Trucking 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.
Second-Quarter Productivity Rises 1.8%
Second-quarter U.S. worker productivity rose 1.8%, the Labor Department said Tuesday.
August 7, 2007Goodyear Appoints Schmitz CFO
Goodyear Tire and Rubber Co., Akron, Ohio, said Tuesday it appointed Mark Schmitz its new chief financial officer.
August 7, 2007Postal Service Reports Results for Fiscal 3Q
Priority and express volumes at U.S. Postal Service declined during the organization’s fiscal third quarter, while parcel post shipments increased slightly, the postal service said.
August 7, 2007Senate Panel Gives EPA October Deadline to Rule on Calif. Carbon Emissions Request
Just weeks after Environmental Protection Agency Administrator Stephen Johnson said he would delay ruling on California’s nearly 2-year-old request for approval to limit vehicle emissions of greenhouse gases until the end of the year, a Senate committee passed a bill directing him to decide by October.
August 7, 2007Kenworth Delivers First Hybrid Truck
30Truck manufacturer Kenworth Truck Co., Kirkland, Wash., on Monday announced it had delivered its first hybrid-electric truck to a U.S. customer.
August 7, 2007Telargo to Provide Telematics System for LeasePlan USA
Fleet management services firm Telargo Inc. said Monday it will provide telematics systems for vehicle leasing company LeasePlan USA, Alpharetta, Georgia.
August 7, 2007Wright Express' Earnings Improve in Q2
Wright Express, which provides payment processing and information management services to the trucking industry, reported Tuesday it earned $18.3 million, or 45 cents a share in the second quarter, compared with $9.9 million or 24 cents in 2006.
August 7, 2007Pattullo Joins Ceva as CEO
Ceva Logistics, which last Thursday completed its acquisition of Houston-based EGL Inc., said John Pattullo has joined the company as its new chief executive officer.
August 6, 2007Nardelli to Lead Chrysler
Chrysler LLC, the U.S. automobile manufacturing unit of Daimlerchrysler, has appointed Jeff Nardelli as its chief executive officer, Bloomberg News reported Monday.
August 6, 2007Cooper Tire's 2Q Income Improves
Cooper Tire and Rubber Co. said Monday its net income rose to $17.6 million or 28 cents a share, compared with a net loss of $21 million or 34 cents a share a year ago.
August 6, 2007Follow Us
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