Freight railroad BNSF Railway Co. is parking miles of rail cars in some parts of the country because there is not enough freight to keep them moving, the Associated Press reported Monday.
April 7, 2008Trucking 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.
OEMs Tout 2010 Engine Choices; Analyst Sees Reshaped Industry
LOUISVILLE, Ky. — As competing engine makers continued their public battle over the best technology for meeting 2010 federal emission standards, analysts said the outcome of the competition could dramatically transform the industry.
April 8, 2008Nissan to Build Commercial Trucks in Mississippi
Nissan Motor Co. will spend $118 million to convert an underused Mississippi truck plant and build its first commercial vehicles in the United States, Bloomberg reported.
April 8, 2008MAN Seeks to Expand Trucks Division, International Sales
German truck maker MAN AG plans to expand its commercial-vehicles division as it seeks to make more international sales, Bloomberg reported Tuesday.
April 8, 2008Celadon Gets Top Score in EPA SmartWay Program
Truckload carrier Celadon Trucking Services said it earned the top score awarded by the U.S. Environmental Protection Agency for freight carriers that participating in EPA’s SmartWay Transport Partnership.
April 8, 2008Quality Distribution Alters Liability Coverage
Bulk and tanker carrier Quality Distribution Inc., Jacksonville, Fla., said it purchased an insurance policy to cover all accident liability claims between $2 million and $5 million.
April 7, 2008ISM Contraction May Indicate Trucking Upturn, Analyst Says
Last week’s Institute of Supply Management report that showed continued contraction may actually be good for the trucking industry’s outlook, according to an industry analyst, the Associated Press reported.
April 7, 2008Norfolk Southern to Take 1Q Charge on Accident Settlement
Eastern freight rail line Norfolk Southern Corp. said Monday it will take a first-quarter charge of 2 cents per share, related to settlement of an accident claim.
April 7, 2008Editorial: Picking an Engine Technology
As we move closer to the next federal mandate on emissions — which comes into force for 2010-model heavy-duty trucks — proponents of the two competing technologies are beginning to publicly argue over the superiority of their choices.
April 7, 2008BNSF Idles Freight Cars Due to Downturn
Volvo Says Engines Can Meet Idling Rule
Volvo Trucks North America said its heavy-duty engines can now be equipped with an option to meet California’s anti-idling restrictions.
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