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ATA, AAR Call Truce, Will Lobby Congress Together
American Trucking Associations and the Association of American Railroads reached a mutual lobbying pact on Thursday, with ATA agreeing not to seek federal permission to run heavier trucks for at least the next six years, news services reported.
June 26, 2003Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
U.S. Economy Grows at 1.4% Rate in First Quarter
The U.S. economy grew at an annual rate of only 1.4% during the first quarter of 2003, well below the 1.9% estimated by the government a month ago, the Commerce Department reported Thursday.
June 26, 2003Truck Sales Decline 9.7%
Retail sales of heavy-duty trucks dropped 9.7% in May from the same month in 2002, as declines for four truck brands more than offset increases for the rest.
June 26, 2003Manufacturers on Target for 2004 Emissions
For several years, many medium-duty truck buyers have been fortunate enough to avoid, if not ignore, the turmoil that has roiled the heavy-duty diesel engine and truck business since 1998 as it rushed to meet lower diesel-emission standards on Oct. 1, 2002.
June 26, 2003News Briefs - June 25
Price of Crude Oil Surges After Supply Report • Old Dominion Announces Rate Increase • Daimler to Introduce New Van Models • Navistar Sticks With Fiscal 3Q Forecast • And more...
June 25, 2003New, Existing ºÚÁϳԹÏÍø Sales Both Increase in May
U.S. new home sales surged 12.5% in May to a record a 1.157 million annual rate, and existing home sales rose 1.2%, according to separate reports released Wednesday.
June 25, 2003CNF Warns on 2Q Profits, While U.S. Xpress Says Results Improving
CNF Inc., owner of several subsidiaries including Con-Way Transportation Services and Emery Worldwide, said late Tuesday its second-quarter earnings would be lower than previously forecast, while truckload carrier U.S. Xpress Enterprises said its results would be better than expected.
June 25, 2003Durable Orders Fall Again in May
U.S. orders for durable goods dropped 0.3% in May, the second straight decline, although orders excluding the volatile transportation sector rose, the Commerce Department said Wednesday.
June 25, 2003Security Briefs - June 19 - June 25
House Approves $29.4 Billion for ºÚÁϳԹÏÍøland Security Department • Ohio Trucker Pleads Guilty to Terrorism Charges • U.S. Warns Texas of Possible Terrorism • TSA Asked to Inspect All Air Cargo • And more...
June 25, 2003State DMVs Get Few Answers About Hazmat Driver Checks
Representatives of state motor vehicle departments had many questions but got few answers about how the new rule requiring background checks for hazardous materials drivers would operate.
June 25, 2003