Trucking 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.
Railroad, Trucking Shares May Dip in 4Q, Analyst Says
J.P. Morgan transport analyst Thomas Wadewitz lowered his fourth-quarter earnings estimates for six major railroads by an average of 2.8% and cut his estimates for three truckload companies by an average of 8.7%, the Associated Press reported.
December 4, 2007Big Biodiesel Plant Opening in Iowa Tuesday
A large biodiesel plant that will be one of the world’s 10 largest biodiesel facilities is scheduled to open Tuesday in Iowa, the Albert Lea (Minn.) Tribune newspaper reported.
December 3, 2007Automakers Say Deal Should Prevent States from Setting Emissions Standards
U.S. automakers say congressional legislation to boost U.S. fuel-economy standards 40% should halt efforts by states to restrict emissions, Bloomberg reported Monday.
December 3, 2007ISM Factory Index Dips in November
The Institute for Supply Management’s manufacturing index dipped slightly in November from October, ISM said Monday.
December 3, 2007Ultra Logistics Unveils Upgraded Software Program
Ultra Logistics has launched a new version of its software program that it said will offer greater flexibility to shippers managing their supply chains.
December 3, 2007SoCal Ports Set Emissions Reduction Plan
Southern California’s ports are about to begin a multibillion-dollar program that is being watched all over the world to repair, replace or clean up engines to reduce pollution, the New York Times reported Monday.
December 3, 2007Vitran Buys Calif. Supply Chain Firm
Vitran Corp. said it bought retail supply chain management firm Las Vegas/L.A. Express, based in Ontario, Calif., for about $12.6 million.
December 3, 2007Chinese Order 1,900 Cummins Bus Engines
Cummins Inc., the largest foreign investor in the Chinese diesel engine industry, received an order for 1,900 bus engines from transit agencies in China, Bloomberg reported.
December 3, 2007Winter Storm Hits Northeast Following Midwest Blast
AÂ winter storm blamed for at least 11 deaths in the Midwest wreaked havoc on Northeast roads Monday with a mix of rain, sleet and snow, the Associated Press reported.
December 3, 2007Exxon Mobil, Partners to Build Hydrogen-Powered Forklift
Exxon Mobil Corp. said it will partner with two other companies and an Israeli university to build a commercial lift-truck application powered by fuel cells from hydrogen produced in the truck.
December 3, 2007Follow Us
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