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.
Marten Transport Names New President
Refrigerated truckload carrier Marten Transport said Wednesday that Timothy Kohl will become the company’s president, effective June 2.
May 7, 2008TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
DHS Moves TWIC Compliance Date Back to April
The Department of Homeland Security said it pushed back the enforcement date for the Transportation Worker Identification Credential program to April 15, 2009, although some areas will need to comply sooner.
May 7, 2008First-Quarter Productivity Improves 2.2%
First-quarter U.S. worker productivity improved 2.2%, the Labor Department said Wednesday.
May 7, 2008Pacer’s First-Quarter Income Improves
Transportation and third-party logistics firm Pacer International’s first-quarter profit rose to $14.3 million, or 41 cents a share, from $7.8 million, or 21 cents, a year ago, the company said.
May 6, 2008Letters to the Editor: Idling, Govt. and Fuel, Owner-Operators, Time for Protest
Your front-page article April 7 about auxiliary power units possibly saving on fuel quoted an APU maker’s spokesman who stated (like many others I have seen) that idling truck engines use up to 1.8 gallons of fuel an hour.
May 6, 2008ATA Gives Knight Exec, Con-way 2008 Security Awards
American Trucking Associations’ Security Council presented its Security Professional of the Year award to Richard Martin, the corporate security director for truckload carrier Knight Transportation.
May 6, 2008DOE Boosts Diesel-Price Forecast
Diesel fuel will average $3.94 per gallon at the pump this year — more than a dollar over last year’s average and higher than the $3.62 forecast issued last month, the Department of Energy said.
May 6, 2008DeFazio Says Congress Should Help Truckers Hit by Fuel Costs
A key Congressman said lawmakers should help the trucking industry cope with diesel prices that have risen 45% in the past year, Bloomberg reported.
May 6, 2008ArvinMeritor to Spin Off Auto Unit, Focus on Trucks
Auto and truck component maker ArvinMeritor Inc. said Tuesday it will spin off its automobile business unit to its shareholders and focus on supplying parts for commercial trucks.
May 6, 2008Deutsche Post Names New U.S. DHL Chief
Deutsche Post said Tuesday it has appointed Ken Allen to lead its DHL Express unit in the United States, Bloomberg reported.
May 6, 2008