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Passport Rule Pushed Back to 2008

The Bush administration will delay a rule that Americans must present passports when crossing the U.S. border by land or sea, the Associated Press reported.

June 21, 2007

Xata Gets $6 Million in Funding

Onboard computer maker Xata Corp. said it had received $6 million in new funding from private equity firm Trident Capital.

June 21, 2007

Jobless Claims Rise 10,000 for Week

Initial jobless claims rose by 10,000 last week at 324,000, the Labor Department said Thursday.

June 21, 2007

Oil Falls as Inventories Gain

Crude oil fell back by almost $1 a barrel following an Energy Department report that showed oil inventories jumped much higher than expectations last week, Bloomberg reported.

June 21, 2007

Philadelphia Factory Index Rises in June

Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.

June 21, 2007

Rail, Intermodal Levels Fall

Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said.

June 21, 2007

Daimler, Fiat Set Engine Technology Pact

Europe-based vehicle makers DaimlerChrysler and Fiat have signed an agreement calling for strategic cooperation to provide Daimler’s truck group with engine and powertrain technology from Fiat, the Associated Press reported.

June 20, 2007

Senate Authorizes Lawsuits Against OPEC

The Senate approved legislation late Tuesday that would allow the federal government to sue OPEC oil cartel nations under antitrust laws, Bloomberg reported.

June 20, 2007

ACS Sets Driver Recruitment, Retention Technology

Affiliated Computer Services said it has launched today announced the launch an automated recruitment and retention application for the transportation industry.

June 20, 2007