FedEx Corp. said Friday it will raise its net average shipping rate for FedEx Express next year by 4.9%.
October 26, 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.
UAW Approves Chrysler Contract
The United Auto Workers narrowly approved a proposed contract with Chrysler LLC, Bloomberg reported.
October 29, 2007Trucking Faces Challenges, ATA Says
ORLANDO, Fla. — Trucking executives going through a recession in their industry heard predictions that more hard times for them lay ahead in politics and the economy, but remained optimistic and prepared to take an active role in shaping their future.
October 29, 2007ATA to Push Climate Initiative
ORLANDO, Fla. — Executives with American Trucking Associations endorsed a program aimed at tying several key trucking-industry issues to growing political concern about global warming.
October 29, 2007Kuntz Increases Drumbeat for More Road Funding
ORLANDO, Fla. — Four months into his term as chairman of American Trucking Associations, Ray Kuntz said the nation’s inadequate highway infrastructure is worse than he had thought and that long-term highway leases to private companies are not a solution.
October 29, 2007Graves Urges Industry to Lead on Warming, Highway Issues
ORLANDO, Fla. — ATA President Bill Graves challenged industry leaders to move aggressively to lead the national debate on climate change, linking truck emission reductions to higher fuel consumption and the need for greater trucking productivity to alleviate congestion.
October 29, 2007Kansas City Southern’s 3Q Earnings Rise
Kansas City Southern railroad said its third-quarter earnings jumped 58%, as it handled more autos, coal and chemicals.
October 26, 2007September Truck Tonnage Declines 2.3%, ATA Says
American Trucking Associations’ seasonally adjusted for-hire truck tonnage index for September declined 2.3% from a year ago, ATA said.
October 26, 2007Saia’s Third-Quarter Profit Falls
Saia Inc. said Friday its third-quarter net income fell 23% from a year ago, to $5.9 million or 43 cents a share, from $7.7 million or 52 cents a year ago.
October 26, 2007Arkansas Best’s 3Q Income Drops
Arkansas Best Corp. said Friday its third-quarter net income fell 40% due to lower freight levels and higher costs.
October 26, 2007Trending
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