Trucking Business News

About 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

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, 2007
Business, Fuel

Big 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, 2007
Government, Business, Safety, Fuel

Automakers 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, 2007
Business, Safety, Government

ISM Factory Index Dips in November

The Institute for Supply Management’s manufacturing index dipped slightly in November from October, ISM said Monday.

December 3, 2007
Business, Logistics

Ultra 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, 2007
Government, Business, Fuel, Logistics

SoCal 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, 2007
Business, Government

Vitran 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, 2007
Government, Business, Equipment

Chinese 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, 2007
Government, Business, Safety

Winter Storm Hits Northeast Following Midwest Blast

A 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, 2007
Fuel, Business

Exxon 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, 2007