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ULSD Hurdles Loom

SAN FRANCISCO — The U.S. petroleum industry may be unable to deliver to all parts of the nation diesel fuel with low enough sulfur content to meet new federal pollution rules, industry executives told a fuels conference here.

March 21, 2005

William Graves, Father of ATA President, Dies

William Graves, the former head of Graves Truck Line Inc. and father of American Trucking Associations President Bill Graves died Friday at the age of 90, the Associated Press reported.

March 21, 2005

Average Diesel Price at Record $2.244 After 5-Cent Rise

The Department of Energy said Monday the national average retail price of diesel fuel rose 5 cents to $2.244 a gallon, breaking the previous record of $2.212 set on Oct. 25.

March 21, 2005

Technology Briefs - March 15 - March 21

Sensors Check Emissions at Arizona Border Crossing • Union Pacific Begins Using Hybrid Locomotive • President Names New FCC Chairman • DaimlerChrysler Plans to Sell Hydrogen Fuel-Cell Cars by 2012

March 21, 2005

Fed Expected to Raise Interest Rates on Tuesday

The Federal Reserve’s Open Market Committee was expected to raise interest rates by another quarter-percentage point to 2.75% when it meets on Tuesday, Reuters reported.

March 21, 2005

Former Head of Chicago's Hired Truck Program Pleads Guilty

Angelo Torres, the former head of a Chicago’s Hired Truck Program, pleaded guilty Friday to accepting cash in exchange for letting private companies into the $37-million-a-year project, the Associated Press reported.

March 21, 2005

Gasoline Price Rises Almost 13 Cents to Record $2.10, Lundberg Says

The average retail price of regular gasoline rose almost 13 cents in the past two weeks to a record $2.10 per gallon as of March 18, according to the Lundberg Survey of stations nationwide.

March 21, 2005

GM Plans to Cut White-Collar Jobs, Journal Reports

Auto maker General Motors Corp. will cut its North American white-collar work force by as much as 28% in some areas, the Wall Street Journal reported..

March 21, 2005

Central Freight Posts 4th-Quarter Loss

Regional less-than-truckload carrier Central Freight Lines said it posted net losses of $8.9 million or 49 cents a share in the fourth quarter of 2004, and $20.5 million or $1.14 for the full fiscal year.

March 18, 2005