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Security & Safety Briefs — November 23 - November 29

Arrest Made in DOT Laptop Theft Case • Ontario Transportation Minister Supports Speed Limiters, Says New HOS Rules Will Roll Out as Planned • Road Safe America to Promote Drive Safer Sunday at University of Georgia

November 22, 2006

Consumer Sentiment Slips in November

The University of Michigan said Wednesday its index of consumer sentiment for November fell to 92.1 from 93.6.

November 22, 2006

Initial Jobless Claims Rise 12,000 for Week

First-time U.S. jobless claims rose 12,000 last week to 321,000, the Labor Department said Wednesday.

November 22, 2006

Transportation Construction Reaches Record Levels in 2006

The total value of construction performed on transportation projects is expected to hit a record $106 billion in 2006, up from $92 billion in 2005, according to the American Road & Transportation Builders Association.

November 22, 2006

Caterpillar Medium Duty Engine Certified to EPA ’07 Standard

Diesel engine manufacturer Caterpillar said Wednesday the Environmental Protection Agency has certified the company’s medium-duty C7 diesel engine to its 2007 emission standard.

November 22, 2006

Diesel Average Rises 0.1 Cent to $2.553 a Gallon

Diesel fuel's national average pump price edged up 0.1 cent to $2.553 a gallon, the Energy Department said Monday.

November 21, 2006

Descartes Systems Group to Acquire Cube Route

Logistics software and service provider Descartes Systems Group on Tuesday announced it signed an agreement to acquire Cube Route, a provider of pay-as-you-go logistics management services.

November 21, 2006

Arves Named CEO of Transport Corp. of America

Truckload carrier Transport Corp. of America on Monday named Scott Arves its new chief executive officer, effective Jan. 1.

November 21, 2006

UPS to Finance Heavy Air Freight Center With Airport Bond Offering

UPS Inc. will guarantee $42.6 million of Louisville Regional Airport Authority Special Facilities Revenue Bonds and use the proceeds to build a new terminal at the airport for handling heavy freight.

November 21, 2006

Volvo Truck Deliveries Through October Rise

Volvo Group's total truck deliveries increased 3% through October, the truck maker said Tuesday, led by a 9% gain at its Renault Trucks company.

November 21, 2006