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Producer Price Index Climbs 1.9% in September

Click here to write a Letter to the Editor. he U.S. producer price index rose 1.9% in September, while prices excluding food and energy climbed 0.3%, the Labor Department said Tuesday. It was the biggest monthly increase in 15 years.

October 18, 2005

Greenspan Says High Oil Prices May Last

Click here to write a Letter to the Editor. hile the current surge in oil prices may last, it is likely to prove significantly less consequential to economic growth and inflation than the surge in the 1970s, Federal Reserve Chairman Alan Greenspan said Tuesday in a speech to Japanese business executives in Tokyo.

October 18, 2005

Cooper Tire Withdraws Guidance, Cites Higher Costs

Click here to write a Letter to the Editor. ooper Tire & Rubber Co. withdrew its third-quarter earnings guidance on Tuesday, citing softer demand in the replacement-tire market and higher raw materials costs.

October 18, 2005

FedEx Sets New Temperature-Controlled Air Service

Click here to write a Letter to the Editor. edEx Corp. unit FedEx Custom Critical said Tuesday that it was offering temperature-sensitive air-freight shipments with a system called Temp-Assure Validated Air.

October 18, 2005

Groups Begin Campaign to Tighten Hours Rules

Click here to write a Letter to the Editor. ASHINGTON — Two citizens groups that advocate tighter regulation of trucking told reporters Monday that Congress should not write the driver hours-of-service regulations into law and renewed their call for the Department of Transportation to rewrite the rules with a lower maximum driving time.

October 18, 2005

Wilma Becomes a Hurricane; May Avoid Gulf Oil Region

Crude oil and gasoline prices fell Tuesday as forecasts showed that Hurricane Wilma — upgraded from a tropical storm on Tuesday — will move toward Florida, missing production platforms that are concentrated along the Louisiana and Texas coasts, Bloomberg reported.

October 18, 2005

Eaton's Third-Quarter Profit Rises

Click here to write a Letter to the Editor. ehicle parts maker Eaton Corp. said Monday its third-quarter profit rose 17% from the same quarter last year, amid strong demand for truck parts and electrical products.

October 17, 2005

New York Manufacturing Index Declines in October

Click here to write a Letter to the Editor. anufacturing growth in New York state declined in October, according to a monthly survey by the Federal Reserve Bank of New York released Monday.

October 17, 2005

C.H. Robinson Sets Two-for-One Stock Split

Logistics firm C.H. Robinson Worldwide said Monday that its shareholders had approved a two-for-one stock split, effective last Friday.

October 17, 2005

Bill Offers Fleets Idle-Reduction Tax Credit

Click here to write a Letter to the Editor. egislation introduced in the U.S. House of Representatives Oct. 6 would give tax credits of up to $3,500 per truck to fleets that install idle-reduction equipment to decrease emissions and fuel consumption.

October 17, 2005