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.
Four Injured in Train-Truck Accident
An Amtrak train hit a tanker truck July 8, derailing eight cars and injuring at least four people, none seriously. Among the uninjured passengers was Cindy McCain, wife of Arizona Sen. John McCain, and their son, Jack, 13. McCain, a Republican, chairs the Senate Transportation Committee.
July 9, 1999Oakland Longshoremen End Walkout
About 1,400 dockworkers returned to their jobs July 8 after shutting down the Oakland port for two days in the middle of contract negotiations. A union spokesman said contract negotiations with port management would resume July 9.
July 8, 1999Overnite Rejects Talks; Strike Expands
Employees at two more Overnite Transportation terminals went on strike July 8, bringing the total number of strikers to 1,430 at seven of the firm's 166 terminals, Teamsters union officials said. Earlier, the company flatly rejected the union鈥檚 offer of a meeting.
July 8, 1999Nationwide Trucker Strike Fizzles
The latest attempt at a long-haul trucker strike, which began with a bang July 5, ended with a whimper two days later. Truckers Against Discrimination organized the stoppage to protest split speed limits, stiffer traffic fines for commercial drivers and lane restrictions.
July 8, 1999Teamsters Approve Carhauler Contract
Members of the Teamsters union have approved an agreement previously made with trucking companies that haul new cars to showrooms across the country. The contract was ratified by a four-to-one margin during a vote Wednesday.
July 8, 1999Hampton Roads Officials Ponder Tolls
Hampton Roads, Va. leaders are considering tolls and gas tax increases to pay for major transportation improvements. But Newport News Mayor Joe Frank fears they "could have a chilling effect on the exchange of commerce" in the Tidewater Virginia area.
July 8, 1999Delays Prompt STB to Order Reports
Norfolk Southern and CSX railroads continued to experience service problems in the wake of their joint $10 billion acquisition of Conrail, prompting the U.S. Surface Transportation Board to order them to provide daily information on congestion and the condition of their freight systems.
July 7, 1999Diesel Prices Hit 17-Month High
National average diesel fuel prices jumped to their highest level in 17 months during the week ending June 28, and the surge in diesel prices over the past three weeks has cost trucking companies an estimated $9 million, according to analysts.
July 7, 1999Va. Hazmat Crash Illustrates Problems
The decision to close Interstate 95 in Virginia after a truckload of blackpowder overturned in June has spurred some in the transportation industry to question the preparedness and competency of the nation鈥檚 first line of defense when an accident involving hazardous materials occurs.
July 7, 1999FHWA Hosts First Rest Area Forum
Carriers, drivers, regulators and truck stop operators grappled last week with the issue of where tired truck drivers can get some rest while on the job. The biggest issues raised during the Federal Highway Administration鈥檚 Rest Area Forum were providing information on parking, adding spaces and increasing safety.
July 7, 1999Trending
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