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Opinion: Private Fleet Benchmarks and Trends

The National Private Truck Council 2006 Private Fleet Benchmarking Survey reaffirms the continued vitality of private fleets as the largest sector of the trucking industry. Highlights of key survey results show why.

August 11, 2006

Frozen Food Express Authorizes Stock Repurchase Plan

Refrigerated truckload carrier Frozen Food Express Industries said Thursday its board of directors has approved a new share repurchase program, authorizing the buy back of up to 750,000 shares of the company's common stock.

August 11, 2006

Texas Suspends Regulations for Hauling Livestock Feed

Texas will waive certain trucking restrictions to allow carriers to make emergency hay deliveries, the Associated Press reported Thursday.

August 11, 2006

July Import Prices Rise on Higher Oil Costs

The price of goods imported to the United States rose 0.9% in July on higher oil costs, the Labor Department said Friday.

August 11, 2006

Retail Sales Jump 1.4% in July

U.S. retail sales jumped 1.4% in July, the largest increase in six months, the Commerce Department reported Friday.

August 11, 2006

Logistics Firms Prepare Bids, Seek More Data on DOD Deal

any of the nation’s top trucking and logistics companies said they would bid this week for what is expected to be one of the largest third-party logistics contracts ever awarded to become the sole transportation coordinator for the Department of Defense. br clear="all">

August 10, 2006

Initial Jobless Claims Rise 7,000 For Week

First-time U.S. jobless claims rose 7,000 to 319,000 last week, the Labor Department said Thursday.

August 10, 2006

Allied Corp. Invests $59.1 Million in Penn Detroit Recapitalization

Private equity firm Allied Corp. invested $59.1 million into the recapitalization of diesel engine and parts distributor Penn Detroit Diesel Allison, the Associated Press reported Tuesday.

August 10, 2006

OH Logistics Announces Acquisitions, Expands Services

Ozburn-Hessey Logistics said it has acquired Barthco International, Freightek Inc. and Turbo Logistics.

August 10, 2006

Crude Oil Falls $2.35 to $74 a Barrel

Crude oil fell $2.35 to $74 a barrel on the New York Mercantile Exchange Thursday, the steepest decline since May 15, Bloomberg reported.

August 10, 2006