Business

About 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.

Business, Safety, Government

TTNews to Close Friday for July 4 Holiday

Transport Topics Online will be closed Friday for the July 4 holiday. Please check back on Monday, July 7, for the latest trucking and freight transportation news.

July 3, 2007
Business

European Regulators OK Chrysler Sale

European Union regulators have approved private-equity firm Cerberus Capital Management’s plan to buy DaimlerChrysler’s Chrysler division for $7.5 billion, Bloomberg reported Tuesday.

July 3, 2007
Fuel, Business, Government

Diesel Dips 0.6¢ to $2.829

The average retail price of U.S. diesel fuel fell 0.6 cent to $2.829 a gallon, the Department of Energy said Monday.

July 3, 2007
Government, Business, Safety

CVSA Releases Roadcheck Results

The Commercial Vehicle Safety Alliance released results from its Roadcheck 2007 truck safety inspection program held last month, citing higher levels of hours of service violations but improvements in safety belt use among drivers.

July 2, 2007
Business, Safety, Government

Letters to the Editor: Hours of Service, Hypermiling, EOBRs

The critics of a nonsynchronized hours-of-service application tend to be somewhat too closely affiliated with the providers of onboard solutions.

July 2, 2007
Business, Safety, Government

ISM Factory Index Rises in June

The Institute for Supply Management’s manufacturing index rose at the fastest pace in 14 months, ISM said Monday.

July 2, 2007
Business

KonaWare Upgrades Software

July 2, 2007
Government, Business

Clarification: Werner Gains C-TPAT Validation

Truckload carrier Werner Enterprises said late Monday it has become a validated member in the Customs-Trade Partnership Against Terrorism, or C-TPAT, federal cross-border trade program.

July 2, 2007
Business

Daimler to Delay 2Q Earnings Report

DaimlerChrysler will delay its full second-quarter earnings report by a month this summer due to the company’s pending sale of its Chrysler unit, Bloomberg reported Monday.

July 2, 2007