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.
Larger Trucks More Efficient, Reduce Emissions, Study Says
The use of heavier trucks can be an effective way for the industry to reduce fuel consumption and emissions, a new study by the American Transportation Research Institute said.
April 15, 2008ATA, Army Reserve Launch Military-Civilian Partnership for Drivers
American Trucking Associations and the U.S. Army Reserve signed a recruiting partnership agreement they said will provide experienced truck drivers for the military and give career opportunities to truck drivers leaving the military.
April 15, 2008FMCSA Issues CDL Learner’s Permit Rule
The Federal Motor Carrier Safety Administration said it intends to set new minimum standards for issuing learner’s permits to prospective commercial drivers and revise the knowledge and skills tests administered to people seeking commercial driver licenses.
April 15, 2008Diesel Average Tops $4 for First Time; Oil, Gas at Records
Diesel fuel’s national average price broke the $4 barrier for the first time, jumping 10.4 cents to $4.059 a gallon, the Energy Department said Monday.
April 15, 2008Quality Distribution Cuts 60 Jobs
Tank truck carrier Quality Distribution said it has eliminated about 60 positions —17% of its workforce — primarily at its Tampa, Fla., headquarters.
April 15, 2008J.B. Hunt’s First-Quarter Income Declines
Truckload carrier J.B. Hunt Transport Services’ first-quarter profit declined to $36.4 million, or 28 cents a share, from $44.2 million, or 30 cents, a year ago.
April 15, 2008New York State Manufacturing Index Improves
Manufacturing growth in New York state improved this month, the Federal Reserve Bank of New York said Tuesday.
April 15, 2008Industry Veteran James Hebe to Head N. American Sales for Navistar
Trucking industry veteran James Hebe has rejoined Navistar International Corp.’s truck group as senior vice president of North American sales, the company said Monday.
April 14, 2008Qualcomm’s European Unit Acquires Spanish Firm
Qualcomm Enterprise Services Europe BV, a subsidiary of Qualcomm Inc., said Monday it acquired most of the assets of Madrid, Spain-based Ronda Grupo Consultor.
April 14, 2008Ryder to Buy Florida Leasing Firm
Ryder System said Monday it will buy most of the assets of Florida-based Gator Leasing, which will add about 2,300 vehicles to Ryder's fleet.
April 14, 2008