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Fed Minutes Show Interest Hikes May be Nearing End
The Federal Reserve said the end of their interest-rate hikes was likely to be near, while citing the need to keep guard against inflation, according to the minutes of the Federal Open Market Committees March 27-28 meeting, released Tuesday.
April 18, 2006Carriers Must Separate Diesel by Sulfur Content, EPA Says
Beginning June 1, trucking companies that use in-house central refueling facilities will be required to label their diesel pumps as either ultra-low-sulfur diesel or low-sulfur diesel, said the Environmental Protection Agency.
April 17, 2006J.B. Hunt Reports Record First-Quarter Income
Truckload carrier J.B. Hunt Transport Services earned a record $49 million or 31 cents a share, up from $47 million or 29 cents a year ago.
April 17, 2006Eaton Reports Higher First-Quarter Profit
Vehicle parts maker Eaton Corp. said Monday its first-quarter net income rose to $208 million or $1.36 a share, from $187 million or $1.19 a year earlier.
April 17, 2006American Road Lines to Buy Kansas City Trucking Firm
American Road Lines has reached a preliminary agreement to buy Pro-Fleet Transportation & Logistics, the Kansas City Star reported Saturday.
April 17, 2006FMCSA: In-Motion Alignment Can Improve Factory Settings
A Federal Motor Carrier Safety Administration study found that static commercial vehicle alignment procedures and settings performed by truck original equipment manufacturers and fleets in the field may not be optimal under moving conditions.
April 17, 2006Technology Briefs April 11 - April 17
TransCore Signs Agreement With TripPak McLeod Adds New Feature to LoadMaster Xata Names Schlick First Chief Operating Officer
April 17, 2006New York Manufacturing Index Declines
Manufacturing growth slowed in New York state in April, the Federal Reserve Bank of New York reported Monday.
April 17, 2006DHL Boosting Investment in China
DHL Worldwide Express will invest $24 million in China to build the headquarters for its operations there, Bloomberg reported Monday.
April 17, 2006Wal-Mart Seeks to Trim Inventory
Wal-Mart Stores is telling its suppliers it plans to buy less products in an effort to keep its inventory lean, Bloomberg reported Monday.
April 17, 2006