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.
EGL Gets New Bids; Profit Jumps
EGL Inc. said it received revised proposals from the two bidders attempting to buy the company.
May 15, 2007N.Y. Manufacturing Index Gains
Manufacturing growth in New York rose this month, the Federal Reserve Bank of New York said Tuesday.
May 15, 2007Bush Outlines Emissions-Reduction Plan
President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.
May 14, 2007Paccar Says Engine Plant Will Be Sited in Mississippi
Truck maker Paccar Inc. will site a new $400 million engine facility and technology center in Columbus, Miss.
May 14, 2007Daimler to Sell Chrysler UnitTo Private Firm for $7.4 Bln.
DaimlerChrysler will sell its Chrysler unit to a private-equity firm for $7.4 billion, abandoning a nine-year effort to make the division profitable, Bloomberg reported Monday.
May 14, 2007Court OKs Allied’s Reorg. Plan
Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.
May 14, 2007TMW Cites First-Quarter Upturns
Trucking software provider TMW Systems said it was “pleased” with its first-quarter financial performance and production output.
May 14, 2007Innovative Computing Adds Features
Innovative Computing Corp. added several features to its main transportation package, called Innovative Enterprise Software, the company said.
May 14, 2007Opinion: Certified Techs: An Endangered Species
Fla. Reopens Roads Following Fire
Florida officials reopened parts of two interstates near the Georgia border that were closed over the weekend, but said intermittent closures could continue as wildfire smoke poses a safety hazard, the Associated Press reported.
May 14, 2007