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.
ABS Warning Light License Dispute Settled
A 5-month-old impasse over licensing fees that threatened to shut down truck and trailer production appears resolved, with manufacturers coming to terms with the inventor of a critical piece of circuitry for an antilock brake failure warning light.
April 6, 2001Bush Leasing Debt Plan Approved by Ohio Judge
Bush Leasing will emerge from bankruptcy sometime in April, after a March 22 judicial decision approved the company鈥檚 reorganization plan.
April 6, 2001U.S. Jobless Rate Rises to 4.3%
In a report that illustrated how much the U.S. economy is deteriorating, the Labor Department said Friday that the jobless rate rose to 4.3% in March from 4.2% in February, as overall payroll employment shrank by 86,000.
April 6, 2001Executive Briefing - April 6
PG&E Files for Bankruptcy; DOE Warns of Summer Gas Price Hike; Trism Controller Leaving Company; KKK Removed From Adopt-A-Highway Program; Wash. State Senate Eyes Hikes in Fuel Tax, Vehicle Fees; and more...
April 6, 2001Trucking Technology Report - April 5
SBC Plans Long-Distance Service in Missouri; Cell Phone Dispute Puts Customers on Hold; Alcatel Not Fully Committed to Handset
April 5, 2001TCA Benchmarking Gets Justice Approval
Truckload carriers will launch a joint effort cut costs and improve service through a benchmarking project after receiving approval from the Department of Justice to share certain business information.
April 5, 2001Market Prompts Transport Firms to Delay IPO
The sagging stock market and the weak economy have caused two privately held transportation companies to delay plans to offer common stock to the public.
April 5, 2001Distributor Supervalu to Cut Jobs, Close Facilities
Supervalu Inc., a large U.S. food distributor and retailer, said it would cut about 4,500 jobs and close or downsize some distribution operations after losing a contract with giant retailer Kmart Corp., news services reported.
April 5, 2001Visteon Cutting 1,800 Jobs
Visteon, the third-largest maker of vehicle parts, said it plans to immediately eliminate about 1,800 jobs worldwide..
April 5, 2001Executive Briefing - April 5
Dutch Truck Driver Jailed for Manslaughter; Comair Cancels Flights Through April 13; March U.S. Layoffs Surged; MAN's Profit to Fall on Higher Truck Costs; and more...
April 5, 2001Trending
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