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.
Letter to the Editor: Hours-of-Service Ruling
Personal Spending Rises 0.1% in June
Consumer personal spending edged up 0.1% in June, the Commerce Department said Tuesday.
July 31, 2007Schneider to Use Oracle Software System
Truckload carrier Schneider National has selected Oracle to supply infrastructure software for its integrated transaction and data enterprise software system, Oracle said Monday.
July 30, 2007IdleAire Announces Plans for IPO
IdleAire Technologies Corp., a manufacturer of anti-idling service technologies, announced plans with the Securities and Exchange Commission to file an initial public offering of its public stock.
July 30, 2007ArvinMeritor Reports $70 Mln. 3Q Loss
Components maker ArvinMeritor Inc. said Monday it took a $70 million loss in its third fiscal quarter, due primarily to weakness in the heavy-duty truck market.
July 30, 2007Senators Demand EPA Issue California Waiver
Bill Sets Rail Hazmat Guidelines
Freight trains carrying hazardous chemicals could be required to avoid downtown Washington, D.C., and other urban areas in favor of rural routes, according to provisions in a security bill pending President Bush’s signature, the Washington Post reported Sunday.
July 30, 2007NYC Congestion Plan Gets Forward Push
New York Gov. Eliot Spitzer (D) late last week signed legislation that could open the door to New York City’s plans for congestion pricing in Manhattan, the New York Times reported.
July 30, 2007N.J. to Enforce Idling Restrictions
Court Rejects Hours-of-Service Rule
A federal appeals court last week struck down key provisions of the government’s latest commercial driver work rules, the second time in three years the court has rejected attempts to rewrite the original, 68-year-old regulations.
July 30, 2007