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News Briefs - Dec. 14

DHL Selects New Hub in California • Trade Deficit Rises to Record, Commerce Says • Schneider Raising Pay for Truck Driver in 2005 • USF Holland Opens New Terminals • And more...

December 14, 2004

Congress Must Start Over on Highway Funding Bill

Congress did not pass legislation authorizing new multi-year transportation spending before it adjourned last week, so the 109th Congress will have to start over with the measure after it convenes in January, congressional committee staff members said.

December 14, 2004

Fed Raises Interest Rates to 2.25%

The Federal Reserve on Tuesday unanimously raised the benchmark U.S. interest rate a quarter-point to 2.25%, the highest since November 2001, and again said it would carry out additional increases at a "measured" pace.

December 14, 2004

Letter to the Editor: Double Standards

Click here to write a Letter to the Editor. truly understand the frustration of drivers and transportation companies concerning the double standards for automobiles and commercial vehicles. My husband and I were once owner-operators and I have seen the hazardous mistakes that automobile drivers commit.

December 14, 2004

Roper Completes Purchase of TransCore

Roper Industries Inc. said it completed the acquisition of TransCore Holdings Inc. In October, Roper said would buy TransCore from an investor group led by KRG Capital Partners LLC for about $600 million.

December 14, 2004

Editorial: In Praise of Secretary Mineta

Click here to write a Letter to the Editor.We’re pleased that President Bush last week asked Norman Mineta to remain as secretary of transportation, as the president prepared for his second term in office. And we’re delighted that Mineta has accepted.

December 13, 2004

EPA's Leavitt Nominated as Health Secretary

President Bush on Monday selected Environmental Protection Agency chief Michael Leavitt to be secretary of the Department of Health and Human Services..

December 13, 2004

Retail Sales Rise 0.1% in November

Sales at retailers rose 0.1% to $344.4 billion in November, the Commerce Department reported Monday.

December 13, 2004

States to Delay Diesel Lubrication Standards

Many states that use ASTM International guidelines have decided to delay implementation of a ruling that would require, effective Jan. 1, a minimum amount of lubricating qualities in diesel fuel, industry officials said.

December 13, 2004

Technology Briefs - Dec. 7 - Dec. 13

Report Warns of ULSD Supply Disruptions • Automakers Sue Over California Emission Rules • Iteris Lists Common Stock on American Stock Exchange • Experts Urge U.S. to Increase Computer Security

December 13, 2004