UPS Inc. said Sunday it had reached a tentative agreement with the Teamsters union on a new, five-year contract covering the company鈥檚 240,000 full- and part-time U.S. employees.
October 1, 2007Trucking 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.
Qualcomm Renames Wireless Unit
Qualcomm Inc. said it had renamed its wireless business unit, which will now be called Qualcomm聽 Enterprise Services.
October 2, 2007Court Issues 90-Day Stay of Hours鈥 Decision
A federal appeals court has delayed implementation of its ruling striking down parts of the federal hours of service rule for 90 days 鈥 less than half of what had been requested by American Trucking Associations and the Federal Motor Carrier Safety Administration.
October 1, 2007ISM Factory Index Dips in September
The Institute for Supply Management鈥檚 manufacturing index declined in September, ISM said Monday.
October 1, 2007Nokia Buying Navteq for $8.1 Billion
Computer and mobile phone giant Nokia has agreed to buy Navteq Corp., a maker of maps used in transportation navigation, for $8.1 billion in cash, the companies said Monday.
October 1, 2007Cummins to Form Engine Venture in Vietnam
Cummins Inc. said it has signed a memorandum of understanding with Vietnam Motors Industry Corp. to create a 50-50 joint venture to produce on-highway diesel engines in Vietnam.
October 1, 2007Commercial Vehicle Group Buys German Firm
Commercial Vehicle Group Inc. said Monday it has acquired the outstanding stock of German firm PEKM Kabeltechnik, an electronic wire harness manufacturer for the commercial truck market.
October 1, 2007Ryder Says Menlo Used Untested Technology in Winning Bid for $1.6 Bln. DOD 3PL Deal
The Department of Defense should not have awarded its largest-ever third-party logistics contract to Menlo Worldwide Government Services because one of Menlo鈥檚 subcontractors plans to use a freight management technology that was untested 鈥渋n a customer environment,鈥 according to a formal protest filed by Ryder Integrated Logistics.
October 1, 2007FMCSA Works With Fleets on Electronic Driver Checks
NASHVILLE, Tenn. 鈥 The Federal Motor Carrier Safety Administration is working with fleets to develop an employee notification system that would allow a fleet to download an applicant鈥檚 complete driving record before hiring, an FMCSA researcher said last week.
October 1, 2007FMCSA Seeks One-Year Delay to Address Court鈥檚 HOS Ruling
The Federal Motor Carrier Safety Administration asked a federal court for a year-long delay in implementing its decision to strike down two parts of the agency鈥檚 driver聽 hours-of-service rule.
October 1, 2007Trending
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