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Technology Briefs - Feb. 23 - Feb. 28

XM Raises Subscription Price 30% • Puradyn Filter Technologies Appoints CFO • Software Firm to Provide Supply Chain System to Ford • G-Log Says 2004 Annual Revenue Grew 15% • And more...

February 28, 2005

Yellow Roadway to Buy USF Corp. for $1.37 Bln.

Yellow Roadway Corp. said Sunday it had entered into a definitive agreement to acquire USF Corp. for $1.37 billion.

February 28, 2005

Justice Department Backs CSX in D.C. Hazmat Suit

The Justice Department filed a brief Friday opposing the District of Columbia’s recently passed law on banning hazardous materials transport near the U.S. Capitol.

February 28, 2005

Fuel Suppliers See Problems In Meeting ’06 ULSD Deadline

An association of fuel suppliers and pipeline companies said it would ask the federal government to allow them to sell diesel fuel with slightly higher sulfur levels than environmental rules would allow next year.

February 28, 2005

News Briefs - March 1

Nafta Surface Trade Rose 12.6% in 2004 • Caterpillar to Raise Prices By Up to 5% • UP Plans to Boost L.A. Intermodal Capacity • GM, Ford to Cut 2Q Production • And more...

February 28, 2005

iTECH: Trailer Tracking Looks for Applications in Intermodal, LTL

Knowing where their trailers are at any given moment is increasingly important for a growing number of freight lines in an age of heightened security, just-in-time delivery, intense competition and movements across various modes of transport.

February 28, 2005

U.S. Retail Diesel Average Leaps 9.8 Cents to $2.118 a Gallon

The national average retail price of diesel fuel rose a whopping 9.8 cents to $2.118 a gallon, the Department of Energy reported Monday.

February 28, 2005

Lynch Says HOS Rules Change Could Hurt Trucking, Economy

WASHINGTON — Tim Lynch, president of the Motor Freight Carriers Association, said any changes to the current hours-of-service regulations for truck drivers could hurt both the trucking industry and the overall U.S. economy.

February 28, 2005

News Briefs - Feb. 28

Schneider Seeks to Add 100 Drivers in Midwest • Canada's GDP Growth Cools to 1.7% in 4Q • S&P Lowers Yellow Roadway Credit Rating on USF Deal • Atlas Air Reports Drop in Revenue Ton-Miles • And more...

February 28, 2005

Truck Sales Soar 61.9%

U.S. retail sales of Class 8 trucks in January kept up the same blistering pace they set in 2004, setting an apparent all-time record for the month by reaching 18,257 — a 61.9% increase over sales in the first month of last year.

February 25, 2005