Business
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.
Oil Steady as Hurricane Dean Bypasses Most Gulf Platforms
Crude oil prices were little changed Tuesday as Hurricane Dean bypassed most U.S. oil platforms and refineries in the Gulf of Mexico, Bloomberg reported.
August 21, 2007Menlo Wins $1.6 Billion DoD Contract
Con-way Inc.’s third-party logistics unit Menlo Worldwide has been selected as the prime contractor for the U.S. Defense Department’s Defense Transportation Coordination Initiative.
August 20, 2007ALK Releases Updated FleetSuite Package
Mapping software firm ALK Technologies said it has released the 21st annual upgrade of its fleet-management software package, FleetSuite.
August 20, 2007July Leading Economic Indicators Gain 0.4%
An index of leading economic indicators improved in July, the New York-based Conference Board said Monday.
August 20, 2007Eaton Starts Production of Truck Hybrid System
KALAMAZOO, Mich. — Truck drivetrain manufacturer Eaton Corp. said its electric-diesel hybrid system for medium-duty trucks is now in commercial production and that it would produce heavy-duty hybrids in a few years.
August 20, 2007DHS Admits Computers Were Hacked
The Department of Homeland Security, the lead U.S. agency for fighting cyber threats, suffered more than 800 hacker break-ins, virus outbreaks and other computer security problems over two years, senior officials acknowledged to Congress, the Associated Press reported.
August 20, 2007YRC Names Bruffett Finance Chief
Less-than-truckload carrier YRC Worldwide said Monday it named Stephen Bruffett its chief financial officer, replacing Don Barger, who is retiring, effective Sept. 1.
August 20, 2007Midwest Storms Flood Roads, Bridges
Severe thunderstorms that dropped up to a foot of rain in the upper Midwest over the weekend washed out roads and bridges and killed five people stranded in their cars in Minnesota, the Associated Press reported.
August 20, 2007iTECH: ‘TCP/IP’ for In-Cab High-Speed Wireless
The most common way of delivering data from truck telematics involves the system vendor storing, and probably massaging, the information, which the customer accesses through a secure Web site.
August 20, 2007Menlo Wins $1.6 Bln. DoD Contract
Con-way Inc.’s third-party logistics unit Menlo Worldwide has been selected as the prime contractor for the U.S. Defense Department’s Defense Transportation Coordination Initiative.
August 20, 2007