The Environmental Protection Agency announced a new project Wednesday to develop and test a new technology on large equipment used to move goods from ships to trucks.
September 5, 2007Trucking 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.
CP Buys Midwest Railroad for $1.5 Billion
Canadian Pacific Railway said it has reached an agreement to acquire Dakota, Minnesota & Eastern Railroad Corp. for $1.48 billion.
September 5, 2007Diesel Rises 3瞽 to $2.893; Gas Jumps 4.7瞽 to $2.796
The average national retail price of diesel climbed 3 cents to $2.893 a gallon, the Department of Energy said Tuesday.
September 5, 2007FMCSA Submits Court-Ordered Guidelines for Driver Training
The Federal Motor Carrier Safety Administration has sent its court-ordered revision of new-driver training guidelines to the White House Office of Management and Budget, and trucking industry and safety officials said they hoped the agency would publish the new rule before the end of the year.
September 5, 2007Feds Propose Rail Brake Rule
Federal rail regulators are backing a technological change that will enable trains to stop more quickly while permitting them to travel longer distances between required brake tests, the Associated Press reported Tuesday.
September 5, 2007Ryder to Manage China Operations for Italian Firm
An Italian manufacturer chose Ryder System to manage its supply chain operations in China, Ryder said late Tuesday.
September 5, 2007Opinion: HOS Safety Benefits Hang in the Balance
A court decision vacating two aspects of the regulations that determine the work hours of professional truck drivers could erase a rule that contributed to a 4.7% decline in large-truck-related crash deaths in 2006 unless cooler heads prevail.
September 5, 2007Letters to the Editor: Hours of Service (Contd.)
On the front page of the July 30 issue of Transport Topics, there was an article titled, NHTSA Revises 06 Deaths Down to Lowest Total Since 2002. On the same front page, there was another article titled, Court Rejects HOS Rule. Does anyone in the government read their own reports?
September 5, 2007Berkshire May Boost BNSF Stake to 25%
Billionaire investor Warren Buffetts investment company, Berkshire Hathaway, may boost its freight rail line Burlington Northern Santa Fe Corp. to 25%, the Associated Press reported.
September 5, 2007ISM Factory Index Drops for August
The Institute for Supply Managements manufacturing index declined last month, ISM said Tuesday.
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