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March Payrolls Grow By 308,000; Unemployment Rate Rises to 5.7%

Payrolls surged by 308,000 in March, the largest gain in nearly four years, but the unemployment rate rose to 5.7% from 5.6% as more people returned to the labor force to look for work, the Labor Department said Friday.

April 2, 2004

Sandberg Says Hours Change to Reduce Deaths, Related Costs

ARLINGTON, Va. — The head of the Federal Motor Carrier Safety Administration told a major freight shippers’ group that the new driver hours-of-service rules would cut fatalities and related costs, but several audience members said the rules were raising their cost of doing business.

April 2, 2004

Mineta Calls on Shippers to Help Ease Congestion

ARLINGTON, Va. — Transportation Secretary Norman Mineta urged freight shippers at the National Industrial Transportation League’s spring policy forum here to help trucking firms and other freight haulers to ease congestion.

April 2, 2004

House Passes $275 Billion Highway Spending Bill

The House on Friday voted 357-65 in favor of a $275 billion highway and transit spending bill despite the threat of a presidential veto, news services reported..

April 2, 2004

News Briefs - April 1

Highway Bill Temporarily Stalls in House • UP to Transfer Some UPS Freight to Trucks • Caterpillar, UAW Extend Contract • Jobless Claims Fall By 3,000 in Latest Week • And more...

April 1, 2004

ISM Manufacturing Index Rises in March

The Institute for Supply Management said Thursday factory activity in March expanded at a faster pace than the previous month.

April 1, 2004

Opinion: Tolls Are Taking a Toll on Trucking

Click here to write a Letter to the Editor.For the trucking companies that use our nation’s highways to carry freight, paying for those roads through a variety of fuel and other taxes is a part of doing business. Today, however, rising toll costs are also becoming a significant cost factor for motor carriers.

April 1, 2004

TCA Exhibits Technology, Services Shift

WAIKOLOA, Hawaii — Technology and business services dominated the exhibition at the Truckload Carriers Association annual convention here March 14-17.

April 1, 2004

OPEC Agrees to Cut Production Quotas

The OPEC oil cartel on Wednesday agreed to move ahead with its Feb. 10 decision to lower oil production quotas by 1 million barrels to 23.5 million barrels a day.

March 31, 2004