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.
LaHood in New England to Deliver $20 Million Stimulus Grant
Secretary of Transportation Ray LaHood is scheduled to deliver $20 million in federal infrastructure stimulus funding Wednesday to the New England states of Maine and New Hampshire.
TCA Changes on Weight Limit; Backs Higher 88,000-Pound Cap
PHOENIX — The Truckload Carriers Association has changed its long-standing support of the status quo on truck weight limits in announcing a new preference in favor of an 88,000-pound gross vehicle weight, up the from the current 80,000-pound federal limit.
Werner’s Third-Quarter Income Improves
Werner Enterprises’ third-quarter profit rose to $24.2 million, or 33 cents a share, from $19 million, or 26 cents, a year ago.
October 19, 2010Housing Starts Rise to Five-Month High
Housing starts rose 0.3% to a five-month high in September, the Commerce Department said Tuesday.
October 19, 2010Volvo Renews Sponsorship of America’s Road Team
Volvo Trucks North America will continue to sponsor American Trucking Associations’ America’s Road Team for its 2011 season, the truck maker said.
October 19, 2010Former FMCSA Chief Sandberg Hired at Wash. State Transportation Law Firm
Annette Sandberg, former administrator of the Federal Motor Carrier Administration, will become an attorney with a transportation law firm in Spokane, Wash., the firm said.
October 19, 2010Diesel Rises 0.7¢ to $3.073 in Third Straight Increase
Diesel posted its third straight weekly increase, gaining 0.7 cent to a national average retail price of $3.073 per gallon, the Department of Energy said Monday.
October 19, 2010ATA to Ask EPA to Keep California from Requiring Filters for APUs
American Trucking Associations has asked the U.S. Environmental Protection Agency to refuse to allow California to chart its own path on requirements governing auxiliary power units on trucks.
Industry Gathers in Phoenix to Discuss Economy, Regulations, Future of Trucks
American Trucking Associations members gathering this week in Phoenix will meet to discuss economic recovery, the future of trucks and engines and the political and regulatory issues facing the industry.
October 18, 2010Navistar, UAW Reach Tentative Agreement
Navistar International Corp. and the United Auto Workers union have reached a tentative agreement on new four-year labor contracts, the company said.
October 18, 2010