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News Briefs - June 16

J.B. Hunt's 2Q Earnings Rise • Werner Earns 27 a Share Cents in 2Q • OPEC Cancels Meeting; Will Increase Quotas Again • Profits Nearly Double at U.S. Xpress • And more...

July 16, 2004

Producer Prices Fall 0.3% in June

The Labor Department said Thursday that producer prices fell 0.3% in June, the biggest drop in a year, reflecting declines in energy and food costs..

July 15, 2004

Letter to the Editor: Read the Contract

Click here to write a Letter to the Editor. egarding the chassis bill before Congress and the story "Intermodal Group Adopts Plan for Voluntary Chassis Checks": You must first take a look at the interchange agreements that trucking companies must currently sign in order to use the ocean carriers’ equipment. They are biased totally in favor of the ocean carriers.

July 15, 2004

Loan Market Improves for Trucking, Bank Industry Officials Tell Execs

DALLAS — Economists and lending officials told trucking executives here that in a solidly growing economy it would be easier for trucking companies to borrow capital, as lenders accepted more risk and as more financial institutions returned to the market.

July 15, 2004

News Briefs - July 15

Landstar's 2Q Earnings Rise to Record • Old Dominion's Profits Top Its Guidance • N.Y. Fed's Factory Index Rises in July • Business Inventories Rise 0.4% in May • And more...

July 15, 2004

Philadelphia Fed Index Rises to 36.1 in July

Manufacturing in the Philadelphia region expanded at a faster pace in July than the month before on higher orders, the Federal Reserve Bank of Philadelphia said Thursday..

July 15, 2004

Retail Sales Decline 1.1% in June

Retail sales in the United States fell 1.1% in June, the biggest drop since February 2003, the Commerce Department said Wednesday..

July 14, 2004

Opinion: Reducing Shipper Transport Costs

Click here to write a Letter to the Editor. educing transportation costs is a never-ending task for shippers, whether they move goods by truck, rail, air or sea. An essential, though often neglected, companion to that statement is the phrase “without compromise in service..

July 14, 2004

S&P Reports Fuel Surcharges Boost Shipper Costs 7% to 14%

The Standard & Poor’s credit-rating agency said that fuel surcharges by trucking companies that it reviews have added an average of 14% to freight bills for truckload shipments and 7% for less-than-truckload hauls.

July 14, 2004