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.
Ontario to Introduce Legislation on Speed Limiters
The Ontario government will introduce legislation this fall to adopt a proposal put forward by the Ontario Trucking Association almost two years ago to make 65-mph speed limiters on trucks mandatory, OTA said last week.
July 9, 2007Editorial: Endings and New Beginnings
This week’s issue of Transport Topics is the last one that will be produced at 2200 Mill Road in Alexandria, Va., the headquarters of American Trucking Associations, our owner, for almost 24 years.
July 9, 2007Volvo to Participate in Joint Program on Vehicle Technology
The Volvo Group said late last month it will be participating in a joint environmental program between the U.S. and Swedish Governments.
July 9, 2007Port of Oakland to Launch GPS Tracking System
Trucking companies, owner-operators and shippers at the Port of Oakland, Calif., and Oakland’s World Trade Center will be able to track freight using Global Positioning System technology starting in about six months.
July 9, 2007Trailer Shipments Plunge 11.8%
Shipments of new trailers to dealers and fleets fell 11.8% during the first five months of 2007, due in large part to the weaker economy, and will fall further this year, according to trailer manufacturers and analysts.
July 9, 2007Freight Decline Worsens
The decline in truck tonnage accelerated from April to May, dropping 3.6% compared with last May — the largest year-over-year fall-off since January.
July 9, 2007Trucking Industry’s Largest Carrier Turns 100
Order a T-shirt from Jockey online or send your Toshiba laptop for repair, and your new shirt probably will arrive the next day, your repaired computer within the week. Both likely will come from Worldport, UPS Inc.’s 4 million-square-foot international air hub in Louisville, Ky.
July 9, 2007Caltrans to Set Highway Project Approvals
California has become the first of five eligible states under a new federal transportation law to participate in a pilot program allowing the state’s Transportation Department to take the lead from the Federal Highway Administration for environmental approvals on transportation projects.
July 7, 2007Trucking Shares Rise
Shares of several major trucking companies rose this week, boosted by a report suggesting continued demand for raw materials and the need to transport those goods, the Associated Press reported.
July 3, 2007Freightliner Machinists Strike Oregon Plant
Machinists for Freightliner Trucks in Portland, Ore., went on strike Tuesday morning over insurance and overtime provisions in a proposed labor contract, the Oregonian newspaper reported.
July 3, 2007