Navistar International Corp. has received a $2.5 million state tax credit to build an engineering center in Michigan for armored truck production, Bloomberg reported Tuesday.
September 14, 2010Trucking 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.
Industrial Production Slows in August
Industrial production rose 0.2% in August, following a bigger gain in July, the Federal Reserve said Wednesday.
September 15, 2010Penske Logistics President to Retire
Penske Logistics President Vincent Hartnett will retire and be replaced by Marc Althen, the company said Wednesday.
September 15, 2010New York Manufacturing Index Expansion Slows
Manufacturing activity in the New York region expanded in September at the lowest rate in more than a year, the Federal Reserve Bank of New York said Wednesday.
September 15, 2010Wait Times Fall at So. Calif. Ports
Container pick-up turn times for drayage operators at the Ports of Los Angeles and Long Beach are improving due to additional gate openings, increased staff and flex lunch hour shifts, motor carriers and terminal operators said Monday.Â
September 14, 2010Virginia May Privatize for Road Funding, Building
Virginia Gov. Bob McDonnell (R) is proceeding with privatization plans in two transportation areas, funding the system and building a new toll road.
September 14, 2010NJ Lawmakers May Raise Fines for Cell Phone Use
The fine for texting or talking on a cell phone could become as high as $500 in New Jersey under a bill approved Monday by the Senate Law and Public Safety Committee.
September 14, 2010Groups Pushing for Larger Trucks to Merge
Two groups pushing for liberalization of federal truck size and weight limits - the Coalition for Transportation Productivity and Americans for Safe and Efficient Transportation announced Monday that they will merge into one, larger organization.
September 14, 2010DOT Sets Agenda for Distracted Driving Summit
The Department of Transportation has announced the agenda for its second Distracted Driving Summit, scheduled for Sept. 21 in Washington.
September 14, 2010Business Inventories Increase 1% in July
Business inventories rose 1% in July, the fastest pace in two years, the Commerce Department said Tuesday.
September 14, 2010Trending
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