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Con-Way to Launch New Truckload Company
Con-Way Transportation Services Inc. said Thursday it has formed Con-Way Truckload, a new operating company scheduled to begin operations in the first quarter of 2005..
June 3, 2004TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
OPEC Agrees to Increase Output Quotas
The OPEC oil cartel on Thursday agreed to raise output limits next month by 2 million barrels a day, or 8.5%, the biggest increase in more than six years.
June 3, 2004Factory Orders Decline 1.7% in April
New orders at factories declined 1.7% to $356.9 billion, the largest drop in a year, the Commerce Department said Thursday.
June 3, 2004Fleets Raise Fuel Surcharges in Bid to Recoup Cost Hikes
Aside from the general freight-rate hikes some less-than-truckload carriers posted recently, fleets are passing additional cost increases to shippers as they adjust fuel surcharges to recoup fast-rising fuel prices.
June 3, 2004So. Calif. Counties Bid for Jobs, Freight Yards
SAN BERNARDINO, Calif. — Owners of two former Air Force bases are in negotiations with the two largest U.S. freight railroads to build intermodal exchange facilities here that would distribute cargo from the ports of Los Angeles and Long Beach across the nation.
June 3, 2004News Briefs - June 2
Another OPEC Nation Begins Pumping More Oil • Clark Sells Unit to PBB • Swift Says Future Insider Trades to be Cleared By CFO • Job-Cut Announcements Rise in May • And more...
June 2, 2004ATA Urges Transport Security Agency to Bypass Hazmat Fingerprint Checks
American Trucking Associations has recommended that the government bypass fingerprint background checks for hazardous materials drivers and instead wait until a universal federal transportation credential program is available.
June 2, 2004Letter to the Editor: Cargo Theft
Click here to write a Letter to the Editor. May 17 letter offered the opinion that I mischaracterized a piece of California legislation in my April 19 opinion column.
June 2, 2004Security Briefs - May 27 - June 2
Stolen Propane Trucks Found Near Laredo • Future of TSA Is Unclear • Accenture Wins $10 Billion Security Contract • Ashcroft, Ridge Say Agencies Are Cooperating
June 2, 2004Average Price of Diesel Declines 1.5 Cents to $1.746
The average price of retail diesel fuel dropped 1.5 cents per gallon to $1.746, the second straight weekly decline, the Department of Energy reported Tuesday.
June 2, 2004