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Visteon Reportedly Working With Ford on Plant Sales
Auto parts maker Visteon Corp. is moving toward a deal under which as many as 15 of its manufacturing plants would be sold or returned to Ford Motor Co., its former parent company, the Wall Street Journal reported Friday.
May 20, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Rail Traffic Drops for Week but Intermodal Rises
Click here to write a Letter to the Editor. otal rail volume dipped for the week ended May 14, though intermodal volume rose compared with last year, the Association of American Railroads reported.
May 20, 2005Florida Gov. Bush Vetoes Bill Limiting Left-Lane Travel
Florida Gov. Jeb Bush (R) vetoed a so-called "road rage" bill that would have forced drivers doing the speed limit out of the left lane, news services reported.
May 20, 2005Editorial: Oregon Tax Drama Resumes
Click here to write a Letter to the Editor. regon is credited — or blamed — with inventing the weight-distance tax, back in 1947, as a way of collecting revenue from truckers. Eventually it was adopted by nearly two dozen other states.
May 20, 2005Crude Oil Prices May Continue to Fall
Click here to write a Letter to the Editor. rude oil prices may fall for the third straight week next week as rising OPEC output continues to boost U.S. inventories and on signs of slowing global economic growth, Bloomberg reported.
May 20, 2005Philadelphia Manufacturing Index Drops to 7.3
Manufacturing in the Philadelphia area fell to a 7.3 reading in May, the Federal Reserve said Thursday.
May 19, 2005Port of Miami Drops Final Suit Against Truckers
The Port of Miami withdrew its final lawsuit Wednesday against truckers who had shut down the port last summer over low pay and high costs, after both sides agreed to work to improve turnaround times.
May 19, 2005Leading Economic Indicators Fall 0.2% in April
The index of leading U.S. economic indicators fell for a fourth straight month in April, in part due to high fuel prices, the Conference Board reported Thursday.
May 19, 2005Southern California Ports Set to Install Peak-Hours Fees
Click here to write a Letter to the Editor. egistration will begin Monday for a new program aimed at reducing congestion at the ports of Los Angeles and Long Beach, Calif., by setting fees for drivers operating in peak daytime hours, the group administering the program said Thursday.
May 19, 2005Oshkosh Unit to Expand in Fire, ºÚÁϳԹÏÍøland Security Sectors
Specialty truck maker Oshkosh Truck Corp. said Thursday that its Pierce Manufacturing Inc. subsidiary will invest $18.5 million to expand manufacturing to build vehicles for the firefighting and homeland security sectors.
May 19, 2005