TMW Acquires Innovative Computing Corp.
TMW Systems last week acquired Innovative Computing Corp., combining two of the best-known names in the marketplace and expanding the reach of the largest provider of fleet-management software.
December 7, 2009DOT Must Work With Congress on Funding Plan, Report Says
The Department of Transportation’s inspector general said the federal agency needs to work with Congress to develop a plan to fund the nation’s surface transportation network.
December 7, 2009Betancourt Begins Venture After Departing Innovative
Ernie Betancourt, until recently the president of Innovative Computing Corp., has parted ways with the country’s oldest provider of trucking software but not with the trucking industry.
December 7, 2009Oberstar Wants Road Funds Included in Jobs Legislation
WASHINGTON — Rep. James Oberstar (D-Minn.), the chairman of the Transportation and Infrastructure Committee, said he was crafting an infrastructure jobs program to supplement federal stimulus efforts.
December 7, 2009Diesel Declines 1.2¢ to $2.775
The average price of U.S. retail dipped 1.2 cents to $2.775 a gallon last week, the fourth straight decline. The fuel, however, remains just 3.3 cents below the high for the year, the Department of Energy reported.
December 7, 2009Oil Falls to Seven-Week Low Below $76 a Barrel
Oil fell almost $1 to a seven-week low of less than $76 a barrel Friday as the dollar surged on an unexpected drop in the U.S. unemployment rate, Bloomberg reported.
December 4, 2009Infrastructure Key to Economy, Trucking Executive Tells Obama
Investing in highway infrastructure is the quickest, most efficient way to create jobs and restore the economy, former American Trucking Associations Chairman Charles “Shorty” Whittington told President Obama at this week's White House jobs summit.
December 4, 2009Unemployment Rate Slips to 10% in November
The U.S. unemployment rate fell to 10% in November, from 10.2% in October, the Labor Department said Friday.
December 4, 2009Factory Orders Rise for Sixth Time in Seven Months
U.S. factory orders rose for the sixth time in seven months in October, the Commerce Department said Friday.
December 4, 2009FedEx Ground to Raise 2010 Rates by 4.9%
FedEx Corp. said late Thursday it will raise its standard list rates for its FedEx Ground and FedEx Home Delivery units by an average of 4.9%, effective Jan. 4.
December 4, 2009