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.
February Truck Sales Fall 19.3%
Sales of new Class 8 trucks fell 19.3% in February, while orders for new vehicles plunged more than 70%, according to companies that track the market.
OEMs Ship 281,000 Trailers in ’06
While much of the heavy-duty truck sales hoopla during 2006 focused on truck makers as they set new monthly and yearly sales records, trailer makers were quietly posting their third-best sales year ever, according to new data from ACT Research.
Senate Fuel-Economy Bill Could Boost Weights
WASHINGTON — Legislation proposed last week could allow federal weight limits for trucks to rise to 97,000 pounds and for the first time set fuel-efficiency standards for trucks.
TCA Leaders Plan Active Role In Shaping Industry Policies
LAS VEGAS — Leaders of the Truckload Carriers Association said they will take a more active role in shaping trucking’s policy in the coming year and emphasize the need to provide drivers a safer work environment and wage stability.
E&MU: Could Gasoline Overtake Diesel as Power of Choice?
Bush Touts Ethanol, Biofuels in Latin America Visit
Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA
The Waggoners Settles Suit Involving Software Usage
Dedicated Transport Buys Florida Carrier
Dedicated Transport, a private trucking company based in Cleveland, said it bought Baker’s Transport Service of Lakeland, Fla. Terms were not released.
March 16, 2007Industrial Production Jumps 1% in February
U.S. industrial production rose a full 1% in February, the most since November 2005, the Federal Reserve said Thursday.
March 16, 2007