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Motor Fuel Prices Set Records for Third Straight Week
Diesel and gasoline again broke records Monday, both climbing more than 5 cents a gallon to new highs, the Department of Energy said.
April 5, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Hawk Corp. Increases First-Quarter Earnings Guidance
Brake and transmission products supplier Hawk Corp. said Tuesday it was increasing its first-quarter net sales and operations income guidance due to strong markets including in heavy-duty trucking.
April 5, 2005FHWA Says Boston’s ‘Big Dig’ Project Safe But Needs Work
A Federal Highway Administration interim report on leaks in Boston’s Central Artery Tunnel project concludes that the project is structurally sound but recommends that work continue with inspections and repairs.
April 5, 2005ATA Reports Industry Consensus on Roadability Legislation
American Trucking Associations said its Intermodal Motor Carriers Conference has reached consensus with other groups on intermodal equipment standards, known as roadability.
April 5, 2005UPS Sets New Returns Service
UPS Inc. said Tuesday it has begun accepting returned packages at its 40,000 drop box locations, making it easier to send back online purchases.
April 5, 2005Crude Oil Prices Fall Following Greenspan Comments
Crude oil prices fell Tuesday following Federal Reserve Chairman Alan Greenspan's comments that the current oil-market "frenzy" may soon moderate, Bloomberg reported.
April 5, 2005Chris Patterson to Become Freightliner's CEO
Chris Patterson will replace Rainer Schmueckle as chief executive officer of Freightliner, parent company DaimlerChrysler said in a statement Saturday.
April 4, 2005Technology Briefs - March 29 - April 4
TransCore Upgrades Driver, Web Products • XM Reports 68% 1Q Rise in Subscribers • Verizon to Offer Fleet Systems to Small, Medium Companies • Comdata Teams With Rair on Driver Logs • And more...
April 4, 2005Cat, Cummins Bid to Hold Engine Market
LOUISVILLE, Ky. — Rival independent heavy-duty engine makers Caterpillar Inc. and Cummins Inc. said last week they would continue to win sales, despite plans by some truck makers to increasingly use their own engines.
April 4, 2005Volvo, UAW Ratify Agreement for Virginia Truck Plant
Volvo Trucks North America said Saturday that its employees represented by the United Auto Workers ratified new three-year labor agreements covering about 2,800 UAW members at its New River Valley manufacturing plant in Dublin, Va.
April 4, 2005