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With Court's HOS Deadline Near, FMCSA Seen Preparing Response

As the deadline to replace the court-rejected hours-of-service rules for truck drivers drew nearer, various industry officials said they expected the government to ask the court to stay its decision so regulators would have time to develop another set of regulations.

August 20, 2004

Index of Leading Economic Indicators Falls 0.3% in July

The Conference Board said Thursday its index of leading U.S. economic indicators fell 0.3% in July, the second straight monthly decline..

August 19, 2004

July Truck Sales Climb 29.5% to Highest Level in 4 Years

U.S. retail sales of Class 8 trucks climbed 29.5% in July to their highest level in four years, as truck makers said both their highway and vocational markets remained strong despite the industry’s challenges of higher-priced fuel, finding enough drivers and dealing with a parts shortage..

August 19, 2004

Driver Availability Problems Begin to Surface in LTL Sector

For the first time in the current economic cycle, less-than-truckload carriers said finding qualified drivers was a growing concern as the expanding economy lured employees to other jobs and as low pay and increased security measures deterred people from entering the industry.

August 19, 2004

News Briefs - Aug. 19

Philly Fed Index Dips, but Stays Positive for 15th Month • Navistar's Earnings Rise in Fiscal 3Q • Jobless Claims Fall by 3,000 in Latest Week • Penske to Acquire Auto Rental Corp.

August 19, 2004

News Briefs - Aug. 18

Airlines to Cut Flights at Chicago O'Hare • G.I. Trucking Says Business to Hawaii Growing • Trucker Remains Jailed in Immigrant Smuggling Case • Oregon Study Recommends Against Raising Some Speed Limits

August 18, 2004

Crude Oil Hits $47.35 After DOE Says Stockpiles Decline

The price of crude oil rose to a record $47.35 a barrel on Wednesday morning in New York after the Department of Energy said U.S. supplies declined for a third straight week, Bloomberg reported.

August 18, 2004

Trucks Crossing Border to Begin Filing Manifests in November

The Department of ºÚÁϳԹÏÍøland Security on Tuesday said that trucks carrying freight into the United States from Canada and Mexico would need to file electronic manifests with the government at least 30 minutes before arriving, the Associated Press reported.

August 18, 2004

TSA Moves Into Final Testing Phase for Transportation Worker ID Card

The Transportation Security Administration announced it had hired consultant BearingPoint Inc. to begin the third and final test phase of its Transportation Worker Identification Card program.

August 18, 2004