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Security & Safety Briefs — September 14 - September 20
NHTSA Wants Stability Controls on Cars • Sleep Apnea Screening of Truckers Urged • PHMSA Boosts Hazmat Registration Fees
September 20, 2006New Rule Will Charge Cross-Border Trucking Fee
All truckers entering the United States from Canada will have to pay $5.25 per trip, or purchase an annual decal for $105, beginning Nov. 24 under a new rule the U.S. Department of Agriculture said would help pay for a staff of special border inspectors.
September 20, 2006Oil Continues Slide, Closing Below $61 a Barrel
Crude oil futures briefly dipped below $60 a barrel before dropping $1.20 to close at $60.46 on the New York Mercantile Exchange after the Department of Energy’s weekly report revealed strong gains in distillates, Bloomberg reported Wednesday.
September 20, 2006Fed Holds Interest Rate at 5.25%
For the second time in as many meetings, the Federal Reserve decided on Wednesday to hold the benchmark U.S. interest rate at 5.25%.
September 20, 2006Diesel Average Falls 14.4 Cents to $2.713
Diesel fuel’s average national price fell 14.4 cents to $2.713 a gallon, the Department of Energy reported Monday.
September 19, 2006MAN Maintaining Interest in Scania Purchase
HANOVER, Germany — The chairman of German heavy-duty truck maker MAN said he’s continuing his efforts to purchase Swedish rival Scania, despite negative responses from two of the takeover target's largest shareholders.
September 19, 2006Con-way Lowers 3Q Earnings Guidance
Con-way Inc. lowered its third quarter earnings forecast late Monday, citing a drop in business volumes and the sale of its stake in its Vector SCM joint venture with General Motors.
September 19, 2006DaimlerChrysler to Raise 2006 Truck Group Profits
DaimlerChrysler AG, the parent company of heavy-duty truck manufacturer Freightliner, said it plans to reduce costs and utilize parts sharing to increase 2006 profits at its truck group, Bloomberg reported.
September 19, 2006New Housing Starts Fall 6% in August
New housing starts fell 6% in August, the Commerce Department said Tuesday.
September 19, 2006PPI Rises 0.1% in August; Core Declines
The producer price index rose 0.1% in August, the Labor Department reported Tuesday, while the "core" PPI rate excluding food and energy declined 0.4%.
September 19, 2006