Business

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, Safety, Government, Logistics

TransForce Reports Gains in 4Q Income, Revenue

Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.

February 26, 2007
Business, Government, Fuel

Gasoline Prices Jump 12.8 Cents, Lundberg Survey Says

Gasoline prices jumped almost 13 cents a gallon nationwide in the past two weeks, as the price of crude oil rose, according to the latest Lundberg Survey of filling stations, released Sunday.

February 26, 2007
Business, Fuel, Government, Technology, Equipment, Safety

Demand for Cleaner Engines Seen Growing

UNIVERSAL CITY, Calif. — An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.

Neil Abt | Editorial Director
February 26, 2007
Business, Government, Safety

Technology Briefs — Feb. 21 - Feb. 26

J.J. Keller Develops New Online Tools • ALK Announces Spring Update For CoPilot Live • FedEx Express Deploys Four Hybrids in Denver

February 26, 2007
Business

Navistar to Suspend Making Diesel Engines for Ford

Navistar International Corp. said Monday it is suspending production of a diesel engine it builds for Ford Motor Co. because Ford has stopped honoring contract terms.

February 26, 2007
Business, Autonomous

Rack-and-Pinion Steering Is Now a Truck Option

Rack-and-pinion steering, which has become commonplace in passenger vehicles and light trucks, is now getting its first trial in heavy-duty trucks.

Frederick Kiel | Staff Reporter
February 26, 2007
Business, Fuel, Technology, Equipment, Safety, Autonomous

So. Cal. Ports to Require Emission Licenses for Trucks

UNIVERSAL CITY, Calif. — The president of the Long Beach Harbor Commission said a licensing system would be “up and running within five years” at his port and the neighboring Port of Los Angeles to ensure all trucks entering the facilities meet strict emission standards.

Neil Abt | Editorial Director
February 26, 2007
Business, Autonomous

OEMs, Dealers Prep for ’07 Engines With Intense Tech Training

Truck manufacturers and dealers said they are carrying out the most extensive training program ever to prepare technicians to service and repair the new 2007 engine technology, emphasizing the new diesel particulate filters.

Frederick Kiel | Staff Reporter
February 26, 2007
Business, Safety, Government, Autonomous

DOT to Allow Mexican Trucks Access to U.S. Highways

EL PASO, Texas — The United States will grant Mexican trucks access to U.S. highways under a pilot program, Transportation Secretary Mary Peters announced here today.

Sean McNally | Staff Reporter
February 23, 2007
Business, Government, Logistics

Canada May Pass Law to End CN Railroad Strike

Canadian Labor Minister Jean-Pierre Blackburn introduced legislation Friday to force striking Canadian National Railway Co. employees back to work as early as next week, Bloomberg reported.

February 23, 2007