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.
Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA
WASHINGTON — Trucking and law enforcement groups said a recent report claiming the Federal Motor Carrier Safety Administration has failed to ensure trucking safety was unproductive and poorly researched.
Recorded Engine Data Can Help Defend Claims
NEW ORLEANS — Sophisticated recording devices built into modern trucks and diesel engines can generate information that plaintiff’s attorneys can use to force fleets and their insurance companies to pay massive settlement claims.
Recorded Engine Data Can Help Defend Claims
NEW ORLEANS — Sophisticated recording devices built into modern trucks and diesel engines can generate information that plaintiff’s attorneys can use to force fleets and their insurance companies to pay massive settlement claims.
March 21, 2007Safety & Security Briefs — March 15 - March 21
Opinion: The Upside of the EOBR Proposal
Eaton Names President of Heavy-Duty Transmission Unit
Truck and auto parts maker Eaton Corp. said Tuesday it named Curt Hutchins president and vice president of its heavy-duty transmission unit, effective April 1.
March 20, 2007Canadian Carriers’ Revenue, Expenses Rise in 4Q
The top 91 Canada-based for-hire motor carriers that earn at least C$25 million annually generated operating revenue of C$2.4 billion and expenses of C$2.3 billion in the fourth quarter, with both figures rising less than 1% from the previous quarter, Statistics Canada reported.
March 20, 2007Diesel Falls 0.4 Cent to $2.681; Decline Is First in Seven Weeks
Following six straight weekly increases, the average national price of retail diesel fuel dipped 0.4 cent to $2.681 a gallon, the Department of Energy reported Monday.
March 20, 2007Volvo’s January-February Truck Sales Drop 13%
Truck maker Volvo AB said its sales for the first two months of the year fell 13%, as U.S. deliveries plunged following new emissions standards that boosted truck prices, Bloomberg reported Tuesday.
March 20, 2007Navistar Reports Strength in Overseas Markets
Truck and engine maker Navistar International Corp. said Tuesday it saw signs of strength in non-traditional and overseas vehicle markets, despite a 6% downturn in Class 6-8 North American truck and bus shipments in its fiscal first quarter.
March 20, 2007