Business

About Business News...

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.

Business, Fuel, Government, Safety

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, 2008
Fuel, Business, Government

Diesel 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, 2008
Business

Teamsters 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, 2008
Fuel, Business, Logistics, Government

Diesel 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, 2008
Business, Government, Safety, Technology, Equipment

Year 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, 2008
Government, Business, Safety, Fuel

Letters 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, 2008
Business, Fuel, Government

UPS 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, 2008
Government, Business, Fuel

Oil 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, 2008
Business, Government, Safety

I-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, 2008
Government, Business, Safety

New 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