APM Terminals Virginia opened its new $450 million, 291-acre container terminal Friday in Portsmouth, Va., the company said.
September 10, 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.
Schneider Unit Buys Chinese Logistics Firm
Schneider National unit Schneider Logistics (Tianjin) Co. said Monday it has purchased the operating assets of Chinese firm BaoYun Logistics.
September 10, 2007Mexican Trucks Move Past Border Zone
Mexican trucks delivered goods beyond a border region of the U.S. for the first time this weekend, under a test program by the two governments, Bloomberg reported Sunday.
September 10, 2007ArvinMeritor to Close Two North American Plants
Trucking and auto component maker ArvinMeritor said late Friday it will close two shock-absorber factories and cut 700 jobs.
September 10, 2007Judge Dismisses Navistar’s Engine Suit Against Ford
Ford Motor Co. said an Illinois judge dismissed a lawsuit by Navistar International Corp. over diesel engines Navistar supplies for Ford’s pickup trucks, Bloomberg reported.
September 10, 2007Canada Studies Engine Governors
Canada’s federal, provincial and territorial governments are jointly studying the idea of requiring speed limiters on heavy-duty trucks, the Associated Press reported. The governors would prevent the truck from exceeding about 65 mph.
September 10, 2007Menlo to Buy Chinese Logistics Firm
Con-way Inc.’s logistics unit Menlo Worldwide said Sunday it signed an agreement to purchase the privately held parent company of a Chinese logistics firm for $60 million.
September 10, 2007Opinion: The Web as the Great Equalizer
In the transportation industry, every trucking company, large or small, does essentially the same thing: Pick up and deliver. So how can smaller carriers compete against larger ones and distinguish themselves from one another?
September 10, 2007Growth of Class 8 Fleet Slows After Pre-Buy, Cooling Economy
Expansion of the U.S. Class 8 truck fleet is slowing as carriers continue to put off new truck purchases and demand for freight hauling remains soft, according to a new report by research firm R.L. Polk & Co.
September 10, 2007UPS, Teamsters Return to Table
UPS Inc. and the Teamsters union returned to the bargaining table Sept. 5 after an eight-week hiatus for what could be a sprint to a new labor contract by month’s end —10 months before the current six-year contract expires.
September 10, 2007Trending
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