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Technology Briefs - July 6 - July 11
SmarTire Gets Backing for Expansion • RFID Systems Are New Tools for Storage Management • Schneider Names New CIO
July 11, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
UPS Adds More Than 7,000 Early-Delivery Zip Codes
UPS Inc. said Monday it has expanded its U.S. early morning delivery territory by more than 7,200 new Zip codes.
July 11, 2005Volvo, Commercial Vehicle Group Enter Into Development Partnership
Commercial Vehicle Group Inc. said Thursday it had entered into a partnership with Volvo to build a seating platform for commercial trucks.
July 8, 2005Wholesale Inventories Rose 0.1% in May, Sales Remain Flat
Inventories at U.S. wholesalers rose 0.1% in May, the Commerce Department said Friday, the 16th straight rise in stockpiles.
July 8, 2005Economic Leaders Say High Oil Prices May Hurt Growth
Leaders gathered for the G-8 summit in Scotland said that high oil prices pose a threat to economic growth, Bloomberg News reported.
July 8, 2005U.S. Unemployment Drops to 5%, Lowest Since Sept. ‘01
The number of unemployed in the United States fell in June as employers hired 146,000 workers, the Labor Department said Friday, pushing the overall unemployment rate down to 5%, its lowest in nearly four years.
July 8, 2005Hurricane Dennis Strengthens in Carribbean, Tracking Toward Gulf Coast
Hurricane Dennis strengthened into a Category 4 storm on the five-step scale used to measure such systems, the most powerful hurricane on record this early in the season, Bloomberg News reported Friday.
July 8, 2005Intermodal Rail Traffic Rose 4% in June
The amount of freight hauled by intermodal rail cars rose 4% in June, according to a report by the Association of American Railroads.
July 8, 2005Government Probing Deloitte's Audit of Navistar
The Public Company Accounting Oversight Board, a regulatory agency created by the Sarbanes-Oxley Act of 2002, is investigating Deloitte & Touche’s audit of truck and engine manufacturer Navistar International, Bloomberg News reported Friday.
July 8, 2005Eaton to Buy Haywood Industries’ Filter Unit
Eaton Corp. said Friday it had agreed to buy the industrial filtration unit of Haywood Industries Inc. for an undisclosed sum.
July 8, 2005