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EIA Predicts Record Gas Prices in April • UPS Suspends Plan to Furlough 100 Pilots • Crude Oil Price Rises on Possible Second UN Resolution • MAN AG Increases 4Q Profit 13% • And more ...

WASHINGTON — The National Transportation Safety Board said the Federal Motor Carrier Safety Administration still lacks the ability to ensure unsafe trucking companies are not allowed to enter the business, despite new rules it put in place this January.

With some motorists paying more than $2 for a gallon of regular unleaded gasoline, industry experts sounded alarms that low fuel inventories could lead to record prices and possibly even shortages during the peak driving season.

Dynamex Boosts 2Q Net Income • Fed Says Growth 'Remained Subdued' Early in 2003 • U.S. Services Economy Sees Slower Growth in February • FedEx Freight Expands Next-Day Service • And more ...

ATA Issues Alert to 'America's Trucking Army' • Con-Way LTLs Approved for C-TPAT • Arrest May Bolster Anti-Terrorism Efforts • U.S. Lowers Terror Alert to Yellow

President Bush said he intends to nominate Annette M. Sandberg to the administrator position of the Federal Motor Carrier Safety Administration, where she has been serving as acting administrator in recent months.

Graves Reiterates Call to Tap SPR • Canadian Truckers Protest Fuel, Insurance Costs • Pacer Unveils New U.S.-Mexico Intermodal Options • Postal Service May Seek Early Rate Hike • And more ...

The news on the fuel front is so bad that it’s hard to know which way to report it. We could say: "The average price for a gallon of diesel in the United States has risen by 30.8 cents a gallon since mid-December. . . . "

The trucking industry paid an estimated $465 million more for its motor fuel last week than in the corresponding week of 2002, thanks to the high prices commanded by diesel and gasoline.