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.
Editorial: Fed Should Cut Rates Again
With both the manufacturing and retail sectors signaling a crunch in December, and with more trucking and other transportation companies warning in January about rising losses as their customers retrench, the Federal Reserve should cut interest rates another half-point at the end of this month.
January 17, 2001A.M. Executive Briefing - Jan. 17
In the news this morning: Truck rams Calif. Capitol, killing driver; Delphi 4Q earnings beat forecasts; OPEC to cut oil production by 1.5 million barrels; and more.
January 17, 2001U.S. Average Retail Diesel Price Falls 1.1 Cents
The U.S. average pump price for diesel fuel fell 1.1 cents this week to $1.509 per gallon as of Jan. 15, compared with $1.520 Jan. 8, the Energy Department reported Tuesday afternoon.
January 16, 2001P.M. Executive Briefing - Jan. 16
This afternoon's headlines: OPEC moves closer to production cut; Contrans reports increased Q1 earnings; UPS buys bank for $78 million; and more.
January 16, 2001Trucking Technology Report - Jan. 16
Today's technology headlines: Research in Motion, Vaultus in wireless services alliance; Canadian wireless spectrum auction begins; Mail Boxes Etc. begins package-return service; and more.
January 16, 2001Penske Buying Rollins for $754M
Penske Truck Leasing has agreed to acquire another leader in the field, Rollins Truck Leasing, for $754 million.
January 16, 2001Rogers Replaces Wolf on House Transport Panel
The leadership shuffle in Congress puts Rep. Hal Rogers of Kentucky - a lawmaker with a short record on transportation issues - as chairman of a key House Appropriations subcommittee in place of Rep. Frank Wolf - a lawmaker with extensive transportation experience.
January 16, 2001Surcharges Top Agenda At Distributor-LTL Meeting
With a new, almost evenly divided Congress about to begin work, members of the Distribution and LTL Carriers Association are taking a fresh look at several key legislative issues at its 2001 annual meeting at the Sheraton Maui in Hawaii this week.
January 16, 2001A.M. Executive Briefing - Jan. 16
In the news this morning: Marten Transport to report better-than-expected 4Q earnings; USF announces new president for Glen Moore subsidiary; Yellow to fold two regional subsidiaries into Saia; and more.
January 16, 2001Ford Hydraulic System Said to Help Fuel Efficiency
Ford Motor Co. said it has a system of releasing hydraulic energy stored during the braking process that may make commercial vehicles more fuel efficient, especially in stop-and-go traffic. .
January 15, 2001Trending
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