Transportation 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.
Truck Driver Injured In Amtrak Crash
GREENWOOD, Miss. - A Greenwood truck driver was injured Friday when his tractor-trailer rig collided with Amtrak's City of New Orleans passenger train, officials said.
June 21, 1999Teamsters Riled By NationsWay's Selective Back Pay
DENVER - Teamsters officials on Friday criticized NationsWay Transport for allegedly paying back wages only to employees who continued to work for the transport firm after it filed for bankruptcy last month.
June 21, 1999Covenant Says 2nd Qtr. Earnings Will Exceed Analysts' Estimates
Covenant Transport, Chattanooga, Tenn., said it expects to report second quarter profits above analysts' estimates. It is the third trucking company in the past week to project better than expected earnings.
June 18, 1999Delays Plague Conrail's Owners
WASHINGTON - Delivery delays and other rail-service problems continued to plague the new owners of Conrail Inc. as they began their third week of operations. Rail customers reported late shipments of raw materials and difficulties getting the rail cars needed to pick up finished goods.
June 17, 1999Asche Unit to Eliminate Debt With Advance Payment
In an unusual financing transaction, Asche Transportation Services, Shannon, Ill., said its waste hauling unit, Specialty Transportation Services, will pay off $8 million in subordinated debt with an advance payment from one of its customers.
June 17, 1999Delayed Ohio Turnpike Work Creates Rest Area Jams
Chronic construction on the Ohio Turnpike is creating long lines at rest stops for trucks and passenger vehicles alike, and delays in the roadwork mean no relief anytime soon.
June 17, 1999N.J. Troopers Find More Violators at Higher Speed
Drivers are doing just a little too much when it comes to speeding on certain stretches of New Jersey highways. State Police records show that in the last year, since the speed limit was increased to 65 mph on certain roads in the state, troopers wrote the most tickets to drivers traveling between 10 and 19 mph above the 65-mph limit.
June 17, 1999Trucking Veteran Makes Hiner His First Acquisition
Trucking industry veteran Paul James has purchased Hiner Transport of Huntington, Ind., from company founders °®¶¹´«Ã½r and Marge Hiner for an undisclosed amount.
June 17, 1999Yellow Expands Its Network With $200 Million Bid for Jevic
Yellow Corp. found a Midwest and Northeast anchor for its emerging nonunion regional trucking network. It is Jevic Transportation, a publicly owned regional and inter-regional less-than-truckload and truckload carrier based in Delanco, N.J.
June 16, 1999Supreme Court Expected To Rule on ADA Suits
By the end of this month, the Supreme Court is expected to rule on three cases that could change who gets to drive commercial trucks in the United States.
June 16, 1999Trending
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