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U.S. GDP Surprises With 2% Rise
The U.S. economy was not as weak in the first quarter as many had feared, but grew at an annual rate of 2.0%, the Commerce Department said Friday.
April 27, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
ATA Requests Judgement in Oregon Tax Lawsuit
American Trucking Associations fired another shot in the ongoing battle against the Oregon weight-distance tax, asking a state court for a summary judgment to immediately resolve the question whether the tax, the oldest of its kind, violates the U.S. Constitution.
April 27, 2001ATA Supports Pa. Fleet in Workers Comp Case
American Trucking Associations added its support to a Pennsylvania trucking company’s attempt to protect an agreement with its interstate drivers regarding the choice of jurisdiction for filing worker compensation claims.
April 27, 2001Executive Briefing - April 27
Strike Forces Layoffs at Comair; Budget Group Reports 1Q Loss; CF Opens Largest Border Terminal; Asian Growth Offsets U.S. Downturn, FedEx Says; and more...
April 27, 2001Gasoline, Diesel Prices Climb as Refineries Fall
A series of refinery shutdowns last week pushed the price of diesel fuel to $1.443 per gallon last week, while the price of gasoline soared to $1.619. The weekly increase in the gasoline price, which was 4.8 cents, was eight times as great as the diesel increase of 0.6 cent.
April 26, 2001Truckers May Be Caught in the Middle of U.S.-Canada Lumber Dispute
Canadian and U.S. carriers hauling lumber into the U.S. from Canadian mills are caught in the middle of an international dispute that is hurting their business, according to Paul Landry of the British Columbia Trucking Association.
April 26, 2001Alabama Ruling Limits Cargo Damage Lawsuits to Federal Courts
A federal court in Alabama ruled that a shipper cannot go through the state courts to sue a trucking company for alleged cargo damage.
April 26, 2001Executive Briefing - April 26
Smithway Hurt by Soft Demand, Poor Weather; Xtra Earnings Down as Freight Volume Drops; UPS Introduces Series of New Services; Employment Cost Index Rises 1.1%; and more...
April 26, 2001Trucking Technology Report - April 26
Cell Phone Makers Learn Software the Hard Way; FCC Allows Purchase of VoiceStream; Qualcomm Profit Falls 25% in Period; and more...
April 26, 2001Latest Woe for Truck Sellers Is Widening Credit Crunch
Already faced with a steep drop in truck sales and an overabundance of used equipment, truck dealers can ill afford more bad news. But they are getting it in the form of a credit crunch.
April 25, 2001