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News Briefs - July 18
Price of Crude Oil at One-Month High • Arkansas Best Earns $15.2 Million in 2Q • Yellow Reports Improved Revenues, Profits • J.B. Hunt Declares Stock Split • And more...
July 18, 2003
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Consumer Sentiment Index Rises in July
The University of Michigan said Friday its preliminary July sentiment index rose to 90.3 from 89.7 last month, the third increase in the past four months.
July 18, 2003TSA Could Delay Deadlines for Hazmat Driver Checks
The Transportation Security Administration said it was considering requests to delay criminal background checks for 3.5 million hazardous material drivers, while still working on guidelines for states and industry to meet.
July 18, 2003Philly Fed Index Rises to 8.3 in July
Manufacturing in the Philadelphia region expanded in July for a second month as increasing spending and consumer confidence boosted production, the Federal Reserve Bank of Philadelphia reported Thursday.
July 17, 2003Panel Says U.S. Recession Ended in November 2001
The Business Cycle Dating Committee of the National Bureau of Economic Research said Thursday that the recession the United States entered into in March 2001 ended in November of that same year.
July 17, 2003Housing Starts Surge 3.7% in June
U.S. housing starts rose 3.7% in June to the highest level since January, as low mortgage rates stoked demand, the Commerce Department reported Thursday.
July 17, 2003Fatalities From Truck-Involved Crashes Decline in 2002
The number of fatalities from truck-involved crashes declined 4.2% to 4,897 in 2002, from 5,111 the previous year, according to the National Highway Traffic Safety Administration.
July 17, 2003News Briefs - July 17
UPS, FedEx Loosen Restrictions on Wine Deliveries • rofits, Revenues Improve for U.S. Xpress • Werner Earnings Rise; Says Demand Improving • ‘Soft Freight Environment’ Hurts Transport Corp.’s 2Q Results • And more...
July 17, 2003Truckers Who Haul Vehicles Approve New Five-Year Deal
The Teamsters union said late Tuesday that the truckers who haul most new cars and other vehicles in the United States had ratified a new five-year contract.
July 16, 2003Industrial Production Rises 0.1%; Capacity in Use Unchanged
Industrial production in the United States rose 0.1% in June as factories produced more consumer goods and vehicles, the Federal Reserve reported Wednesday.
July 16, 2003