Trucking 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.
Rail Freight Slowing in First Quarter, Analyst Says
Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.
February 26, 2007TransForce Reports Gains in 4Q Income, Revenue
Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.
February 26, 2007Gasoline Prices Jump 12.8 Cents, Lundberg Survey Says
Gasoline prices jumped almost 13 cents a gallon nationwide in the past two weeks, as the price of crude oil rose, according to the latest Lundberg Survey of filling stations, released Sunday.
February 26, 2007Demand for Cleaner Engines Seen Growing
UNIVERSAL CITY, Calif. 鈥 An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.
February 26, 2007Technology Briefs 鈥 Feb. 21 - Feb. 26
J.J. Keller Develops New Online Tools 鈥 ALK Announces Spring Update For CoPilot Live 鈥 FedEx Express Deploys Four Hybrids in Denver
February 26, 2007Navistar to Suspend Making Diesel Engines for Ford
Navistar International Corp. said Monday it is suspending production of a diesel engine it builds for Ford Motor Co. because Ford has stopped honoring contract terms.
February 26, 2007Rack-and-Pinion Steering Is Now a Truck Option
Rack-and-pinion steering, which has become commonplace in passenger vehicles and light trucks, is now getting its first trial in heavy-duty trucks.
February 26, 2007So. Cal. Ports to Require Emission Licenses for Trucks
UNIVERSAL CITY, Calif. 鈥 The president of the Long Beach Harbor Commission said a licensing system would be 鈥渦p and running within five years鈥 at his port and the neighboring Port of Los Angeles to ensure all trucks entering the facilities meet strict emission standards.
February 26, 2007OEMs, Dealers Prep for 鈥07 Engines With Intense Tech Training
Truck manufacturers and dealers said they are carrying out the most extensive training program ever to prepare technicians to service and repair the new 2007 engine technology, emphasizing the new diesel particulate filters.
February 26, 2007DOT to Allow Mexican Trucks Access to U.S. Highways
EL PASO, Texas 鈥 The United States will grant Mexican trucks access to U.S. highways under a pilot program, Transportation Secretary Mary Peters announced here today.
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