The number of cross-border truck trips between the Canadian province of Ontario and the United States fell for a third straight year in 2007 to the lowest point since 1998, the Ontario Trucking Association said Monday.
January 14, 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.
Business Inventories Gain in November
Business inventories rose 0.4% in November, the Commerce Department said Tuesday.
January 15, 2008Producer Prices Dip 0.1% in December; Jump 6.3% for Year
Prices paid to U.S. producers dipped 0.1% in December but jumped 6.3% for all of 2007, the most in 26 years, the Labor Department said Tuesday.
January 15, 2008ATA Talks with Chinese Trucking Delegation
American Trucking Associations welcomed a delegation of Chinese trucking officials to its headquarters in Arlington, Va., Monday, where the two talked about international trucking issues in the two countries.
January 15, 2008Retail Sales Fall 0.4% in December
Retail sales fell 0.4% in December, the Commerce Department said Tuesday.
January 15, 2008New York ‘Empire State Index’ Declines
Manufacturing growth in New York state fell to the weakest pace in nine months in January, the Federal Reserve Bank of New York said Tuesday.
January 15, 2008Drivers Reducing Miles from High Fuel Prices, Report Says
U.S. drivers are taking fewer highway trips, slowing down and bidding up the price of more fuel-efficient vehicles in response to a doubling of gasoline prices since 2003, according to a new government report, Bloomberg reported.
January 15, 2008Missouri Closes I-64 for Construction Project
The Missouri Department of Transportation shut down Interstate 64 on Jan. 2 and began the largest construction project in the agency’s history, the Associated Press reported.
January 14, 2008Eaton Deploys Bus Hybrid Systems in China
Parts and engine systems maker Eaton Corp. said Monday that it has formally introduced its first commercially available hybrid power system in China.
January 14, 2008Ontario-U.S. Truck Trips Drop
Ryder Completes Lily Acquisition
Ryder System said Monday it completed its acquisition of Lily Transportation Corp., a trucking company based in Needham, Mass.
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