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Producer Price Index Jumps 1.7% in October
Led by a surge in energy and food costs, the producer price index rose 1.7% in October, the Labor Department said Tuesday.
November 16, 2004TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Trucks, Rails Sharing More Long-Haul Moves
Truckload carriers, facing rapidly rising costs for equipment, fuel and drivers, are taking more trailers and cargo containers off the highway and putting them onto railroads in response to moves by rail carriers to expand capacity and provide faster, more reliable service.
November 16, 2004Average Diesel Price Falls 3.1 Cents to $2.132
The Department of Energy said Monday the U.S. average price for retail diesel fuel dropped 3.1 cent to $2.132 per gallon.
November 16, 2004Advocacy Group Charges Hazmat Agencies Lagging
Advocacy group Public Citizen said in a recent report that the government agencies charged with securing hazardous material transportation have not done enough to prevent a possible terrorist attack.
November 16, 2004Letter to the Editor: Better Truck Stops
Click here to write a Letter to the Editor. think that more of them need to offer home-cooked meals instead of just a Burger King or Subway sandwich. I’m not saying those two restaurants aren’t good, but when you’re out on the road a person needs good, healthy food, not just a burger and fries or some other sandwich.
November 16, 2004News Briefs - Nov. 16
UPS Wins Delay in Deaf Driver Case • ArvinMeritor's Sales Rise, but Post Loss on Charges • Profits Rise at US 1 Industries • Arctic Express Emerges From Bankruptcy • And more...
November 16, 2004Energy Secretary Abraham, Secretary of State Powell Resign
Energy Secretary Spencer Abraham and Secretary of State Colin Powell said they would resign from President Bush’s Cabinet, but stay on until successors are in place, news services reported.
November 15, 2004Trucking Industry Groups Seek New-Engine Incentives
A group of trucking industry representatives could be ready by early next year to ask Congress to provide financial incentives encouraging the use of engines that meet 2007 federal emission standards, industry officials said.
November 15, 2004Platinum Seeks CEO for Former Aether Transport Unit
Platinum Equity said last week it would rename the transportation-information unit it bought from Aether Systems Inc. to GeoLogic Solutions Inc., and was searching for a new chief executive officer to run the unit. latinum Equity said GeoLogic would become profitable in 2005.
November 15, 2004Editorial: Business Outlook Improving
Click here to write a Letter to the Editor.The business outlook for trucking continues to improve, as a rebounding economy and tight freight capacity create a market that permits fleets to raise rates and improve their leverage with their customers.
November 15, 2004