Drivers and freight shippers will experience fewer delays at U.S. border crossings in California, Texas and Washington state due to new congestion-relief projects that will include public-private partnerships, the Department of Transportation said Friday.
September 19, 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.
August Class 8 Truck Sales Rise 9.2%
Heavy-duty U.S. truck sales grew for a third straight month in Au-gust, but at a still anemic rate over a weak August 2007, according to the latest monthly survey by WardsAuto.com.
September 22, 2008Alternative Fuels Use to Rise After 2010 Change, Graves Says
If you think the Environmental Protection Agency’s 2010 engine requirements will be the ultimate technological test for fleets, American Trucking Associations President Bill Graves has a message for you: There’s more to come.
September 22, 2008DOT Sets New Border Projects
Rail, Intermodal Traffic Fall for Week
Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
September 19, 2008Oil Jumps $6 to Close Week Over $104 a Barrel
Oil jumped more than $6 Friday to close the trading week at $104.55 a barrel on the New York Mercantile Exchange, Bloomberg reported.
September 19, 2008FedEx’s 1Q Profit Slips 22%; Express Unit to Boost Rate 4.9%
FedEx Corp. said Thursday its fiscal first-quarter profit slipped 22% from a year ago on higher fuel costs and declining demand for express shipments, and said its express unit will boost rates by a net 4.9% next year.
September 18, 2008YRC Worldwide Names Timothy Wicks CFO
YRC Worldwide Thursday named Timothy Wicks its Chief Financial Officer, effective Oct. 13.
September 18, 2008Dynamex Reports Improved 4Q Profit; Seeks New CEO
Logistics and delivery firm Dynamex Inc. reported an improved fiscal fourth-quarter profit and said it was searching for a new chief executive officer.
September 18, 2008Philadelphia Manufacturing Index Shows Expansion
Manufacturing levels in the Philadelphia region improved and moved into positive territory this month, the Federal Reserve Bank of Philadelphia said Thursday.
September 18, 2008New I-35W Bridge Opens in Minneapolis
The new Interstate 35W bridge opened Thursday in Minneapolis, a little more than a year after the previous bridge collapsed into the Mississippi River, the Associated Press reported.
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