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News Briefs - March 21
FedEx Says U.S. Seeks Partial Repayment of 9/11 Compensation • Congress Working to Hammer Out 2004 Budget • Intermodal Traffic Up 9.7% from 2002 • Crude Oil Falls as Allies Take More Oil Wells • And more ...
March 21, 2003Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Continued Attacks, Quick Victories Mark U.S.-Led Campaign
The U.S.-led coalition experienced several quick triumphs in its war in Iraq, news services reported Friday, notably the securing of oil fields in the northern and southern regions of the country. That news bolstered U.S. stock prices and eased concern among commodities traders.
March 21, 2003Weather and War Push LEI Down in February
The Conference Board said Thursday that its index of leading economic indicators fell 0.4% in February, the largest decline in five months as war fears and bad weather eroded U.S. economic growth.
March 20, 2003U.S. Launches Attacks on Iraq
The United States launched missile and bombing attacks against Iraq and personally targeted Iraqi leader Saddam Hussein, news services reported, as a prelude to a U.S.-led invasion.
March 20, 2003News Briefs - March 20
Heartland Purchases Regional Terminals • Arkansas Best to Sell Stake in Tire Retreader, Dealer • Cummins Extends Truck-Engine Guarantee • ArvinMeritor Announces Several Trucking-Related Contracts • And more ...
March 20, 2003U.S. Launches Massive Strikes on Iraq
The United States-led coalition began massive air and artillery strikes in Iraq Thursday afternoon, news services reported.
March 20, 2003House, Senate to Consider Bills That Would Arm Cargo Pilots
Lawmakers have introduced legislation in the House and Senate that would allow cargo airline pilots to carry guns.
March 19, 2003Maine Lawmakers’ Proposal Would Put Heavier Trucks on I-95
Three members of Maine's congressional delegation have introduced legislation that would allow heavier trucks to travel on Interstate 95 in order "to enhance safety, lower maintenance costs and promote economic development," according to Rep. Michael Michaud.
March 19, 2003NY Oil Price Trades Below $30
The price of crude oil traded in New York closed below $30 a barrel on Wednesday for the first time in 3 months, news services said, as oil continued a sharp selloff linked to expectations that the U.S. faceoff with Iraq would end soon with an easy U.S. victory.
March 19, 2003Senate Rejects Oil Drilling in Arctic Reserve
The Senate on Wednesday rejected a Bush administration plan to drill for oil in Alaska's Arctic National Wildlife Refuge (ANWR), voting 52-48 to strip the provision from a budget resolution, the Associated Press reported.
March 19, 2003