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News Briefs - Feb. 3
Volvo Unveils New Truck for Owner-Operator Segment • U.S. Xpress' Profits More than Double • Chevron Delo Joins Mack as Share the Road Sponsor • Jobless Claims Fall in Latest Week • And more...
February 3, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Volvo, UAW Reach Tentative Agreement for Virginia Plant
Volvo Trucks North America Inc. announced the company and the United Auto Workers reached a tentative agreement on terms of new three-year agreements that would cover approximately 2,800 UAW members at the New River Valley, Va., plant.
February 2, 2005D.C. Passes 90-Day Hazmat Shipment Ban
The District of Columbia City Council passed legislation Tuesday enacting a 90-day ban on transportation of certain hazardous materials in the nation's capital.
February 2, 2005Security & Safety Briefs - Jan. 27 - Feb. 2
TSA Begins Background Checks on Hazmat Drivers • Border Agency Extends Deadline for FAST Card Checks • CDC Cites Hazmat Concerns Near Populated Areas • Researchers Report Ability to Crack Auto Key Codes
February 2, 2005Editorial: Completing the New HOS Rule
Click here to write a Letter to the Editor. et’s hope we’re on the road toward settling the debate over the new federal hours-of-service rules that govern the nation’s truck drivers.
February 2, 2005DOT Audit Says FMCSA, Mexico Must Agree on Truck Inspection
The Federal Motor Carrier Safety Administration must still reach agreement with Mexico for U.S. personnel to conduct safety inspections of Mexican fleets in that country before the agency can allow Mexican trucks to begin operating throughout the United States, said an audit report by the Department of Transportation’s Office of the Inspector General.
February 2, 2005Fed Raises Interest Rates to 2.5%
The Federal Reserve on Wednesday unanimously raised the benchmark U.S. interest rate a quarter-point to 2.5%, the highest since October 2001, and again said it would carry out additional increases at a "measured" pace.
February 2, 2005News Briefs - Feb. 2
J.B. Hunt Reports Record 2004 Earnings • TransForce Reports Earnings, Quebec Acquisition • FedEx to Appeal $2.3 Mln. Sexual Harassment Ruling • Cummins Posts Fourth-Quarter and 2004 Profits • Crude Oil Closes at Three-Week Low • And more...
February 2, 2005ISM Factory Index Falls to 56.4 in January
The Institute for Supply Management said Tuesday its factory index for January slowed to 56.4 from 57.3 in December.
February 1, 2005U.S. Diesel Retail Average Rises 3.3 Cents to $1.992 a Gallon
The national average price of diesel fuel rose 3.3 cents $1.992 a gallon, the Department of Energy said Monday.
February 1, 2005