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

UPS Names David Abney Chief Operating Officer

UPS Inc. late Monday said it promoted David Abney to chief operating officer and Alan Gershenhorn to replace Abney as president of UPS International.

January 8, 2007
Business

DDC Heavy-Duty Engines in Production, Freightliner Says

Freightliner LLC said it that its Detroit Diesel Corp. unit has begun production of 2007-year heavy-duty Series 60 engine that meets required Environmental Protection Agency standards.

January 8, 2007
Business, Government

Delaware May Lease Its Toll Roads, Paper Reports

Delaware may consider leasing its toll roads to pay for road projects, in a move similar to other states, the Delaware News Journal newspaper reported Sunday.

January 8, 2007
Business, Safety

U.S. Freight Railroads Report Record-Breaking Year

U.S. freight railroads completed a record-breaking year in 2006, moving record numbers of carloads and intermodal containers, the Association of American Railroads said.

January 8, 2007
Business, Technology, Equipment, Safety, Autonomous

Carriers, Drivers Embrace Mobile Tracking Technology

When Foodliner Inc., a liquid and dry-bulk carrier based in Dubuque, Iowa, put in a mobile communications system to track the location of its trucks and monitor the performance of its drivers, corporate controller Tom Stueck said he expected some resistance.

Daniel P. Bearth | Staff Writer
January 8, 2007
Business, Government

Gasoline Price Rises 3 Cents from Mid-December, Lundberg Says

Average U.S. retail gasoline prices rose 3 cents over the past three weeks to $2.32 a gallon, according to the latest Lundberg survey of gasoline prices released Sunday.

January 8, 2007
Business, Fuel

EPA Certifies ’07 Diesel Engines as Dealers Await Clues on Sales

Manufacturers of new heavy-duty engines designed to meet Environmental Protection Agency emission regulations that went into effect Jan. 1 said EPA has certified all engine models submitted for approval.

Frederick Kiel | Staff Reporter
January 8, 2007
Business, Government, Safety, Technology

Technology Briefs — Jan. 3 - Jan. 8

TransCore Inks Satellite Pact with Norwegian Firm • WTO Urged to Scrap Duties on ‘Green’ Technology • Iowa Judge to Rule on Speed Cameras

January 8, 2007
Business, Government, Safety

Electronic Recorder Rule Near as White House Gives Approval

The White House late last month gave its approval for a proposal that could force truckers to use electronic recorders to monitor their hours of service, clearing the way for the rule to be published after more than two years of discussion.

Sean McNally | Staff Reporter
January 8, 2007
Government, Business, Technology, Fuel

Crude Oil Closes Higher but Falls Almost $5 for Week

Crude oil prices tracked upward 76 cents Friday to close at $56.35 a barrel, Bloomberg reported, and the price tumbled almost $5 for the week and hit a one-year low closing price on Thursday.

January 5, 2007