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First-Quarter GDP Grows 3.8%, Commerce Reports
The U.S. economy grew at an annual rate of 3.8% in the first quarter, the Commerce Department said Wednesday.
June 29, 2005FMCSA Aims to Create Doctor Registry
ARLINGTON, Va. The head of the Federal Motor Carrier Safety Administration said the agency would propose a rule in 2006 to electronically link a truck drivers medical certificate to the state-issued commercial driver license.
June 29, 2005ATA Seeks to Limit Hazmat Restrictions
Click here to write a Letter to the Editor. merican Trucking Associations has asked the federal government to label some hazardous materials as security sensitive for regulatory purposes in order to distinguish between hazmats that are a significant security risk in transport and those that are not.
June 29, 2005Crude, Distillate Inventories Improve, DOE Reports
Crude oil and distillate inventories both rose more than expected in the Department of Energys weekly inventory report issued Wednesday, sending crude and heating-oil futures lower, Bloomberg reported.
June 29, 2005Senate Committee Backs Central American Trade Deal
Click here to write a Letter to the Editor. Senate panel voted Wednesday in favor of the Central American Free Trade Agreement, clearing the way for the full Senate to vote on it as early as this week, Bloomberg reported.
June 29, 2005Diesel Gains 2.3 Cents to Hit New Record of $2.336
U.S. retail diesel prices rose 2.3 cents to reach $2.336 a gallon, a new record high, the Department of Energy reported Monday.
June 28, 2005ATA's Truck Tonnage Index Rises 0.7% in May
Click here to write a Letter to the Editor. verall trucking freight volumes rose 0.7% in May as the economy grew modestly, American Trucking Associations said Monday.
June 28, 2005June Consumer Confidence Rises
The Conference Board said Tuesday its index of U.S. consumer confidence rose in June to a 105.8 reading, from Mays 103.1, to the highest level in three years.
June 28, 2005Union Pacific's Revenue Gains As It Raises Prices
Union Pacific Corp. has seen its revenue grow of 10% in the second quarter, in part due to price hikes, Bloomberg reported Tuesday.
June 28, 2005Investment Firm Buys Into Private 3PL Company
A New York-based private equity investor has reached agreement to acquire majority interest in Ozburn-Hessey Logistics, the largest privately held third-party logistics provider in the U.S., OHL said Monday.
June 28, 2005