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Durable Goods Orders Fall; Consumer Confidence Rises
Two reports of great interest to the trucking industry provided mixed economic news Tuesday, as orders for all durable goods fell 0.2% in February but consumer confidence unexpectedly rose in March.
March 27, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
U.S. Average Retail Falls 1.3 Cents
The U.S. average retail price for diesel fuel fell Monday for the eighth straight week, declining 1.3 cents to 137.9 per gallon from 139.2 on March 19, the Energy Depart-ment reported.
March 27, 2001Dana Reorganizes Truck Supply Divisions
Dana Corp., the No. 2 manufacturer of heavy-duty axles worldwide, said it has reorganized its heavy-truck division, to develop products more efficiently and to introduce them faster.
March 27, 2001Maker of Truck Cabs, Bodies to Close in May
A company that makes trucks cabs and vehicle bodies for customers including Volvo and Mack, said it will close in May, eliminating 310 jobs.
March 27, 2001Trucking Technology Report - March 27
Today's Technology Headlines: Churn Rates in US Don't Burn Wireless Providers; AT&T May Change Breakup Plan; and E-Commerce Takes Off at Trucking Companie.
March 27, 2001Higher Tolls Drive Truckers Off Oklahoma Turnpikes
Oklahoma’s turnpike toll increases, which went into effect Jan. 1, were meant to pay off the bonds for 50 miles of turnpike extensions. That payoff may take a little longer than expected, however, because trucks are avoiding the turnpikes to avoid paying 25% to 30% more in tolls.
March 26, 2001U.S.-Mexico Border to Open By End of 2001
Officials from the U.S. Trade Representative’s office and U.S. Department of Transportation had a “good meeting” with their Mexican counterparts March 22 in Mexico City, and laid plans to open the border to Mexican trucks by the end of 2001.
March 26, 2001Reports Shows U.S. Housing Market May Be Cooling Off
In a report that suggests the once red-hot housing market may be softening further as the economy continues to lose steam, new home sales fell 2.4% in February, the Commerce Department said.
March 26, 2001Executive Briefing - March 26
Building a Smart Highway; Truck Makers Overloaded With Used Trucks; Illinois to Detour Trucks on I-94; Comair Pilots Begin Strike; and more...
March 26, 2001Trucking Technology Report - March 26
Today's Technology Headlines: Lotus Brings E-Mail to Web Phones; Wireless Makes Trucker Treks More Efficient; and Universal Language for Wireless Data...
March 26, 2001