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.
Shuster: States Should ReapBenefits of Extra Gas Tax Money
The chairman of the House Transportation Committee showed states exactly what they'd get if extra gas-tax money were sent to them instead being spent on other federal programs.
February 4, 1999Tax Increase for Roads Backed in Poll
TT File PhotoAmericans would support a 1% tax increase to pay for smooth streets with no potholes, a new poll found. A report on infrastructure needs and environmental improvements indicated that 69% of the 800 people surveyed would be "very willing" to pay more in taxes for smoother roads.
February 4, 1999Ports Seek Improvement Funds
Representatives from four ports have urged Congress to allot funds to help deepen and modify their facilities.
February 4, 1999Detroit Diesel Reports Record Earnings
Detroit Diesel Corp. announced fourth quarter 1998 revenues of $563 million and record fourth quarter earnings of $10.3 million.
February 4, 1999Swedish Firm Acquires Bartlett Lifting
Bartlett Lifting Devices, a Chicago-based company, will become a division of Kalmar Industries USA, Ottawa, Kan., Kalmar announced last month.
February 4, 1999UP to Double Mexican Rail Stake
Union Pacific Railroad has agreed to double its stake in a Mexican Railroad.
February 4, 1999S.D. House Rejects Tax Repeal Move
PIERRE, S.D. (AP) — The House was in no mood Wednesday to cut taxes.
February 4, 1999Eaton Agrees to Buy Aeroquip-Vickers
Eaton Corp. wanted a leadership role in industrial hydraulics and got it Monday with an agreement to buy Aeroquip-Vickers Inc. for about $1.7 billion.
February 3, 1999Freightliner CEO Suggests Swap
The trucking industry should trade government-sought safety enhancements for the right to increase productivity, James Hebe, chief executive officer of Freightliner Corp. said Tuesday.
February 3, 1999Tax Hike May Be Needed For Plan
A report to the Kansas House Appropriations Committee at the end of January said that the idea of a tax increase for transportation met acceptance with everyone who spoke at 12 town hall meetings.
February 3, 1999Trending
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