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Editorial: Fed Rate Cut Is Good News for Trucking

The Federal Reserve’s decision to reduce interest rates by another half-percentage point last week was welcome news to trucking executives, who know all too well how flat the domestic economy has become.

February 8, 2001

Fed Lowers Interest Rates for Second Time in 2001

The Federal Reserve cut interest rates again last week, its second rate cut in January, in an effort to bring the U.S. economy out of its tailspin. Analysts expect the economy will start to rebound by midyear, with trucking companies among the early beneficiaries of reinvigorated growth.

February 8, 2001

FedEx, UPS Ally to Fight DHL-Deutsche Post Plans

Sensing a threat to their already hotly contested American market, United Parcel Service and FedEx Corp. have allied to fight expansion plans of DHL International and its majority owner, Deutsche Post.

February 8, 2001

Rising Costs Cut Profits; Failures Trim Capacity

In the world of profit and loss statements for trucking in 2000, the strong survived, the adequate stumbled and the weak were buried. Truckload failures reached an all-time high, taking out as much as 3% of industry capacity since December alone, according to analysts.

February 8, 2001

Missouri State Senator Proposes Higher Fees, Lower Speed Limits

Missouri state Sen. Ken Jacobs introduced a bill that would raise the state tax on diesl fuel, truck registration and permit fees and speeding fines for truckers.

February 8, 2001

British Truckers Granted Three More Vehicle Tons

LONDON — British truckers won the right to add three tons of capacity to their rigs on Feb. 1 as the central government increased the maximum weight for six-axle tractor-trailers to just over 97,000 pounds.

February 8, 2001

Opinion: Ag Haulers Need Flexibility of Hours Exemptions

Flexibility and timeliness are two essential ingredients in the transportation of agricultural commodities by commercial transporters throughout the United States.

February 7, 2001

Package Carriers Expect To Be Hit by Regulation

As the nation’s largest transportation company and one of the most vocal critics of the ergonomics rules promulgated by the Occupational Safety and Health Administration, United Parcel Service figures

February 7, 2001