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OPEC Agrees to Cut Oil Production
The OPEC oil cartel on Tuesday said it had agreed to cut production quotas by 1 million barrels to 23.5 million barrels a day starting April 1.
February 10, 2004
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
ArvinMeritor Chairman, CEO Yost to Retire
Vehicle parts maker ArvinMeritor Inc. said Chairman and Chief Executive Officer Larry Yost plans to retire when a successor is found, news services reported.
February 10, 2004Report Names Top-Performing Carriers
Barney Trucking, Heartland Express, Kenan Transport, Penske Logistics, Prime Inc. and Raven Transport were named the top-performing truckload carriers of their respective types, according to research by Martin Labbe Associates for American Trucking Associations.
February 10, 2004News Briefs - Feb. 10
Transport Corp. Narrows 4Q Loss • Forward Air Reports Higher Profits • S.D. Committee Favors Repealing Trucker Tax • Expeditors International's Profits Nearly Unchanged • And more...
February 10, 2004Schneider, Caterpillar Get Grants to Study Idling
The Department of Energy awarded truckload carrier Schneider National Inc. and engine manufacturer Caterpillar Inc. grants totaling $550,000 for separate test programs to cut the amount of truck idling.
February 9, 2004Ultra-Low-Sulfur Diesel Regulations Worry Truck Stop, Leasing Groups
Representatives of truck stops and truck leasing companies recently raised concerns about the upcoming federal requirement for ultra-low-sulfur diesel fuel, saying the planned 4-year phase-in period could add costs and fuel-compatibility problems.
February 9, 2004Average Diesel Price Eases for Second Straight Week
The average retail price of diesel fuel fell 1.3 cents per gallon to $1.568, the second decline in as many weeks, the Department of Energy said Monday. br clear=all>
February 9, 2004Technology Briefs - Feb. 3 - Feb. 9
Minorplanet Files for Bankruptcy Protection • Washington Removes Laser-Alert System From I-5 • Study: Drivers Ignore N.Y. Ban on Handheld Cell Phones
February 9, 2004News Briefs - Feb. 9
Wholesale Inventories Rise 0.6% in December • Business Spending Seen Rising in 2004 • Economists: Slow Job Growth Could Stall Recovery • OPEC Seen Trying to End Cheating by Members • And more...
February 9, 2004Payrolls Jump by 112,000 in January; Unemployment Rate at 5.6%
Payrolls rose by 112,000 in January, pushing the nation's unemployment rate down to 5.6%, the Labor Department reported Friday.
February 6, 2004