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January Wholesale Truck Prices Show Largest Gain in 5 Years
U.S. wholesale prices for heavy motor trucks jumped 1.6% in January, marking their largest monthly increase in more than five years, as equipment makers continued to pass along higher costs for raw materials, including steel, aluminum, wood and rubber.
March 3, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
DHL Americas’ Ernst Sees No Profit Until 2006
The DHL Americas unit of Deutsche Post World Net won’t make a profit until the fourth quarter of 2006, partly because the company is unable to charge as much as its main competitors because of service issues, the parent company’s chief financial officer said.
March 3, 2005Crude Oil Closes at $53.57 a Barrel
Light sweet crude oil futures closed at $53.57 a barrel on the New York Mercantile Exchange Thursday.
March 3, 2005News Briefs - March 3
USF Sells Reverse Logistics Unit • EGL's Profits Rise, Company Gains $6 Mln. in EEOC Settlement • Vitran Approved to Trade on Nasdaq • Jobless Claims Drop for Fourth Time in Five Weeks • And more...
March 3, 2005TSA Denies ATA Petition For Hazmat Plan Delay
The Transportation Security Administration has denied a petition by American Trucking Associations that sought to delay the agency’s plan to fingerprint drivers of hazardous materials, and that all states be required to use a single TSA-chosen contractor.
March 2, 2005TMC Discusses Corrosion, Heat, Tires
TAMPA. Fla. — Corrosion prevention, higher under-hood temperatures and truck-tire technologies were among industry trends covered in technical sessions at the Technology & Maintenance Council’s annual meeting here Feb. 15-18.
March 2, 2005Energy Firms Seek to Make Diesel From Other Fuels
Several petroleum companies are exploring technology that would turn natural gas and coal into a liquid fuel that would have the efficiency of diesel fuel but would run cleaner, industry experts said.
March 2, 2005Security & Safety Briefs - Feb. 24 - March 2
CVSA, DOE Reach Accord on Nuclear Waste Shipments • Attorney General Backs Patriot Act Renewal • Calif. Senator Introduces Port-Security Bills • Canadian Trucking Alliance Backs Border Funding • And more...
March 2, 2005Crude Oil Closes at Over $53 a Barrel
Light sweet crude oil closed at $53.05 on the New York Mercantile Exchange Wednesday, the highest closing price since Oct. 26 when it was near a record, Bloomberg reported.
March 2, 2005News Briefs - March 2
Horizon Lines Files for Initial Public Offering • January Air Cargo Shipments Rise 6.7% • U.S. Bank Buys Aviation, Trucking Card-Services Firm • Atlas Van Lines' Revenues Rise 12% in 2004
March 2, 2005