Freight movements jumped 13.8% in March from a year ago, with volume up for all transportation modes, according to the most recent Cass Freight Index.
April 6, 2011Trucking 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.
Pa. State Police Issue 790 Hazmat Citations
Pennsylvania State Police said Wednesday that its officers inspected nearly 1,600 commercial vehicles transporting hazardous materials and issued 790 citations during a one-day enforcement in late March.
April 6, 2011Isuzu Resumes Truck Production in Japan
Isuzu Motors Ltd. said it resumed truck production at its Fujisawa, Japan, plant Tuesday after being idled since the March 11 earthquake and tsunami in that country.
April 6, 2011Report Urges NAFTA Cooperation on Emissions
There is an urgent need for cross-border cooperation between the United States, Canada and Mexico to reduce truck and train greenhouse-gas emissions which would in turn help safeguard regional economic competitiveness, according to a new study.
April 5, 2011House Panel Fields Queries on Highway Bill
Members of a key House panel began hearing proposals Tuesday from members of Congress about ways to fund a six-year highway reauthorization bill without exceeding Highway Trust Fund revenues that are mostly derived from federal gas and diesel taxes.
April 5, 2011Ryder Completes Acquisition of Calif. Leasing Company
Ryder System said Tuesday it completed its acquisition of B.I.T. Leasing, a truck leasing and fleet services company based in Hayward, Calif.
April 5, 2011Diesel Rises Again, Gaining 4.4¢ to $3.976
Diesel rose for the 17th time 18 weeks, gaining 4.4 cents to a national average $3.976 per gallon, while gasoline jumped almost 9 cents, the Department of Energy said.
April 5, 2011Pacer Appoints Freight Forwarding CEO
Pacer International said it has appointed Daniel Gardner to lead its international business unit.
April 5, 2011Oil Continues Gains, Tops $108 a Barrel
Oil closed at more than $108 a barrel Monday, its highest level in 30 months, as Libyan fighting centered near a key Mediterranean oil port, Bloomberg reported.
April 4, 2011Ohio Turnpike’s 70-mph Speed Limit Takes Effect
The new 70-mile-per-hour speed limit on the Ohio Turnpike, which the state’s trucking industry opposes, has taken effect, the Associated Press reported.
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