The Department of Transportation’s freight transportation services index rose 1.9% in August from the same month a year ago, DOT said Wednesday.
October 8, 2008Trucking 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.
Business Inventories Rise More Than Forecast
Business inventories rose 0.8% in August, the Commerce Department said Thursday.
October 9, 2008Dynamex Names James Welch CEO
Logistics and delivery firm Dynamex Inc. said Wednesday it has named James Welch its new chief executive officer, starting Nov. 1.
October 9, 2008Jobless Claims Fall for Week
Initial jobless claims fell by 20,000 last week, as losses related to the Gulf Coast hurricanes subsided, the Labor Department said Thursday.
October 9, 2008UPS Freight Says It Improves Western Transit Times
UPS Freight said Wednesday it has sped up transit schedules on more than 1,900 traffic lanes in eight western states, marking the final phase of its 2008 network enhancements.
October 8, 2008Opinion: Hurricane Katrina’s Lessons
As we gather in New Orleans for our 2008 Management Conference & Exhibition, it’s hard not to think back to the images of the “Crescent City” in 2005 following Hurricane Katrina. In a matter of hours, New Orleans went from a vibrant tourism destination to a city devastated by flooding.
October 8, 2008DOT Freight Transport Index Rises
N.J. Officials Propose Smaller Toll Hikes
New Jersey officials have scaled back proposals to drastically increase tolls on the New Jersey Turnpike and Garden State Parkway, offering a new plan that includes discounts for trucks, the Philadelphia Inquirer reported.
October 8, 2008Letters to the Editor: Fed Bailout; Training, Turnover
Do you see anything in “The Bailout Plan” that indicates whether there will be fines and prosecutions for board members, chief executive officers (i.e., the big guys who walk away with millions of dollars per year in bonuses and the people who worked the deals) and the oversight committees who monitor our financial markets?
October 8, 2008FMCSA Sends Rules on Chassis, New Carriers to White House
The Federal Motor Carrier Safety Administration sent regulations aimed at strengthening oversight of new trucking companies and of intermodal chassis equipment to the White House for review, putting the regulations on pace to be published before the end of the year.
October 8, 2008ATA Expands Highway Safety Agenda
American Trucking Associations said its board of directors has voted to expand ATA’s safety agenda with the goal of further reducing the number of highway-related fatalities.
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