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Drops Seen in Retail Spending, Confidence, Prices
etail spending dropped 1.2% in September, the Commerce Department reported Friday, although the movement is up 0.1% if auto sales are disregarded.
October 11, 2002Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
News Briefs - Oct. 11
Layoffs Could Trigger New Recession, Economic Group Says • Gasoline Prices Continue Decline in West • Top Officers Bid to Buy Landair • Port Closure Cuts Intermodal Total •
October 11, 2002Carriers and Teamsters Begin National Freight Contract Talks
WASHINGTON — The less-than-truckload industry and the Teamsters kicked off negotiations Oct. 8 over a new labor pact, with the union searching for more health and pension benefits and higher wages and management saying it needed greater flexibility to delve into new types of businesses.
October 11, 2002Less Capacity, More Demand Allow Truckload Rate Increases
Shrinking truckload capacity in some parts of the country, along with an uptick in demand, is giving motor carriers room to raise their freight rates, trucking executives and analysts said.
October 11, 2002Aug. Wholesale Sales Up 0.9%
Wholesale sales in the United States jumped 0.9% in August, the Commerce Department said. The increase was the largest gain in four months – an indication that factory production and shipments may be on the rise.
October 10, 2002TT to Present Supplier Panel At Conference
Executives from three of the top truck equipment suppliers are scheduled to participate in a panel discussion moderated by Transport Topics Publisher and Editorial Director Howard S. Abramson at the ATA Management Conference & Exhibition in Orlando, Fla.
October 10, 2002Returning Port Workers Face Huge Backlog
Workers returned to West Coast ports Wednesday night to begin catching up with the backlog caused by a 10-day lockout -- a process that could take up to nine weeks, news reports said.
October 10, 2002News Briefs - Oct. 10
Plan to Revive CF Seen Doomed • Import Prices Rose 0.7% in Sept • U.S. Initial Jobless Claims Fell 40,000 Last Week • Crude Oil Price Falls as Iraq Makes Overture • And more...
October 10, 2002Security Briefs - Oct. 3-Oct. 10
Scientists Question Accuracy of Lie-Detector Tests • FedEx Workers Hospitalized After Exposure to Powder • Doctors Say Enhanced 911 Could Be a Lifesaver in a Disaster •
October 9, 2002Security and Efficiency: Dueling Priorities at the Border?
Can the government utilize technology to promote security and expedite trade across Nafta borders? The answer seems to be a qualified yes, according to officials involved in a long-running project designed to achieve those goals.
October 9, 2002