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.
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July 3, 2007European 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, 2007Diesel 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, 2007CVSA 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, 2007Letters 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, 2007ISM 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, 2007KonaWare Upgrades Software
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, 2007L.A., Long Beach Delay Plan for Port Drayage Trucks
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