Oil fell for the first time in eight days Friday to below $92 a barrel, after topping out at a nine-week high on Thursday, Bloomberg reported.
July 20, 2012Trucking 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.
Battle Over Rail System Expected to Be Fierce, When Current Authorization Expires in 2013
In March, when the Senate passed its transportation reauthorization bill by a wide margin, the measure addressed the nation’s total surface transportation system.
July 23, 2012Heavy-Duty Truck Sales Up 19.4% in June
Class 8 truck sales rose 19.4% in June over the year-ago level, extending a growth pattern that dealers and analysts said could be in jeopardy during the rest of 2012 because of growing economic uncertainty.
July 23, 2012Broker Bond Clash Continues After Law Sets Higher Minimum
A provision in the recently enacted federal transportation legislation aimed at protecting truckers and shippers by dramatically raising the bond freight brokers must pay has ignited a storm of controversy.
July 23, 2012Growing Focus on Cab Comfort, Idling Limits Has Fleets Trying New Power Alternatives
In 2004, NFI Industries began outfitting its 900 sleepers with diesel-fired auxiliary power units to cool the cabs without running the truck engines.
July 23, 2012N.Y. Truckers Rally Business Opposition to Proposed 45% Thruway Toll Increase
New York truckers have helped organize a coalition of 22 business groups to oppose the 45% increase in truck tolls proposed by the New York State Thruway Authority.
July 23, 2012Werner, Hunt, Marten Profits Soar, But USA Truck Reports 2Q Losses
The first three trucking companies to report second-quarter earnings last week said a combination of lower fuel costs, higher rates and cost controls produced double-digit profit improvements.
July 23, 2012Race for $1.4 Billion Postal Service Contract to Pit Incumbent FedEx vs. Challenger UPS
When the U.S. Postal Service’s biggest airfreight contract, worth $1.4 billion, expires in September 2013, current pact holder FedEx Corp. will have to battle archrival UPS Inc. to keep it.
July 23, 2012Diesel Prices Increase Again as Exports Reach New Record
The average retail price of diesel fuel increased for a second week, rising 1.2 cents a gallon, which oil analysts attributed to higher crude oil prices and record-breaking distillate exports from the United States.
July 23, 2012Swift’s 2Q Profit Improves
Swift Transportation’s second-quarter profit rose on improved trucking pricing and expanded intermodal operations.
July 20, 2012Trending
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