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.
Opinion: Driver Safety, Retention Challenge Truckers
When I think about driver safety, retention, recruiting and productivity, the actions of four groups come to mind: shippers, receivers, carriers and government. Each plays an integral part in developing efficient truckload capacity in America.
November 14, 2007TxDOT Recommends Use of Existing Highways in Trans-Texas Corridor
The Texas Department of Transportation said that existing highways could be incorporated into the proposed Trans-Texas Corridor, a planned 4,000 mile superhighway that would incorporate tolling and truck-only lanes.
November 14, 2007Savannah Port Enrolls Workers in TWIC
The Transportation Safety Administration said that that beginning Thursday, some 23,000 workers from the Port of Savannah, including truck drivers, are expected to enroll in the Department of Homeland Security’s Transportation Worker Identification Credential Program.
November 14, 2007Business Inventories Gain 0.4%
Business inventories rose 0.4% in September, while sales increased 0.6%, the Commerce Department said Wednesday.
November 14, 2007Bush Nominates New PHMSA Head
President Bush has nominated Carl Johnson to head the Pipeline and Hazardous Materials Safety Administration, Bloomberg News reported.
November 14, 2007Trailer Bridge's 3Q Earnings Fall
Trailer Bridge Inc. said Wednesday it earned $364,813 or 3 cents a share in the third quarter, compared with $1.9 million or 16 cents a year ago.
November 14, 2007Retail Sales Rise 0.2% in October
Retail sales rose 0.2% in October, the Commerce Department said Wednesday.
November 14, 2007Diesel Soars 12.2 cents to Record High of $3.425
For the second straight week, the price of diesel fuel reached a new all-time record, jumping 12.2 cents to $3.425, the Department of Energy said Tuesday.
November 13, 2007Legislators Drop Amendment to Block I-80 Tolls
An amendment that would have blocked tolling on Interstate 80 in Pennsylvania was dropped from the 2008 federal transportation appropriations legislation, said the congressmen who introduced the measure
November 13, 2007AirIQ Posts 3Q Loss
Canadian technology firm AirIq Inc., which provides wireless location services to the trucking industry, said it lost C$3.4 million, or 2 Canadian cents per share, in the third quarter, compared with a loss of C$1.2 million, or 1 Canadian cent, a year earlier.
November 13, 2007