Business
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.
Clark Holdings Shareholders to Vote on Buyout
Logistics firm Clark Holdings is planning a special shareholders meeting to vote on a $5 million buyout proposal from Gores Group.
October 12, 2011Teamsters, Safety Groups Press Obama on HOS Changes
Highway safety advocates and the Teamsters union have written to President Obama asking him to “expeditiously more forward” on the new hours of service rule proposed by the Federal Motor Carrier Safety Administration.
FMCSA Rejects Challenge to Mexico Border Crossings
Allowing Mexican trucks to haul freight across the U.S. border does not pose the kind of “significant” truck-emissions issues that would require a full environmental impact study, the Federal Motor Carrier Safety Administration said.
October 11, 2011Quality Distribution to Acquire Intermodal Tank Container Company
Tank truck carrier Quality Distribution has announced that its subsidiary, Boasso America, will acquire Greensville Transport Co., a provider of intermodal tank container and depot services.
October 11, 2011I-64 Bridge Linking Indiana, Kentucky to Close for Six Months of Repairs
The Interstate 64 bridge spanning the Ohio River between Louisville, Ky., and southern Indiana must be closed for six months, transportation officials said.
October 11, 2011DOT Overturns Grant for Ohio Turnpike Privatization Study
The U.S. Department of Transportation has rescinded a federal grant that Ohio was using to study privatizing the Ohio Turnpike, the Cleveland Plain Dealer reported.
October 11, 2011Company Offers Technology to Track Sleep Apnea Compliance
Umbian Inc. announced it has developed technology that enables trucking companies to monitor the use of Continuous Positive Airway Pressure devices used to treat sleep apnea.
October 11, 2011Transmission Case Against Eaton Advances
Plaintiffs in a suit against Eaton Corp. and major truck manufacturers claimed a victory after a federal judge turned aside defendants’ efforts to dismiss the case.
October 11, 2011PTG Buys 70 SmartWay Trailers from Great Dane
PTG Logistics has ordered 70 SmartWay Great Dane composite-plate trailers.
October 11, 2011Jacobs Enhancing Engine Braking Technology
Jacobs Vehicle Systems said it has recently enhanced its engine braking technology to include engine decompression capability.
October 11, 2011