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Opinion: There’s a Bad Moon on the Rise

Click here to write a Letter to the Editor. f trucking companies, owner-operators and shippers did not like the hours-of-service regulations that went into effect Jan. 4, they could hate what the Federal Motor Carrier Safety Administration comes up with following the decision in Public Citizen v. FMCSA.

August 20, 2004

LTL Execs See Rising Demand, Rates Behind Growth in Quarterly Profits

In a flurry of second-quarter earnings reports, many less-than-truckload carriers reported higher profits as they hauled more freight and increased freight rates in an improved economy.

August 20, 2004

Crude Prices Fall as Iraqi Violence Subsides

Crude oil futures fell from record highs Friday after Iraqi authorities took control of an embattled mosque in Najaf after a weeklong standoff between militants and government and U.S. troops, Bloomberg News reported.

August 20, 2004

With Court's HOS Deadline Near, FMCSA Seen Preparing Response

As the deadline to replace the court-rejected hours-of-service rules for truck drivers drew nearer, various industry officials said they expected the government to ask the court to stay its decision so regulators would have time to develop another set of regulations.

August 20, 2004

Price of Oil Tops $48 a Barrel on Thursday in New York

The price of crude oil futures in New York rose above $48 a barrel for the first time in its 21-year history..

August 19, 2004

Index of Leading Economic Indicators Falls 0.3% in July

The Conference Board said Thursday its index of leading U.S. economic indicators fell 0.3% in July, the second straight monthly decline..

August 19, 2004

July Truck Sales Climb 29.5% to Highest Level in 4 Years

U.S. retail sales of Class 8 trucks climbed 29.5% in July to their highest level in four years, as truck makers said both their highway and vocational markets remained strong despite the industry’s challenges of higher-priced fuel, finding enough drivers and dealing with a parts shortage..

August 19, 2004

Driver Availability Problems Begin to Surface in LTL Sector

For the first time in the current economic cycle, less-than-truckload carriers said finding qualified drivers was a growing concern as the expanding economy lured employees to other jobs and as low pay and increased security measures deterred people from entering the industry.

August 19, 2004

News Briefs - Aug. 19

Philly Fed Index Dips, but Stays Positive for 15th Month • Navistar's Earnings Rise in Fiscal 3Q • Jobless Claims Fall by 3,000 in Latest Week • Penske to Acquire Auto Rental Corp.

August 19, 2004

News Briefs - Aug. 18

Airlines to Cut Flights at Chicago O'Hare • G.I. Trucking Says Business to Hawaii Growing • Trucker Remains Jailed in Immigrant Smuggling Case • Oregon Study Recommends Against Raising Some Speed Limits

August 18, 2004