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.
Virginia DOT Updates 511 System, Software
The Virginia Department of Transportation said Aug. 1 it has updated its 511 road-information system to include improvements suggested by users.
August 13, 2007Panel Recommends Chicago Retrofit Program
The Chicago Agency for Metropolitan Planning said the city should adopt an on-road diesel fleet retrofit project, which would provide up to $1 million for emission-reducing technology.
August 13, 2007July Retail Sales Rise 0.3%
Retail sales gained 0.3% in July, the Commerce Department said Monday.
August 13, 2007Texas to Make Retrofit Funding Available
The Texas Commission on Environmental Quality said it would make more money available to the state’s truck retrofit program, after the Texas Legislature approved $5 million in additional funding for idle-reduction technologies.
August 13, 2007N.H. Eyes Strengthening Weight Rules
New Hampshire officials say the state’s low fines for overweight trucks do little to curtail heavy loads, which cause long-term damage to bridges and highways, the Associated Press reported Monday.
August 13, 2007UPS Seeks to Change Union Pension Fund
UPS Inc., the nation’s largest single employer of Teamsters, said it is proceeding in talks with a union-related pension plan that could result in the parcel giant’s withdrawing from the multi-employer funds that cover current and retired union members.
August 13, 2007‘Soft’ Market Trims 2Q LTL Profits
Less-than-truckload carriers struggled during the second quarter to strike a balance between soft pricing and declining tonnage, with most large publicly traded carriers reporting lower profits than a year earlier.
August 13, 2007Oberstar Proposes Bridge Repair Fund
The chairman of the House Transportation Committee last week called for a special bridge-repair fund, following the Interstate 35W bridge collapse in Minneapolis, and said a temporary federal fuel tax increase was among the options to pay for it.
August 13, 2007Oberstar Proposes Bridge Repair Fund, Says Fuel Tax Hike an Option to Pay for It
The chairman of the House Transportation Committee last week called for a special bridge-repair fund, following the Interstate 35W bridge collapse in Minneapolis, and said a temporary federal fuel tax increase was among the options to pay for it.
August 13, 2007Oberstar Proposes Bridge Repair Fund, Says Fuel Tax Hike an Option to Pay for It
The chairman of the House Transportation Committee last week called for a special bridge-repair fund, following the Interstate 35W bridge collapse in Minneapolis, and said a temporary federal fuel tax increase was among the options to pay for it.
August 13, 2007