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Payrolls Rise by 1,000 in December; Unemployment Rate Falls to 5.7%
The Labor Department reported Friday the economy gained 1,000 jobs in December, while November's increase was revised down to 43,000 jobs from the 57,000 previously estimated..
January 9, 2004
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Transportation Bill Sits Atop Agenda When Congress Reconvenes Jan. 20
A top priority for lawmakers and the freight-hauling industry when Congress comes back to work on Jan. 20 will be passing a 6-year transportation bill, government and industry leaders said.
January 9, 2004Final 'Pre-Buy' Demand Surge Boosts Mercedes Engine Sales
Truck buyers late in 2003 bought up every available production slot of the Mercedes-Benz 4000 heavy-duty diesel engine, in what amounted to a “pre-buy” of the last major Class 8 engine that did not have to comply with the Oct. 1, 2002, tougher federal emissions rules.
January 9, 2004FMCSA Skips Chassis Fight
After considering the issue for nearly five years, the Federal Motor Carrier Safety Administration said it will not establish rules to settle the longstanding dispute over who must maintain intermodal equipment such as chassis.
January 9, 2004Technology Briefs - Jan. 6 - Jan. 12
Mack Designing Electric-Diesel Hybrid for Air Force • SkyBitz Adds Financing, Venture With Motorola • UPS, FedEx Say They're Cracking Down on Illegal Online Pharmacies • XM, Sirius to Offer New Services • And more...
January 9, 2004News Briefs - Jan. 8
Late Shoppers Lift Sales at Retailers • Visteon Expects to Post Profit in 2004 • U.S. Beef Shipped Before Mad-Cow Case Turned Away • Jobless Claims Rise for First Time in Four Weeks • Announced Job Cuts in December Fall 6.5% • And more...
January 8, 2004Wholesale Inventories, Sales Both Increase in November
Inventories at U.S. wholesalers rose 0.5% to $292.7 billion in November, the third straight monthly increase, the Commerce Department reported Thursday.
January 8, 2004Letter to the Editor: Hours of Service
Click here to write a Letter to the Editor. think that we were overdue for a change in the hours rules, but I don’t think they made the change on facts. Instead, I think it was done just to make the anti-truck groups happy.
January 8, 2004DOT Saw Trucking's Share of Freight Increase 24.5% to $6.2 Trillion in 2002
The Bureau of Transportation Statistics, citing preliminary findings from its 2002 Commodity Flow Survey, said trucking’s share of the total value of all goods moved in 2002 jumped 24.5% to $6.2 trillion from $4.9 trillion in 1997, the period covered in the previous survey.
January 8, 2004Truckload Driver Turnover Rate Reaches New Record High
Just as trucking executives were warning that new drivers’ workday hours regulations that took effect Jan. 4 could cause truckload carriers to need many more drivers, a study by American Trucking Associations showed that truckload driver turnover rose sharply in the third quarter of 2003.
January 7, 2004