Business

About Business News...

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.

Business, Government

Mexican Trucks Move Past Border Zone

Mexican trucks delivered goods beyond a border region of the U.S. for the first time this weekend, under a test program by the two governments, Bloomberg reported Sunday.

September 10, 2007
Business, Safety, Equipment

ArvinMeritor to Close Two North American Plants

Trucking and auto component maker ArvinMeritor said late Friday it will close two shock-absorber factories and cut 700 jobs.

September 10, 2007
Business, Government

Judge Dismisses Navistar’s Engine Suit Against Ford

Ford Motor Co. said an Illinois judge dismissed a lawsuit by Navistar International Corp. over diesel engines Navistar supplies for Ford’s pickup trucks, Bloomberg reported.

September 10, 2007
Business, Safety, Government, Autonomous

Canada Studies Engine Governors

Canada’s federal, provincial and territorial governments are jointly studying the idea of requiring speed limiters on heavy-duty trucks, the Associated Press reported. The governors would prevent the truck from exceeding about 65 mph.

September 10, 2007
Government, Business, Logistics

Menlo to Buy Chinese Logistics Firm

Con-way Inc.’s logistics unit Menlo Worldwide said Sunday it signed an agreement to purchase the privately held parent company of a Chinese logistics firm for $60 million.

September 10, 2007
Business, Safety, Government

Opinion: The Web as the Great Equalizer

In the transportation industry, every trucking company, large or small, does essentially the same thing: Pick up and deliver. So how can smaller carriers compete against larger ones and distinguish themselves from one another?

September 10, 2007
Business, Safety, Equipment

Growth of Class 8 Fleet Slows After Pre-Buy, Cooling Economy

Expansion of the U.S. Class 8 truck fleet is slowing as carriers continue to put off new truck purchases and demand for freight hauling remains soft, according to a new report by research firm R.L. Polk & Co.

September 10, 2007
Business

UPS, Teamsters Return to Table

UPS Inc. and the Teamsters union returned to the bargaining table Sept. 5 after an eight-week hiatus for what could be a sprint to a new labor contract by month’s end —10 months before the current six-year contract expires.

September 10, 2007
Business, Government, Safety

ATA Seeks Hours-of-Service Reprieve

With less than two weeks left before a federal appeals court ruling goes into effect nullifying key parts of the driver hours-of-service rule, American Trucking Associations asked the court and the Federal Motor Carrier Safety Administration to temporarily maintain current driver hours.

September 10, 2007
Business, Government, Logistics

Global Trade Expansion Challenges Logistics Firms to Improve

As the volume of world trade continues to grow, shippers and third-party logistics companies are looking for ways to better manage the flow of goods coming into and out of the United States.

September 10, 2007