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Payrolls Rise by 337,000 in October; Manufacturing Loses Jobs
The Labor Department said Friday that employers added 337,000 workers during October, boosted by a hurricane-related increase in construction jobs. The jobless rate rose to 5.5% from 5.4% as more people returned to the labor force.
November 5, 2004TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
News Briefs - Nov. 5
Price of Crude Oil Rises Falls 4.2% for the Week • Quality Distribution Names New COO, CFO • Alabama Voters Oppose Truck Tax Amendment • Postal Service, Rural Carriers Extend Contract • And more...
November 5, 2004Engine Makers Repeat They Will Meet 2007 EPA Diesel-Emission Standards
CHICAGO — Confident engine makers said their products would easily meet government diesel-emission standards coming in 2007, but they questioned how to integrate exhaust aftertreatment devices into new trucks, and debated the virtues of selective catalytic reduction to meet even tougher rules scheduled for 2010.
November 5, 2004Tight Capacity Could Hurt GDP Growth, Says Duncan
ST. PETE BEACH, Fla. — Trucking’s current tendency to shun expansion of tractor and trailer fleets so as to achieve higher freight rates is not a productive long-term strategy for the nation’s economic health, a top industry executive charged last week.
November 5, 2004SMC3 Request to Set National Rates Meets Opposition From DOT, Shippers
WASHINGTON — The Southern Motor Carriers Rate Conference asked the Surface Transportation Board to allow the rate bureau nationwide ratemaking authority for less-than-truckload routes, saying it would allow its members the ability to set rates in the territories where they provide service.
November 5, 2004Technology Briefs - Nov. 2 - Nov. 8
Texas Court Extends TRO in Idling Case • Iteris Posts Net Loss but Sales Increase • Report: German Toll System May Be Ready Jan. 1
November 5, 2004News Briefs - Nov. 4
Jobless Claims Fall 19,000 in Latest Week • Frozen Food's Earnings Double in 3Q • Profits Surge at EGL • Louisiana Lowers Dealer Licensing Fees
November 4, 2004Productivity Rises at Slowest Rate in Two Years
The Labor Department said Thursday that the productivity of U.S. workers grew at a 1.9% annual pace in the third quarter, the smallest gain since the fourth quarter of 2002.
November 4, 2004Dana CEO: Inventories Led It Past Competitors
CHICAGO — Michael Burns, chairman and chief executive officer of vehicle component supplier Dana Corp., said a strategic increase this year in his company’s inventory of heavy-duty axles and drive shafts had allowed Dana to take away business from other suppliers that were unable to fill truck makers’ orders during a surge in demand for Class 8 trucks. br clear=all.
November 4, 2004Opinion: Make Smart Long-Term Business Decisions
Click here to write a Letter to the Editor. ith the economy in a sustained recovery mode, strong freight volumes and a relatively tight supply of trucks, the majority of motor carriers are scrambling to keep up with the growing demand for their services.
November 4, 2004