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Truck Carriers Prepare For Tighter Security
As the Transportation Department moved to implement new security measures at airports and border crossings, freight haulers are bracing for longer delays, closer scrutiny of drivers and higher costs as some of the consequences of last week’s terrorist strike.
September 18, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Border Traffic Slows as U.S. Steps Up Vehicle Inspections
Federal authorities last week searched truck cabs, tractors, cars and ship cargo holds along the nation’s borders and at its seaports, creating inspection lines that stretched for several miles at crossing points into Mexico and Canada and at some ports.
September 18, 2001Trucking Technology Alert - Sept. 18
FCC Approves Satellite Radio Plan; Quantigate Advisors Minimize Small Package Shipping Costs; MasterCard Launches Wireless ATM Locator; and more ...
September 18, 2001Executive Briefing - Sept. 18
Markets Up for Much of Day, Finish Down Again; More Tax Cuts May Help Economy, Fracture Congress; Airlines Seek $24 Billion Aid Plan; Diesel Engine Plant Resumes Output; and more...
September 18, 2001Stocks of Trucking Companies Not Immune to Drop
Though it kept rolling in the immediate aftermath of the Sept. 11 terrorist attacks, the trucking industry couldn’t buck the downward trend in stock prices Monday as Wall Street reopened for business.
September 18, 2001Analysts Concerned Terrorist Attacks Could Push Nation Into Full Recession
While last week’s terrorist attacks triggered tremendous short-term dislocations of U.S. freight systems, trucking activity will suffer much more if the events of last week push the broad U.S. economy into a hard recession as many analysts now fear.
September 17, 2001Fed Cuts Interest Rates by Half-Point
The Federal Reserve cut the overnight bank lending rate a half-percentage point to 3% on Monday morning.
September 17, 2001Executive Briefing - Sept. 17
Officials Watch Movement of Hazardous Materials; UPS, Landstar to Buy Back Shares; UPS Reinstates Air Guarantees; Attacks Mean an Uncertain Future for OPEC; European Markets Fall, Then Rise; and more...
September 17, 2001Diesel Price Nears High Point for Year
The retail price of diesel fuel rose 3.5 cents per gallon last week to $1.527, the highest average price since May 28, when it hit the year high of $1.529..
September 17, 2001Airlines Pounded by Stormy Market’s First Day
As rescue crews sift through rubble in Manhattan and Washington, D.C., U.S. passenger airlines are picking up the pieces of their industry and preparing to face an anticipated slowdown in air travel.
September 17, 2001