Weekly intermodal rail traffic jumped 20.2% last week, reaching the highest levels of the year, the Association of American Railroads reported.
August 6, 2010Trucking 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.
Bill Would Let Ports Set Rules on Environmental Standards
New legislation aimed at giving ports more authority to set environmental regulations is expanding the battle over the Port of Los Angeles鈥 controversial employees-only clean trucks plan from the courts to Congress.
August 9, 2010Congress Sidesteps UPS-FedEx Labor Battle by Passing Short-Term FAA Spending Extension
Congress has passed a short-term extension of the Federal Aviation Administration鈥檚 authorization, delaying until after the August recess further debate over a labor provision that has UPS Inc. and FedEx Corp. feuding.
August 9, 2010Road-Funding Delay May Worsen Congestion and Reduce U.S. Competitiveness, Abney Says
The continuing delay in passing a new long-term highway bill has trucking executives and transportation officials worried about the effects on the U.S. freight network,聽according to David Abney, chief operating officer of UPS Inc.
August 9, 2010DTNA鈥檚 Daum Sees Boom, But Wants to Know When
Fourteen months into his job as CEO of Daimler Trucks North America, Martin Daum said the truck sales market is still bad 鈥 although it is improving 鈥 but his real challenge is trying to figure out when sales will return to a robust pace.
August 9, 2010Caterpillar Sued Over Heavy-Duty Engines
Three trucking companies are suing Caterpillar Inc. over the sale of what their legal counsel says are 鈥渄efective鈥 13- and 15- liter diesel engines for heavy-duty trucks. The Texas law firm representing the companies now is looking for fleets to join the litigation.
August 9, 2010Diesel Price Gains 0.9垄 to $2.928 a Gallon
The U.S. diesel average price rose 0.9 cent to $2.928 a gallon last week, the second straight gain, but just the third increase in the past 12 weeks, the Department of Energy reported Aug. 2.
August 9, 2010UPS to Build Healthcare Logistics Hubs in Singapore, China
UPS Inc. plans to open two health-care-logistics hubs in Singapore and China to tap rising regional demand for medical devices and drugs, Bloomberg reported聽Friday.
August 6, 2010Navistar Execs Must Return Bonus Pay, SEC Says
Navistar Inc.鈥檚 top executive and its former finance chief will return more than $2 million in bonus pay to the company as part of a deal to settle federal charges of accounting misconduct.
August 6, 2010Unemployment Rate Holds at 9.5%; Trucking Jobs Increase
The U.S. unemployment rate held at 9.5% in July as total payrolls fell, and the trucking industry鈥檚 payrolls jumped by almost 6,000, the Labor Department said Friday.
August 6, 2010Trending
Newsletter Signup
Subscribe to Transport Topics
