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.
Nardelli 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, 2007Trailer Bridge's Losses Narrow in Q2
Trailer Bridge Inc. said Monday it lost $1.9 million or 16 cents a share in the second quarter, compared with a loss of $9 million or 76 cents a year ago.
August 6, 2007Penske to Manage European Supply Chain for Bombardier
Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.
August 6, 2007N.C. Highway Use Tax Hike Fails to Pass
North Carolina legislators have adjourned without passing a proposed increase in the state’s highway use tax, the Truck Rental and Leasing Association said.
August 6, 2007Hub International Acquires Two Trucking Insurers
Hub International Transportation Insurance Services has acquired two San Antonio-based insurance brokers that provide coverage to the trucking industry, the company said Monday.
August 6, 2007June Tonnage Falls 3.4%
Freight volumes fell in June from year-ago levels for the 11th time in 12 months, American Trucking Associations reported last week, even though second-quarter U.S. economic activity rebounded nicely over the disappointing first quarter.
August 6, 2007Bridge Collapse Points to Need For Road Funds, Officials Say
The catastrophic collapse of the Interstate 35 bridge in Minneapolis last week underscores the need for increased funding for U.S. infrastructure, several transportation officials said.
August 6, 2007Opponents Spar Over Impact of Appeals Court’s HOS Ruling
Officials on both sides of the debate over revising work rules for commercial drivers presented markedly different interpretations of a recent federal appeals court’s ruling striking down portions of the new plan.
August 6, 2007UPS, BNSF Cooperate to Speed Shipments By Loading Trailers on Flatcars Near Chicago
More than a million packages a day in metropolitan Chicago have an ideal commute. They roll through the back gate of the UPS Inc. facility here and into the Burlington Northern Santa Fe rail yard next door — without traveling on a public street — so they can catch a train for such places as Kansas City, Denver or California.
August 6, 2007Trending
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