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Critics Fear Hazmat Driver Pool to Shrink
Click here to write a Letter to the Editor. he federal government’s efforts to secure hazardous materials shipments against possible use by terrorists is raising concerns among tank truck carriers, who fear that mandatory background checks in the wake of 9/11 would compromise their already shrinking pool of drivers.
May 11, 2005March Tonnage Drops 0.2%, Less Than Previously Reported
Revised truck tonnage rates released Wednesday by American Trucking Associations showed a 0.2% drop in March, less than a preliminary 3.3% decline reported April 27.
May 11, 2005Senate Considers Adding $11 Billion to Highway Bill
Click here to write a Letter to the Editor. enate leaders Monday introduced a plan to boost spending by $11 billion for the six-year federal highway bill over the $284 billion measure passed by the House in March, the Associated Press reported early Tuesday.
May 10, 2005Oil Rises For a Fifth Day on Demand Projections
Crude oil prices rose for a fifth straight day on speculation rising demand will outstrip supply later this year, Bloomberg reported.
May 10, 2005Retail Diesel Average Drops 3.5 Cents to $2.227
Click here to write a Letter to the Editor. he average price of retail diesel fuel fell for a second straight week, dropping 3.5 cents to $2.227 a gallon, the Energy Department reported Monday.
May 10, 2005Railroads’ Bargaining Panel Says It Will Open Labor Negotiations
The National Carriers' Conference Committee said Tuesday it had voluntarily withdrawn its applications for mediation with seven unions that make up the Teamsters-led rail labor coalition, opening the way for negotiations to resume next week.
May 10, 2005Logistics Firm EGL Inc. Reports 1Q Profit
Logistics firm EGL Inc. reported Tuesday net first-quarter income of $7.2 million or 14 cents a share, down slightly from $7.3 million or 15 cents last year.
May 10, 2005Clarke Reports Smaller First-Quarter Profit
Canadian holding company Clarke Inc. reported first-quarter net income of about $1.6 million or 13 cents a share, compared with $4.4 million or 50 cents a year earlier.
May 10, 2005USF Says Investor Firm Backs Yellow Roadway Deal
USF Corp. said Tuesday that Institutional Shareholder Services, an independent proxy advisory firm, recommended that USF’s stockholders vote in favor the amended merger agreement between USF and Yellow Roadway Corp.
May 10, 2005U.S. to Spend Billions More to Beef Up Security, N.Y. Times Says
After spending $4.5 billion on screening devices, the Department of ºÚÁϳԹÏÍøland Security will spend billions more to improve security at borders and ports, the New York Times reported.
May 10, 2005