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Port of New Orleans Reaches Pre-Katrina Level

The Port of New Orleans said it has reached 100% of pre-Hurricane Katrina levels, and that it received approval Thursday to borrow up to $12 million for costs related to Katrina, the Associated Press reported.

February 17, 2006

YRC Lowers Earnings Figures; Will Cut Jobs at Md. Terminal

YRC Worldwide lowered its previously reported earnings for the fourth quarter and 2005, and the company will cut about 200 jobs in Maryland, news reports said.

February 16, 2006

Florida Eases Size, Weight Rules Due to Freeze

Florida has eased some restrictions on trucks to help agricultural producers more quickly transport crops that have impacted by freezing weather, the South Florida Business Journal reported.

February 16, 2006

Import Prices Rise in January, Labor Reports

The price of imported goods rose 1.3% in January, but just 0.2% excluding oil prices, the Labor Department said Thursday.

February 16, 2006

Housing Starts Jump in January

U.S. housing starts rose 15% in January, the biggest jump in 33 years, the Commerce Department reported Thursday.

February 16, 2006

Unemployment Claims Rise for Week

Click here to write a Letter to the Editor. he number of workers filing initial unemployment claims rose by 19,000 last week to 297,000, the Labor Department reported Thursday.

February 16, 2006

Goodyear Takes 4Q Loss on Unit Sale; Sales Reach Record

Goodyear Tire & Rubber Co. reported a fourth-quarter loss because of the sale of a business unit and rising rubber prices, though its sales set records for the quarter and full year.

February 16, 2006

Class 8 Truck Orders Set Record

Class 8 truck orders in North America reached an all-time monthly high of 43,100 in January, with every truck maker reporting strong gains as buyers accelerated purchases ahead of new engine emission rules coming Jan. 1, according to data from ACT Research.

February 16, 2006

ATA Chairman Patrick Quinn Appointed to Transport Panel

American Trucking Associations said Thursday that ATA Chairman Patrick Quinn has been appointed to the National Surface Transportation Policy and Revenue Study Commission.

February 16, 2006

DaimlerChrysler Truck Unit’s Profit Drop

DaimlerChrysler AG’s truck operating profits dropped, and the company said its 2006 earnings will be hurt by rising interest rates, raw-material and oil prices and more U.S. competition, Bloomberg reported Thursday.

February 16, 2006