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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, 2006YRC 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, 2006Florida 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, 2006Import 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, 2006Housing 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, 2006Unemployment 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, 2006Goodyear 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, 2006Class 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, 2006ATA 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, 2006DaimlerChrysler 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