The private-equity parent company of Ceva Group has received a commitment of $2.95 billion in debt financing to fund the buyout of air freight forwarder EGL Inc., Bloomberg reported Tuesday.
June 6, 2007Search
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1Q Productivity Climbs Less Than Originally Reported
First-quarter U.S. worker productivity rose 1%, down from an earlier estimate, the Labor Department said Wednesday.
June 6, 2007Letters to the Editor: Rollover Stats, SafeStat Scores, Hard Braking
These letters appear in the June 4 print edition of Transport Topics. Click here to subscribe today.
June 6, 2007May ISM Services Index Rises
The economy’s service sector growth rate improved in May to the highest level in a year, the Institute for Supply Management said Tuesday.
June 5, 2007Border Measures Boosting Costs
Security measures at the Canada-U.S. border introduced since 9/11 have not slowed the flow of goods into the United States but have added to costs for Canadian companies, according to new report, the Ottawa Citizen newspaper reported.
June 5, 2007Calif. Ports’ Plans Moving Forward Slowly
Plans to move freight more easily and producing less pollution from California’s ports remains a challenge involving a host of local, state and federal agencies, the Pasadena Star News reported.
June 5, 2007California Company Loses Hazmat License
The California Highway Patrol said it revoked the hazardous materials transportation license of Sabek Transportation, the company that owned the tanker truck involved in a collision that destroyed
June 4, 2007FMCSA’s Hill Rejects Criticism of Mexican-Trucks Plan
By Sean McNally, Senior Reporter
June 6, 2007Roadcheck ’07 Wraps Up Thursday
The Commercial Vehicle Safety Alliance’s annual 72-hour Roadcheck truck-inspection blitz wraps up its three-day run on Thursday.
June 6, 2007Factory Orders Increase 0.3%
Factory orders rose 0.3% in April, the Commerce Department said Monday.
June 4, 2007