Bigger Ships to Bring Changes To Ports’ Container Handling
Sometime in the near future, a new generation of supersized containerships — up to 50% larger than current vessels — will make its first appearance on the East Coast of the United States.
November 12, 2007TTNews.com to Close Tuesday for Veterans Day
Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.
November 10, 2007UPS Announces 4.9% Rate Increase for 2008
Parcel carrier UPS Inc. said Friday it would raise shipping rates for its air and ground services by nearly 5%, effective Dec. 31.
November 9, 2007Legislators Preserve Language to Block Mexican Trucks in Spending Bill
Lawmakers preserved language in a transportation funding bill that would block a federal pilot program allowing Mexican trucking companies to operate inside the United States, news services reported Friday.
November 9, 2007Trade Deficit Narrows in September
The U.S. trade deficit shrank by 0.6% in September as the weakening U.S. dollar helped push exports to a record for a seventh straight month, the Commerce Department said Friday.
November 9, 2007Editorial: Still Missing a National Fuel Policy
The fuel price spiral has resumed, sending diesel and crude oil costs to never-before-seen levels, even as the economy stumbles along and fleets grapple with declining freight levels in 10 of the past 12 months.
November 9, 2007Fed Chief Warns on 4Q Slowdown
Federal Reserve Chairman Ben Bernanke said the U.S. economy is likely to “slow noticeably” this quarter while high commodity prices and a weaker dollar may stoke inflation “for a time,” Bloomberg News reported Thursday.
November 8, 2007Bill Davis Trucking Files Bankruptcy
Bill Davis Trucking, a truckload carrier based in Batesville, Ark., filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Act late last month.
November 8, 2007Wholesale Inventories Rise 0.8%; Sales Jump 1.3%
Wholesale inventories rose 0.8% in September, the Commerce Department said Wednesday.
November 7, 2007House Panel Approves $2 Bln. to Toughen Bridge Inspection Standards
WASHINGTON — The House Transportation and Infrastructure Committee last week approved a $2 billion plan to toughen bridge inspection standards and limit states’ ability to spend federal bridge funds on other projects.
November 7, 2007