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.
Diesel Gains 3.1¢ to $2.924
The average national retail price of diesel fuel rose 3.1 cents to $2.924 a gallon, the Department of Energy said Monday.
September 11, 2007Senate OKs $1 Billion for Bridge Repairs
The Senate Monday approved $1 billion to repair and replacement U.S. bridges, six weeks after the Interstate 35W span collapsed in Minneapolis, the Associated Press reported late Monday.
September 11, 2007DOT Sets Funding Plan for Highway ‘Corridors of the Future’
The Department of Transportation said Monday that six major interstate routes will be the first to participate in a new federal initiative called “Corridors of the Future” to develop multi-state corridors to help reduce congestion.
September 10, 2007California Targets Oldest Trucks in New Emissions Proposal
A proposed California Air Resources Board regulation would force the owners of an estimated 80,000 trucks built before 1994 to remove them from the state’s roads by 2009, a trucking official said.
September 10, 2007Schneider Unit Buys Chinese Logistics Firm
Schneider National unit Schneider Logistics (Tianjin) Co. said Monday it has purchased the operating assets of Chinese firm BaoYun Logistics.
September 10, 2007APM Opens Va. Deep-Water Container Terminal
APM Terminals Virginia opened its new $450 million, 291-acre container terminal Friday in Portsmouth, Va., the company said.
September 10, 2007Mexican Trucks Move Past Border Zone
Mexican trucks delivered goods beyond a border region of the U.S. for the first time this weekend, under a test program by the two governments, Bloomberg reported Sunday.
September 10, 2007ArvinMeritor to Close Two North American Plants
Trucking and auto component maker ArvinMeritor said late Friday it will close two shock-absorber factories and cut 700 jobs.
September 10, 2007Judge Dismisses Navistar’s Engine Suit Against Ford
Ford Motor Co. said an Illinois judge dismissed a lawsuit by Navistar International Corp. over diesel engines Navistar supplies for Ford’s pickup trucks, Bloomberg reported.
September 10, 2007Canada Studies Engine Governors
Canada’s federal, provincial and territorial governments are jointly studying the idea of requiring speed limiters on heavy-duty trucks, the Associated Press reported. The governors would prevent the truck from exceeding about 65 mph.
September 10, 2007