from bargaining” in order to conduct a detailed examination of International's proposals.
October 5, 2007September Payrolls Rise; Unemployment Rises to 4.7%
U.S. payrolls rose in September but the unemployment rose to 4.7% in September from 4.6% in August, the Labor Department said Friday.
October 5, 20073Q CEO Confidence Dips, Conference Board Says
A measure of chief executive officers’ confidence declined slightly in the third quarter from the second, the New York-based Conference Board said Friday.
October 5, 2007Rail Traffic Edges Up; Intermodal Traffic Drops
Overall rail traffic rose a notch, but intermodal levels fell from a year ago for the week ended Saturday, the Association of American Railroads said.
October 5, 2007