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Navistar Says ’06 Earnings Will Exceed Forecasts
Truck and engine manufacturer Navistar International Corp. said Wednesday that its 2006 earnings will exceed analysts’ forecasts.
May 10, 2006DOE Raises Cost Estimates for Fuel, Crude Oil
Gasoline prices this summer will average about $2.71 a gallon, while diesel fuel is projected to average $2.70 this year, the Energy Information Administration said Tuesday.
May 10, 2006FMCSA Proposes to Change SafeStat Fleet-Rating Formula
The Federal Motor Carrier Safety Administration proposed changing the formula that it uses to run its SafeStat carrier rating system, alterations that may change the fleets identified as posing a crash risk.
May 10, 2006Editorial: Size and Weight — The New Urgency
In the past week we heard two voices speaking out on the pressing need for greater vehicle productivity in trucking in order to sustain growth of freight transportation into the future.
May 10, 2006Letter to the Editor: I-81 Toll Fight
Once again, Transport Topics, American Trucking Associations and the Virginia Trucking Association have blasted the idea of charging toll for trucks in Virginia on Interstate 81.
May 10, 2006Fed Hikes Interest Rate a Quarter-Point to 5%
The Federal Reserve voted unanimously on Wednesday to raise the benchmark U.S. interest rate a quarter-point to 5%.
May 10, 2006TSA Releases Transport Worker ‘TWIC’ Card Details
The Transportation Security Administration said Wednesday it has approved regulations in the next phase of the Transportation Worker Identification Credential, or TWIC, program, set to collect information on transportation workers.
May 10, 2006Security & Safety Briefs — May 4 - May 10
Private Truck Group Cites ‘Void’ at FMCSA • Fla. Gov. Declares Emergency on Fires; I-95 Reopens • FHWA Issues Size, Weight Proposals • FMCSA Withdraws Rail-Crossing Rule • And more . . .
May 10, 2006Diesel Climbs 0.1 Cent to $2.897; Gasoline Dips a Penny
The national average price of diesel fuel edged up 0.1 cent to $2.897 a gallon, though the price continued to soar on the West Coast, the Department of Energy reported Monday.
May 9, 2006UPS to Expand Chicago-Area Air Hub Capacity
UPS Inc. said late Monday it will begin a $25 million expansion of its air package hub in near Chicago later this month that will increase sorting capacity there by about 50%.
May 9, 2006