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.
Tommy Hodges Becomes ATA Chairman
American Trucking Associations said its board has named trucking executive Tommy Hodges ATA’s new chairman.
October 9, 2009Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Court Rules for ArvinMeritor in Transmission Lawsuit
A federal court has ruled in favor of trucking supplier ArvinMeritor Inc. over Eaton Corp., in which ArvinMeritor had accused its competitor of violating antitrust law in the sale and marketing of heavy-duty truck transmissions.
October 9, 2009Investors to Buy Livingston International
Canadian customs brokerage firm Livingston International Income Fund said that it has agreed to an acquisition offer from CPP Investment Board and Sterling Partners.
October 9, 2009Rail, Intermodal Traffic Fall for Week
Intermodal rail traffic in the United States fell 15.7% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
October 9, 2009Accuride Files for Chapter 11 Bankruptcy
Accuride Corp., a manufacturer of steel and aluminum truck and trailer wheels, filed for Chapter 11 bankruptcy protection Thursday, Bloomberg reported.
October 8, 2009ATRI Names Steve Williams Chairman
The American Transportation Research Institute has named Steve Williams, president of flatbed carrier Maverick USA, its new chairman.
October 8, 2009Transportation Officials Cancel Plans for Trans-Texas Corridor
The Texas Department of Transportation has pulled the last plug on the Trans-Texas Corridor, Gov. Rick Perry's embattled plan to build a toll-road network across the state.
October 8, 2009Express-1 Acquires Freight Forwarder LRG
Express-1 Expedited Solutions said that it has acquired LRG International, an international freight forwarder specializing in ocean and air freight.
October 8, 2009Initial Jobless Claims Fall to 10-Month Low
Initial jobless claims fell to a 10-month low last week, the Labor Department said Thursday.
October 8, 2009ATA’s Graves Cites Trucking’s ‘Transformational Moment’
LAS VEGAS — American Trucking Associations President Bill Graves told trucking executives here that even after surviving a tough 2009, trucking’s future could hold more challenges given the changes being faced by both the industry and the country as a whole.
October 7, 2009