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, Government, Safety

Teamsters Oppose Allied’s Motion to Void Contract

Auto hauler Allied Holdings filed a motion Friday asking that an Atlanta bankruptcy court void the contract between the Teamsters union and Allied and allow the company to implement the wage, benefits and work-rule concessions it has been seeking, the Teamsters said.

February 5, 2007
Business, Technology, Equipment, Safety

Technology Briefs — Jan. 30 - Feb. 5

Analyst Says More Ethanol Won’t Stem Consumption • Extol to Provide Software to C.R. England • J.B. Hunt Chooses PAR System for Reefer Tracking

February 5, 2007
Business, Safety, Government

ISM Services Index Rises in January

The economy’s service sector growth improved last month, the Institute for Supply Management said Monday.

February 5, 2007
Business, Technology, Equipment, Safety

SkyBitz, Stemco to Offer Mileage Readings for Trailer-Tracking System

Trailer-tracking technology maker SkyBitz Inc. and has teamed with Stemco LP to offer mileage readings in conjunction with real-time trailer tracking for commercial fleets and trailer leasing companies, the two said Monday.

February 5, 2007
Business, Fuel, Government

UPS Orders 27 Boeing Jets for Air Shipments

UPS Inc. said Monday it has ordered 27 new Boeing jets to support its growing package business while providing broad options for the management of its air fleet.

February 5, 2007
Business, Government, Safety, Fuel

EPA Boosts Enforcement of ULSD Labeling Rule

The Environmental Protection Agency said it has increased enforcement of its fuel-pump labeling rule after finding that the majority of retail diesel pumps it tested did not display ultra-low-sulfur-diesel labels, even though they were dispensing ULSD.

Andrea Fischer | Staff Reporter
February 5, 2007
Business, Equipment, Autonomous

Diesel Engine Update: Some Carriers Are Warming to ’07 Models

While other carriers were debating whether to buy even one Class 8 truck with a 2007 EPA-certified engine, Mike Hasinec at Penske Truck Leasing Co. was knee-deep in testing 2007 engine performance.

February 5, 2007
Business, Government

President to Seek Funds for Road Congestion Relief

President Bush will include provisions to help ease traffic congestion in his budget blueprint Monday, the Wall Street Journal reported.

February 5, 2007
Business, Fuel, Government, Safety

Air Cargo Shipments Decline in December, Rise for Year

Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.

February 2, 2007
Business

Volvo’s Sales, Profit Jump for Fourth Quarter, 2006

Volvo AB said its fourth-quarter profit jumped 24% due to an increase in sales in Eastern Europe, Bloomberg reported Friday.

February 2, 2007