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.
Volvo’s North American Deliveries Drop 60%
Volvo AB’s North American units’ deliveries fell more than 60% from a year ago from January through July, the company said Wednesday.
August 30, 2007NAFTA Trade Gains 5.2%; Truck Trade Dips
Surface trade among the United States, Canada and Mexico was 3.9% higher in June than a year earlier, though truck trade declined, the Department of Transportation said Thursday.
August 30, 2007Ryder to Buy Canadian Leasing Firm
Ryder System said it has reached agreement to buy a privately held Canadian truck leasing company for an undisclosed sum.
August 30, 2007Groups Sue to Block Mexican-Trucks Plan
Five groups filed suit Wednesday in attempt to block a Department of Transportation pilot program set to allow some Mexican trucks full access to U.S. roads.
August 30, 2007Jobless Claims Rise 9,000 for Week
Initial jobless claims rose by 9,000 to 334,000 last week, the Labor Department said Thursday.
August 30, 2007Oil Tops $73 Following DOE Report
Crude oil rose almost $2 to close at more than $73 a barrel Wednesday, a three-week high, following a Department of Energy report that showed oil and gasoline inventories fell more than expected, Bloomberg reported.
August 29, 2007Transport Topics Online to Close Monday for Labor Day
Transport Topics Online will be closed Monday for the Labor Day holiday. Please check back on Tuesday, Sept. 2, for the latest trucking and freight transportation news.
August 29, 2007Top Drivers Emphasize Safety as NTDC Begins in Minneapolis
MINNEAPOLIS — Some of the nation’s best truck drivers arrived here last week ahead of the 70th annual National Truck Driving Championships to discuss the importance of safety on the nation’s highways and to express their sympathies as the city recovers from the deadly bridge collapse earlier this month.
August 29, 2007Editorial: Continuing HOS Worries
The worst part of the seemingly never-ending saga of the attempt to bring the antiquated hours-of-service rules somewhere close to the realities of 21st century trucking is the uncertainty brought on by the current game of legislative and judicial ping-pong being played in slow motion.
August 29, 2007Mass. Considering Tolls, Rush-Hour Fees, Paper Says
Massachusetts may put tolls on Interstate 93 and toll other state highways during peak travel times, the Boston Herald reported Wednesday.
August 29, 2007