The West Coast was hit by a huge storm Friday that dumped more than 5 inches of rain in some parts of California and feet of snow elsewhere, temporarily closing some major roadways, the Los Angeles Times reported Monday.
January 7, 2008Trucking 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.
Oil Prices Fall on Economic Concerns
Crude oil fell by almost $3 to near $95 a barrel Monday, on concerns a cooling economy will curb demand for oil and gasoline, Bloomberg reported.
January 7, 2008I-81 Will Not Have Truck-Only Toll Lanes, Paper Says
After years of study, Interstate 81 in Virginia will not contain separate truck-only lanes, the News-Virginian newspaper reported Sunday.
January 7, 2008New Mexico Considering Idling Regs
The New Mexico Department of Environment is considering limiting the amount of time long-haul truckers can leave their vehicles idling at truck stops, the Associated Press reported.
January 7, 2008ATA Accepting Security Award Nominations
American Trucking Associations said nominations for its Security Council鈥檚 2008 Excellence in Security Award and 2008 Security Professional of the Year Award are now being accepted.
January 7, 2008GM Eyes Growth Outside of U.S.
General Motors Corp. is likely to get as much as 75% of its car and truck sales from outside the Untied States within a decade, Bloomberg reported Monday.
January 7, 2008Fuel Costs, Union Contracts, Economy Loom as Major Concerns in New Year
Don鈥檛 be surprised if the year ahead looks a lot like the year just ended, with some additional worries for freight carriers. Last year鈥檚 concerns continue for freight carriers, but they also have new ones.
January 7, 2008Web-Based Software Is Appealing to Fleets
For some fleet managers and maintenance supervisors today, a routine part of their job is accessing a secure Web site to view, say, fuel expenses for last month or a report on which trucks need servicing in the coming week.
January 7, 2008IRS Assesses FedEx $319 Mln. in Driver Classification Dispute
The IRS struck another blow to FedEx Ground鈥檚 independent contractor business model, assessing the package delivery company back taxes and penalties of $319 million for 2002 after an audit determined that company drivers should have been classified as employees.
January 7, 2008November Truck Tonnage Rises 3.3%
November truck tonnage in-creased by 3.3% over the same month a year ago, just the third increase in the past 17 months, according to the latest survey by American Trucking Associations.
January 7, 2008Trending
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