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Retail Sales Inch Up 0.1% in May
U.S. retail sales rose 0.1% in May to $308.8 billion, the Commerce Department said Thursday, led by more purchases of furniture, electronics and clothing..
June 12, 2003Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
News Briefs - June 12
Caterpillar Says Third Engine Gets EPA Approval • Officials Consider Third Border Crossing in Detroit • Import Prices Fall 0.3% in May • Price of Crude Oil Falls After OPEC Decision • And more...
June 12, 2003Engine Makers Urged to Seek 'Simpler' Technologies
PHOENIX – A senior Environmental Protection Agency official urged truck engine makers to pursue "simpler" technologies to meet tougher emissions rules for 2007 and beyond, expressing doubt that engines using a urea additive would be practical.
June 11, 2003OPEC to Keep Oil Quota, For Now
The Organization of Petroleum Exporting Countries agreed Tuesday to leave its current oil quotas in place.
June 11, 2003Congress May Divert Funds to Aviation From Trucking
WASHINGTON — Nearly $60 million that Congress appropriated to fund Operation Safe Commerce, intended to develop an intermodal freight plan to ensure that ship containers are moved securely by trucks across the country, may be diverted to help the aviation industry, lawmakers said last week.
June 11, 2003Florida’s Legislature Gives Approval to Single ID Card for Port Truckers
Truck drivers, who must obtain separate security cards to work at each of Florida’s 14 ports, would only need one card in the future, under a bill the state Legislature passed last month.
June 11, 2003Duley Recommends Incentives for 2007 Engines
Eliminating the federal excise tax on trucks and offering additional tax credits are ways to ease the transition to 2007 low-emission engines, Steve Duley, vice president of purchasing for truckload carrier Schneider National Inc., said during an online chat hosted by TTNews.com on Wednesday.
June 11, 2003Federal Reserve Says Economic Conditions Remain Sluggish
Despite some signs of increased activity, economic conditions in April and May remained sluggish throughout much of the nation, the Federal Reserve said Wednesday in its regular report on the state of the economy.
June 11, 2003News Briefs - June 11
Fed's Ferguson Says Economic Outlook Uncertain • Schneider Says It Could Close Two Business Units • AAA-Chicago Opposed to Raising Truck Speed Limits • Menlo Worldwide Expands Service in Mexico • And more...
June 11, 2003News Briefs - June 10
Crude Oil Rises Ahead of OPEC Meeting • More Inspection Lanes Expected to Ease Peace Bridge Delays • NAM: Manufacturing Sector Woes Could Hurt U.S. • Looting Is Hampering Iraq's Oil Industry, Journal Says • And more...
June 10, 2003