Oil fell for the fourth straight day Friday, slipping 48 cents to closing the week at $89.11 a barrel, Bloomberg reported.
January 21, 2011Trucking Business News
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.
Analysts, Economists Differ on Outlook for Transportation, U.S. Growth
LAS VEGAS — Two industry analysts differed over whether trucking will tread water this year or improve its financial performance even more than it has, and economists told heavy-duty executives the danger of a double-dip recession is gone.
January 24, 2011Obama Calls for Simplification of Rules, Review of Regulations That Hurt Growth
President Obama signed an executive order on Jan. 18 calling for a simplification of regulations and a review of ones that stifle economic growth.
January 24, 2011Strike Threat by Canadian Rail Workers Could Affect Intermodal Shipments
Canadian Auto Workers union members have voted to strike soon at Canadian National Railway Co. and Canadian Pacific Railway Ltd. in a move that could affect both carriers’ intermodal shipments in that nation.
January 24, 2011NTTC Asks PHMSA to Withdraw Plan for Outsourcing Regulatory Requirements
The National Tank Truck Carriers association has asked federal hazardous materials regulators to withdraw a plan to outsource regulatory requirements for the design, manufacture, test, inspection and repair of cargo tanks to a pair of professional organizations.
January 24, 2011Diesel Rises 7.4¢ to $3.407 a Gallon
U.S. retail fuel prices rose for the seventh consecutive week, as the average price of a gallon of diesel jumped by 7.4 cents a gallon to $3.407, the Department of Energy reported.
January 24, 2011Heartland’s Earnings Improve for 4Q, Year
Heartland Express said its fourth-quarter and full-year profit rose from the year-ago periods.
January 21, 2011Report Cites Congestion’s Cost to Trucking
The cost of U.S. traffic congestion has jumped to $115 billion in 2009 from $24 billion in 1982, and trucks are shouldering a disproportionate share of the cost, according to a report released this week.
January 21, 2011Intermodal Traffic Rises 5.8% for Week
Intermodal traffic rose 5.8% last week compared with a year ago, though trailer traffic was down slightly, the Association of American Railroads reported.
January 21, 2011Intermec Acquires Warehouse Tech Firm
Supply chain technology firm Intermec Inc. said it will acquire Vocollect Inc., a warehouse technology firm focused on voice-enabled products.
January 21, 2011Trending
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