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.
Senate Seeks Mileage Study Before Setting Truck CAFE
The Senate last week weakened legislation that would have set mileage standards for heavy trucks, instead ordering an 18-month study of large-truck fuel economy before the government can set such standards.
June 25, 2007OEMs Promote Disc Brakes as 2007 Option
Class 8 truck makers said they are offering electronically controlled air disc brakes as an option in 2007 models, promoting them as safer and easier to maintain than the drum brakes most U.S. heavy trucks use.
June 25, 2007Large Truckload Turnover Rate Rises
Driver turnover at large truckload carriers climbed to its highest point in more than a year, rising six percentage points to an annualized rate of 127% in the first quarter, American Trucking Associations said.
June 25, 2007Delphi, UAW Reach Tentative Pact
Auto parts maker Delphi Corp. said Friday it had reached a tentative agreement with the United Auto Workers union covering work plans, transitions and other issues.
June 22, 2007N.Y.C. Fee Plan on Hold
(Click here to write a Letter to the Editor.) New York state lawmakers are bucking at a plan backed by both Gov. Eliot Spitzer and New York City Mayor Michael Bloomberg for new “congestion fees” on cars and trucks that operate in the heart of the city during peak business hours, news reports said Friday.
June 22, 2007Senate Passes Energy Bill
The Senate passed a comprehensive energy bill late Thursday that raises average auto fuel efficiency standards, but the measure did not include a tax on oil companies that would have boosted alternative fuel development, Agence France-Press reported.
June 22, 2007FedEx Drivers in Mass. Gain Union Certification
FedEx Corp. drivers in Massachusetts received certification as members of the Teamsters union, the first unit in the company’s home-delivery network to get that recognition, Bloomberg reported.
June 22, 2007CTA Cites Border Concerns
The Canadian Trucking Alliance said it sees some positives in the U.S. cross-border passport rules, but still has concerns about the implications for cross-border truck traffic between the United States and Canada.
June 22, 2007Rail, Intermodal Levels Fall
Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said.
June 21, 2007Philadelphia Factory Index Rises in June
Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2007