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The OPEC oil cartel, producer of a third of the world's oil, agreed Thursday to maintain its current production quota of 24.5 million barrels a day. .

After first applauding new hours-of-service regulations for truck drivers, many carrier executives now say the rules represent the biggest change ever in the way the industry operates.

FORT LAUDERDALE, Fla. — National Industrial Transportation League President John Ficker said he will continue his efforts to have “a dialogue” with the Association of American Railroads over rail service issues despite the fact that AAR officials declined an invitation to appear at its annual meeting here on Nov. 16.

President Bush lifted 20-month-old tariffs on foreign steel on Thursday, but said the administration would maintain a program to guard against a sudden flood of cheap foreign steel coming into the country, news services reported..

A transcript of the Dec. 2 chat hosted by TTNews.com with executives of three truckload carriers covering upcoming changes in hours-of-service rules for drivers is now available at http://www.ttnews.com/chat/hos/hostranscript.html.

Click here to write a Letter to the Editor.Driver delays at loading docks have been and will be a major roadblock in adhering to the hours-of-service rules.

U.S. worker productivity grew at a 9.4% annual rate in the third quarter, the most since the second quarter of 1983, the Labor Department reported Wednesday..

Truckload carrier Cannon Express Inc. on Tuesday told the Securities and Exchange Commission it would file for bankruptcy protection "at the earliest practicable date."

Many truckload fleets are moving to increase driver pay in an effort to retain drivers and recruit new ones as they brace for productivity losses stemming from new federal work rules that will take effect in January.