The Department of Transportations freight transportation services index for November fell 6.8% from a year ago but showed a slight increase from October.
January 13, 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.
Transport Activity Improving Slightly, Fed Says
The U.S. economy continued to improve modestly from mid-November to early January and conditions have improved for transportation, but economic activity remained low, the Federal Reserve said Wednesday.
January 13, 2010DOT Freight Index Slips in November
Cat Lift Trucks Adds Products For 2010
Cat Lift Trucks said that it has added five new electric counterbalanced and internal combustion pneumatic lift truck families to its current product lineup in the United States, Canada and Mexico.
January 13, 2010Navistar Picks New Vendor to Transport Vehicles
Navistar Inc. has shifted the vehicle delivery contract for its Springfield, Ohio, plant to Truck Movers.com after a contract with Auto Truck Transport, another haulaway carrier, expired, a Navistar spokesman said.
January 13, 2010ThermaFreeze Offers New Refrigerant
ThermaFreeze Products Corp., maker of patented dry gel refrigerant products for use in preserving food and other perishables, including in commercial transport, said it has begun distributing its products to major retailers.
January 13, 2010South Korean Firm to Supply Eaton With Battery Packs
South Korean chemicals producer LG Chem Ltd. agreed to supply lithium-ion battery packs to Eaton Corp., the U.S. maker of commercial vehicle parts, Bloomberg reported.
January 13, 2010Oil Slips Below $80 a Barrel
Oil fell to below $80 a barrel for the first time this month in early trading Wednesday as analysts said U.S. supplies were likely improving, Bloomberg reported.
January 13, 2010LaHood Announces New Group to Fight Distracted Driving
Secretary of Transportation Ray LaHood announced Tuesday the creation of FocusDriven, an organization dedicated to fighting distracted driving.
January 12, 2010Opinion: Women in the Trucking Industry
A friend once told me to lead from a position of strength. This helpful piece of advice is a reminder that people dont want to follow negativity especially in these turbulent times. They want leaders who can offer them something positive.
January 12, 2010Ferro Hopes for Variety of Perspectives on HOS Rule
WASHINGTON Anne Ferro, head of the Federal Motor Carrier Safety Administration, told Transport Topics she hoped the agency will get a variety of points of view during its upcoming public hearings on hours-of-service.
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