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.
Letters to the Editor: Border Opening, SafeStat Scores
Sen. Clinton Seeks Rail-Safety Upgrades
Diesel Price Rises 3¢ to $2.803; Gas Jumps to Another Record
Diesel fuel’s national average price climbed 3 cents to $2.803 a gallon and gasoline continued to soar, setting an all-time record for the second straight week with an 11.5-cent spike to $3.218, the Department of Energy said Monday.
May 22, 2007Pacer, Trailer Bridge Set New Service
Pacer Stacktrain and Trailer Bridge Inc. said Tuesday they have partnered to move 53-foot containers on an integrated, intermodal basis between the United States and Puerto Rico.
May 22, 2007UPS Expands ‘Green Fleet’ Hybrids
UPS Inc. said Tuesday it had expanded its fleet of alternative-fuel vehicles by adding 50 new hybrid electric delivery trucks.
May 22, 2007FMCSA’s Hill Takes Questions in TT Chat Session
John Hill, administrator of the Federal Motor Carrier Safety Administration, took questions Tuesday from Transport Topics readers in a 90-minute online chat session.
May 22, 2007Ceva Boosts EGL Offer to $2 Billion
Ceva Logistics said Monday it has made a new offer to buy EGL Inc., raising its per-share offer to $47.50 a share, or about $2 billion total.
May 21, 2007Daimler to Keep Remaining Units
DaimlerChrysler, which last week agreed to sell its U.S. Chrysler division, will keep its heavy-duty truck and luxury car units, Chief Executive Officer Dieter Zetsche told Bloomberg News.
May 21, 2007McLeod Updates Software Package
McLeod Software, said Thursday it added several features to its LoadMaster transportation management package.
May 21, 2007