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.
House Staff Drafts Proposal for Trucking Administration
The staff of the powerful House Transportation Committee is circulating a rough draft of a proposal to create a separate motor carrier administration within the Department of Transportation.
July 28, 1999Landair Loses Chief and More
Eddie R. Brown, who was brought in as president of Landair Corp. last year, resigned July 19 as the Tennessee-based truckload carrier announced it would incur significant losses in the second quarter.
July 28, 1999Warnings Go Up in New Jersey
As state workers posted signs last week banning in-transit truckers from many New Jersey roads, some industry officials complained about the sweep of Gov. Christie Whitman’s emergency order that sought to calm citizens’ ire about truck traffic, especially in rural areas.
July 28, 1999Component Suppliers Ride High Atop Crest of Truck Sales Wave
As trucking companies continue to buy new Class 8 tractors at a record pace in order to meet the heavy demand for freight transportation, companies that sell components to truck makers have seen their sales and earnings lifted to new heights.
July 28, 1999Louisiana Governor Signs Intermodal Roadability Law
Louisiana forbids the owner of a vehicle to offer a chassis or container in intermodal exchange that does not meet federal safety regulations, under a new state law. Truckers would have the right to inspect the equipment and demand that repairs be made if necessary.
July 28, 1999Mother, 2 Sons Indicted In Violent Hijackings
A federal grand jury in Richmond, Va., indicted a mother and two of her sons on charges of running a violent hijacking ring that appeared to target older, independent big rig drivers at truck and rest stops along Interstate 95 in Virginia.
July 28, 1999Oregon Legislature Splits Over Ton-Mile Tax Repeal
The Oregon Senate approved the elimination of the state’s weight-distance tax, but the drive to abolish the oldest such tax in the country faces a tough sell before the House and the governor.
July 28, 1999Comdata Expects to Speed Up Card Transactions
Truckers using fuel or credit cards will be able to whiz through check-out lines at truck stops, according to marketers of a satellite point-of-sale technology.
July 28, 1999Ryder System Sells Bus Unit To British Firm for $940 Million
Ryder System agreed to sell its public transportation service unit to FirstGroup PLC, the United Kingdom’s largest bus operator, for $940 million in cash.
July 28, 1999Editorial: Savor the Good Times
The money’s simply overflowing a lot of trucking suppliers’ coffers these days. Major players like Detroit Diesel, Cummins Engines, Eaton, Dana and Meritor are basking in record second-quarter sales and — in many cases — record profits as well. But what does this tell us in trucking?
July 28, 1999Trending
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