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.
U.S. Says Hoffa Should Take Office
The Justice Department said it believes James P. Hoffa should be installed as president of the Teamsters union, despite an opponent鈥檚 court challenge of his election victory.
March 19, 1999Britain鈥檚 鈥楽oul-Destroying鈥 Fuel Tax
After seven diesel fuel tax increases in six years, Britain鈥檚 small trucking companies and owner-operators 鈥渁re just giving up,鈥 said Peter Knight, owner of Les Knight Transport.
March 19, 1999FDX Reports Increased Earnings
The parent company of Federal Express Corp. posted better-than-expected profits despite spending $90 million to prepare for a strike that was averted. FDX also announced a 2-for-1 stock split.
March 19, 1999CSX to Break Up Sea-Land Service
CSX Corp. said it will break up Sea-Land Service, its container shipping subsidiary, into three separate businesses beginning in June.
March 19, 1999Renault, Nissan Discuss Alliance
Less than a week after DaimlerChrysler broke off talks with Nissan Motor Co., French car and truck builder Renault is negotiating with the Japanese manufacturer.
March 19, 1999Mead Urges Congress to Take 'Hammer Approach' to Truck Safety
The Department of Transportation鈥檚 inspector general was back on Capitol Hill Thursday, urging Congress to completely remodel the federal government鈥檚 trucking safety program..
March 18, 1999Arkansas House Panel OKs Higher Diesel Tax for Highway Program
The Arkansas House Revenue and Taxation Committee today endorsed a Senate plan to put a greater tax burden on the trucking industry to pay for state highway improvements.
March 18, 1999Stowaway Smuggling Is Big Business
Freight Transport Assn. PhotoTruck drivers may soon face a hard blow to their wallets under a British proposal to stem the tide of illegal immigrants flooding the island nation, mostly from Eastern Europe.
March 18, 1999TCA Approves Strategic Plan, Sets Course to ATA Merger Vote
The Truckload Carriers Association approved a new strategic plan Wednesday that refocuses the 61-year-trade group on education and training.
March 18, 1999Tire Marks in the Mud Are Key to Investigation of Illinois Train Wreck
Investigators are analyzing tire tracks in the mud to determine whether the truck driver at the center of the deadly Amtrak crash had tried to go around the crossing gates and beat the train.
March 18, 1999Trending
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