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House Passes Measure To Replace Old Trucks

The House of Representatives has approved an energy bill that includes $100 million for a new program to provide financial incentives to fleets to replace their older trucks with newer, cleaner-burning models or to retrofit their older diesel engines to meet current emission rules.

May 2, 2005

Fed Poised to Raise Interest Rates Tuesday

Click here to write a Letter to the Editor. he Federal Reserve is expected to raise interest rates again Tuesday by a quarter-point to 3%, news services reported.

May 2, 2005

Chicago Business Index Shows Growth Slowed in April

An index of Chicago-area business declined in April from the highest level in more than 16 years, the National Association of Purchasing Management-Chicago said Friday.

April 29, 2005

Overnite Corp. Reports Higher 1Q Earnings

Overnite Corp. reported late Thursday its earnings improved to $11.4 million or 40 cents a share for the first quarter, up from $7.5 million or 27 cents a year ago.

April 29, 2005

Indiana Lawmakers Approve Daylight-Saving Time Measure

Indiana’s House gave final approval Thursday to make the entire state join to observe daylight-saving time, the Associated Press reported.

April 29, 2005

Michigan Consumer Sentiment Index Drops to 19-Month Low

Click here to write a Letter to the Editor. he University of Michigan's final consumer sentiment index for April dropped to 87.7, the third straight monthly decline and the lowest level since September 2003.

April 29, 2005

Intermodal Traffic Rises for Week, AAR Says

Intermodal traffic increased 5.7% for the week ended April 23, the Association of American Railroads reported.

April 29, 2005

Capital Beltway to Include New Toll Lanes

The Capital Beltway around Washington, D.C., will add toll lanes on a 14-mile stretch in northern Virginia to ease congestion, according to the companies that have been tapped to build them.

April 29, 2005

Senate Confirms Stephen Johnson as EPA Director

The Senate in a voice vote Friday confirmed Stephen Johnson to head the Environmental Protection Agency. Among other things, EPA sets regulations related to emissions from diesel engines, which are scheduled to tighten in 2007 and 2010.

April 29, 2005

DHS Secretary Chertoff Outlines Border Security Plans

Click here to write a Letter to the Editor. omeland Security Secretary Michael Chertoff said in a speech Friday that DHS wants to continue to offer choices to the private sector that expedite and reinforce border security while efficient movement of goods, services, people and products.

April 29, 2005