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.
YRC Names Bruffett Finance Chief
Less-than-truckload carrier YRC Worldwide said Monday it named Stephen Bruffett its chief financial officer, replacing Don Barger, who is retiring, effective Sept. 1.
August 20, 2007Midwest Storms Flood Roads, Bridges
Severe thunderstorms that dropped up to a foot of rain in the upper Midwest over the weekend washed out roads and bridges and killed five people stranded in their cars in Minnesota, the Associated Press reported.
August 20, 2007iTECH: ‘TCP/IP’ for In-Cab High-Speed Wireless
The most common way of delivering data from truck telematics involves the system vendor storing, and probably massaging, the information, which the customer accesses through a secure Web site.
August 20, 2007Menlo Wins $1.6 Bln. DoD Contract
Con-way Inc.’s third-party logistics unit Menlo Worldwide has been selected as the prime contractor for the U.S. Defense Department’s Defense Transportation Coordination Initiative.
August 20, 2007California to Boost Ethanol Content
The California Air Resources Board has approved more use of ethanol as part of several changes to its reformulated gasoline regulations.
August 20, 2007Philadelphia Proceeds With Wi-Fi Expansion
Wireless laptop users in Philadelphia are finding more “hot spots” throughout the city, as a planned expansion of the municipal Wi-Fi network proceeds, the Associated Press reported.
August 20, 2007July Class 8 Truck Sales Fall 54%
U.S. retail Class 8 truck sales continued to slide in July, falling more than 54% from the same month last year, according to the latest survey by Ward’s Communications.
August 20, 2007U.S. Seeks to Boost Enforcement of Laws Restricting Cabotage
The Federal Motor Carrier Safety Administration has awarded a grant to educate local and state enforcement officers about truck cabotage rules that forbid foreign carriers from hauling cargo point-to-point within the United States.
August 20, 2007State Champions to Test Skill and Knowledge
More than 375 professional truck drivers from all 50 states are expected to compete this week in what American Trucking Associations calls the “Super Bowl of Safety” — the National Truck Driving Championships in Minneapolis.
August 20, 2007Diesel Dips 5.1¢ to $2.847
The national average retail price of diesel fell 5.1 cents last week to $2.847 a gallon — its largest weekly drop since January — while the gasoline average fell 6.7 cents to $2.771 a gallon.
August 20, 2007