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ABF Freight System Raising Rates Next Month

ABF Freight System Inc., the less-than-truckload unit of Arkansas Best Corp., said Wednesday it would raise its general freight rates on June 14.

May 19, 2004

Security Briefs - May 13 - May 19

Some Airports to Get More Screeners This Summer • Report: Gov't Seeks Management Companies for TWIC Tests • N.J. Gov. Says Federal Security at Newark Airport Inadequate

May 19, 2004

News Briefs - May 18

Government Says It Will Not Tap Oil Reserve • Bush Renominates Greenspan as Fed Chairman • Housing Starts Fall 2.1% in April • California to Investigate Oil Companies as Fuel Prices Soar • And more...

May 18, 2004

LTL Carrier Profits Increase as Freight Shifts From Truckload

Less-than-truckload carriers said they boosted profits in the first quarter both because the strengthening economy had improved business generally and because shippers were shifting some freight away from the tightening truckload sector.

May 18, 2004

Executives Say Lack of Drivers Stems From Low Pay Levels

NEW YORK — Motor carriers here said an inability to hire and retain qualified drivers continued to prevent them from adding capacity and the problem would not be resolved until the industry increased driver pay..

May 18, 2004

News Briefs - May 17

Price of Crude Oil Nears $42 After Iraq Bombing • U.S. Continues to Fill SPR Despite Record Prices • Patent Office Ruling Favors ArvinMeritor • More Independent Truckers Picket in Northern California • And more...

May 17, 2004

NTTC's Harvison Plans Retirement; Conley to Become President in '06

LAS VEGAS — The National Tank Truck Carriers announced plans for President Cliff Harvison to retire at the end of 2005 after 32 years at the helm, and for current Vice President John Conley to then fill the top post.

May 17, 2004

Factory Activity in New York Expands in May

Manufacturing in New York state expanded in May for a 13th consecutive month, but at a slightly slower pace than the month before, a Federal Reserve survey released Monday showed.

May 17, 2004

Average Diesel Price Rises to Within 1 Cent of Record

The average retail price of diesel fuel rose 1.8 cents to $1.763 per gallon, the Department of Energy said Monday, and is now only 0.8 cent below its record high.

May 17, 2004

Fleets Report New-Engine Tests Show Reasonable Durability

NEW YORK — Experiments by three truckload carriers revealed that post-October 2002 diesel engines have been reasonably durable and that traditional trade cycles for rolling stock work well, their executives said.

May 17, 2004