Transportation 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.
Trucking Technology Report - June 1
Wireless Companies Delay U.S. Debuts; UPS to Use Microsoft 'Smart Tags'; Popularity of Wireless Text Messaging Increases; and more...
June 1, 2001Airborne to Lay Off 640 Workers
Airborne Inc., the parent company of package shipper Airborne Express, said Friday that it will lay off 640 workers, or 2.5% of its workforce, because business has dropped off and the company sees no indication of an economic turnaround.
June 1, 2001ATA CEO McCormick Resigns
Walter B. McCormick Jr., the president and chief executive officer of the American Trucking Associations, said Friday that he is leaving his post to become the president of the United States Telecom Association.
June 1, 2001U.S. Factory Jobs Plunge; Factory Health Gauge Drops Again
In two key economic reports Friday, the U.S. Labor Department said the number of factory-sector jobs plummeted by 124,000, while the National Association of Purchasing Management said its main factory activity gauge shrank again.
June 1, 2001Cummins to Cut Jobs, End Engine Platform Project
Cummins, a leading producer of commercial diesel engines, said Friday it will reduce its workforce by at least 500 by the end of the year and terminate the development of a new engine platform.
June 1, 2001Executive Briefing - June 1
Major Companies Announce Job Cuts; Truckers More Likely to Suffer From Heart Disease; OPEC Not Expected to Increase Production; Roadway Warns 2Q Profit to Fall 60%; and more...
June 1, 2001The Steering Wheel Is Still Round, but How Big Should It Be?
LONDON - To drive a big rig in the days of yore you had to be able to handle the monster steering wheel that came as standard issue.
June 1, 2001Court Orders Formal Arguments in Oregon Ton-Mile Tax Dispute
A state circuit court wants to weigh the arguments in American Trucking Associations’ lawsuit against Oregon’s weight-distance tax, and has denied both parties’ motions for summary judgment.
June 1, 2001Transportation Senator Proposes Heavy-Vehicle Tax Relief for Sellers
Sen. James Inhofe (R-Okla.), chairman of the Transportation and Infrastructure subcommittee, wants to give truck owners a small break by distributing some of the costs of the Heavy Vehicle Use Tax to the buyers.
June 1, 2001Trending
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