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.
Polar Air Cargo to Begin U.S.-Japan Flights
Polar Air Cargo Worldwide said Wednesday it will begin service to Japan, from Chicago, starting Feb. 21.
January 9, 2008Diesel to Average $3.40 Through March, DOE Says
Monthly diesel fuel average prices will be at least $3.40 a gallon for the first three months of 2008 before tailing off later in the year to near $3, the Department of Energy said Tuesday.
January 8, 2008Teamsters File Court Letter Against Mexican Trucks Program
The Teamsters union said late Monday it filed a letter with a federal appeals court claiming the Bush administration broke laws in continuing to allow long-haul trucks from Mexico to use U.S. highways.
January 8, 2008Diesel Rises 3.1¢ to $3.376
Diesel fuel’s national average pump price rose 3.1 cents from last week to $3.376 a gallon, while gasoline jumped 5.6 cents to $3.109, the Department of Energy said Monday.
January 7, 2008Year In Review: IT Firms Court Smaller Fleets, Continue Consolidation
Information technology vendors took aim at smaller fleets in 2007, offering software and tracking options that don’t require carriers to invest in full onboard computer systems.
January 7, 2008Letters to the Editor: CARB Reefer Rules, Intermodal Answers
The op-ed by the California Air Resource Board’s enforcement division chief, James Ryden, about the new refrigerated carrier rules is as expected with CARB: “Ready, FIRE, aim!”
January 7, 2008UPS Expands International Express Service
UPS Inc. said Monday it is expanding an international air-freight service that guarantees delivery dates, as it leans more on global operations.
January 7, 2008Oil Prices Fall on Economic Concerns
Crude oil fell by almost $3 to near $95 a barrel Monday, on concerns a cooling economy will curb demand for oil and gasoline, Bloomberg reported.
January 7, 2008I-81 Will Not Have Truck-Only Toll Lanes, Paper Says
After years of study, Interstate 81 in Virginia will not contain separate truck-only lanes, the News-Virginian newspaper reported Sunday.
January 7, 2008New Mexico Considering Idling Regs
The New Mexico Department of Environment is considering limiting the amount of time long-haul truckers can leave their vehicles idling at truck stops, the Associated Press reported.
January 7, 2008