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.
Obama May Reverse Bush Policy on Denial of Emissions Waiver
Reversing Bush administration policies, including its denial of California’s request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama’s agenda in January, some observers said.
November 17, 2008Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Canadian Report Highlights Biodiesel Concerns
Adding biodiesel to Canada’s existing fuel storage, blending and distribution infrastructure could spur a host of problems for the country's distillate market, the Canadian Trucking Association said.
November 17, 2008Waste Management Tests Peterbilt Hydraulic Hybrid Trucks
Trash-hauler Waste Management Inc. is field-testing the first prototype parallel hydraulic hybrid truck to be deployed in waste collection runs, the company said Friday.
November 17, 2008Kenworth to Cut Wash. Production, Lay Off 400
Kenworth Truck Co. will scale back most of its truck production at its Renton, Wash., plant and lay off more than 400 workers as sales slump, the Seattle Post-Intelligencer reported Saturday.
November 17, 2008UPS Will Not Forecast Peak Shipping Day
In a switch from previous years, UPS Inc. will not forecast a peak day for holiday shipping this year because the slowing U.S. economy is making such a prediction too difficult, Bloomberg reported Monday.
November 17, 2008Industrial Production Rises 1.3% in October
U.S. industrial production rose 1.3% in October, the Federal Reserve said Monday.
November 17, 2008N.Y. ‘Empire State’ Manufacturing Index Contracts Sharply
Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Monday.
November 17, 2008DHL to End U.S. Parcel Service After 5 Years, Nearly $10 Bln.
Deutsche Post, owner of DHL Express, said it would close the parcel carrier’s U.S. operations after an unsuccessful five-year, $10 billion attempt to crack into a $61.1 billion market dominated by UPS Inc. and FedEx Corp.
November 17, 2008Scam Artists Hit Brokers, Fleets
Logistics executive Paul Lueck, a 27-year veteran of the transportation business, thought he’d seen it all before the silver-tongued con man from what turned out to be a fictitious Jonesboro, Ark., trucking company came calling last summer.
November 17, 2008TT Logistics 50: Shippers, Carriers Seek Solutions to Logistics Challenges
Logistics companies face significant new challenges as both shippers and carriers look for ways to cope with financial turmoil, volatile fuel costs and slumping demand for goods and services.
November 17, 2008