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.
Car Haul Negotiations Begin
Representatives of car haulers and the Teamsters union exchanged contract proposals Feb. 5, kicking off negotiations on terms of a new National Master Automobile Transporters Agreement.
February 5, 1999Did Fiat Make Bid For Volvo?
In the aftermath of AB Volvo鈥檚 agreement to sell its car division to Ford Motor Co., a semantic argument has erupted over a rival $13 billion bid for all of Volvo by Italian car and truckmaker Fiat.
February 5, 1999Truckers Sentenced in Fraud Case
The owners of a Lamar company and two employees have been sentenced in federal court for conspiracy to commit fraud.
February 5, 1999Kansas Legislators Unveil Plan
The chairman and vice chairman of the Kansas House Transportation Committee have drafted their own transportation plan.
February 5, 1999More Money for Roads, But . . .
The proposed DOT budget for the next fiscal year calls for more highway spending but allocates most of a $1.5 billion windfall in motor fuel tax revenue to non-road spending.
February 5, 1999Trucking Safety Debate Is Set
TT PhotoThe congressional debate over motor carrier safety is heating up, with the announcement Wednesday for a series of hearings on the subject. Ground Transportation Subcommittee Chairman Tom Petri (R-Wis.) (pictured) said the hearings "will take a comprehensive and hard look at motor carrier safety."
February 5, 1999Commission Keeps Tolling Power
Legislation to limit the Highway Commission鈥檚 authority to place toll booths on Interstates failed in committee.
February 5, 1999Qualcomm Cuts Payroll by 700
Qualcomm Inc. announced it is cutting 700 jobs, or about 6% of its workforce, in response to slow sales and increased competition.
February 5, 1999Goodyear, Sumitomo Join Forces
Goodyear Tire & Rubber Co. and Japan鈥檚 Sumitomo Rubber Industries announced a global alliance.
February 5, 1999FedEx Pilots Approve Contract
File PhotoFedEx pilots approved their first contract with the cargo airline on Thursday, 2 1/2 months after backing down from a threatened strike.
February 4, 1999Trending
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