President Obama told Mexican President Felipe Calderon he is committed to resolving a dispute over Mexican truck access to U.S. highways, Bloomberg reported Monday.
August 10, 2009Trucking 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.
Wholesale Inventories Fall for Tenth Month
Wholesale inventories fell in June for the tenth consecutive month, the Commerce Department said Tuesday.
August 11, 2009Express-1 Reports Lower 2Q Income
Express-1 Expedited Solutions earned $288,000, or 1 cent per share, in the second quarter, down from $774,000, or 2 cents, a year ago.
August 11, 2009Daimler Sets $9,000 Price Increase for 2010 Engines
Daimler Trucks North America will raise its heavy-duty truck prices for 2010 models by $9,000 to account for new emissions technology, with medium-duty trucks costing $6,700 to $7,300 more than 2009 models.
August 11, 2009FedEx Expands International Economy Service
FedEx Corp. said Monday it has expanded its international economy package and freight services to 90 countries, from the 16 previously serviced.
August 10, 2009Teamsters Approve YRC Pay, Pension Cuts
Less-than-truckload carrier YRC Worldwide’s Teamsters union members have approved a 5% wage cut and agreed to allow the company to forego pension plan contributions for the next 18 months.
August 10, 2009Ex-FBI Agent Reportedly Will Head TSA
The Obama administration plans to nominate former FBI agent Erroll Southers to head the Transportation Security Administration, the Associated Press reported.
August 10, 2009Letters: Perception vs. Reality, Containers, Road Fund Cash
Three different articles in your July 20 publication underline the huge disconnect between current policymakers’ perception and the realities of our industry.
August 10, 2009Personal Responsibility
Keeping both hands on the wheel and texting a message on a handheld device cannot occur at the same moment in time.
August 10, 2009Flying J, Pilot Merger Plan Faces Antitrust Review
After clearing its first legal hurdle in U.S. bankruptcy court, the proposed merger between truck stop operators Flying J Inc. and Pilot Travel Centers is about to undergo a federal antitrust review.
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