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.
FMCSA’s New-Carrier Program Criticized
Safety & Security Briefs — April 5 - April 11
Fuel Averages to Hit Records
Retail diesel prices will average $2.82 a gallon this summer, down 6 cents from last summer, but the average price for the full year will be the highest on record, the Department of Energy said.
April 11, 2007IANA, Ocean Carriers Hit Proposed Rule on Safety of Intermodal Chassis
Letters to the Editor: Maintenance Issues; Heavier Trucks
Cummins Crosspoint Workers End Strike
Employees of a distributor for diesel engine maker Cummins Inc. went back to work Monday after ending a week-long strike, the Associated Press reported.
April 10, 2007Diesel Climbs 5¢ to $2.84
The average pump price of diesel fuel continued to rise Monday, climbing another nickel following last week’s 11.4-cent jump to $2.84 a gallon, the Department of Energy reported.
April 10, 2007Justice OKs Trucking Survey
The Justice Department said Tuesday it will not oppose a proposal by the National Association of Small Trucking Companies to conduct an operational and financial survey of small- and medium-sized trucking firms.
April 10, 2007Saddle Creek Names President
Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the company’s president effective July 1, and will be replaced by Cliff Otto.
April 10, 2007Big Oil’s Profits May Decline
Big oil companies’ profits may be reduced in coming years as more countries that produce oil demand higher shares of the revenues, the Wall Street Journal reported Tuesday.
April 10, 2007