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.
UPS Adding Vehicles to ‘Green Fleet’
UPS Inc. said Monday it was adding 306 alternative fuel vehicles to its “green fleet” by placing an order for 167 compressed natural gas delivery trucks and taking delivery of 139 new propane delivery trucks in North America.
October 9, 2007Ryder Lowers Third-Quarter Outlook
Ryder System lowered its third-quarter and full-year earnings forecast Monday and said it would cut 300 jobs due to softness in the housing, construction and auto industries, the Associated Press reported.
October 9, 2007Agreement Set to Cover UPS Freight Indiana Workers
In addition to their recent agreement on a new five-year labor contract covering UPS Inc.’s Teamsters parcel workers, the two announced a second pact to cover 125 drivers and dockworkers at the Indianapolis terminal of less-than-truckload unit UPS Freight.
CTA Calls for ‘Collaborative Strategy’ for SoCal Ports
The California Trucking Association said it is advocating a “collaborative strategy” with Southern California port officials to develop an alternative plan for trucks to meet emission goals.
October 9, 2007Letters to the Editor: HOS, TMC SuperTech, Satellites and Mexico, Tolls, Fines
The battle for acceptable hours-of-service regulations continues, but is this battle moving forward or backward?
October 9, 2007TSA to Begin TWIC Enrollment in Delaware
The Transportation Security Administration said it would begin to enroll truck drivers and other port workers in its Transportation Worker Identification Credential program at the port of Wilmington, Del., this month.
October 9, 2007TransCore, Novacom Gain Space-Based Container-Tracking Deal
The European Space Agency has selected TransCore and Novacom Services to lead the development of an asset-tracking prototype that will provide visibility of intermodal containers and eliminate the line-of-sight complications that hinder container tracking.
October 9, 2007CARB Proposes to Mandate Equipment to Make Trucks More Fuel-Efficient by 2010
The California Air Resources Board, in a September staff report, proposed to require Class 8 trucks to be outfitted with fuel-efficiency technologies such as cab fairings, skirts, low-rolling-resistance tires and automatic tire-inflation systems by 2010.
October 9, 2007EPA Sets Program for Norfolk, Va., Area
The Environmental Protection Agency said it will expand a program to provide lower-cost loans for the purchase of cleaner-burning trucks to drivers in the Norfolk, Va., area.
October 9, 2007ATA to Focus on Business at Annual Meeting in Florida
American Trucking Associations members will focus on the business side of the industry at this year’s Management Conference & Exhibition in Orlando, Fla., ATA President Bill Graves said.
October 8, 2007