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News Briefs - March 21

FedEx Says U.S. Seeks Partial Repayment of 9/11 Compensation • Congress Working to Hammer Out 2004 Budget • Intermodal Traffic Up 9.7% from 2002 • Crude Oil Falls as Allies Take More Oil Wells • And more ...

March 21, 2003

Weather and War Push LEI Down in February

The Conference Board said Thursday that its index of leading economic indicators fell 0.4% in February, the largest decline in five months as war fears and bad weather eroded U.S. economic growth.

March 20, 2003

U.S. Launches Attacks on Iraq

The United States launched missile and bombing attacks against Iraq and personally targeted Iraqi leader Saddam Hussein, news services reported, as a prelude to a U.S.-led invasion.

March 20, 2003

News Briefs - March 20

Heartland Purchases Regional Terminals • Arkansas Best to Sell Stake in Tire Retreader, Dealer • Cummins Extends Truck-Engine Guarantee • ArvinMeritor Announces Several Trucking-Related Contracts • And more ...

March 20, 2003

U.S. Launches Massive Strikes on Iraq

The United States-led coalition began massive air and artillery strikes in Iraq Thursday afternoon, news services reported.

March 20, 2003

House, Senate to Consider Bills That Would Arm Cargo Pilots

Lawmakers have introduced legislation in the House and Senate that would allow cargo airline pilots to carry guns.

March 19, 2003

Maine Lawmakers’ Proposal Would Put Heavier Trucks on I-95

Three members of Maine's congressional delegation have introduced legislation that would allow heavier trucks to travel on Interstate 95 in order "to enhance safety, lower maintenance costs and promote economic development," according to Rep. Michael Michaud.

March 19, 2003

NY Oil Price Trades Below $30

The price of crude oil traded in New York closed below $30 a barrel on Wednesday for the first time in 3 months, news services said, as oil continued a sharp selloff linked to expectations that the U.S. faceoff with Iraq would end soon with an easy U.S. victory.

March 19, 2003

Senate Rejects Oil Drilling in Arctic Reserve

The Senate on Wednesday rejected a Bush administration plan to drill for oil in Alaska's Arctic National Wildlife Refuge (ANWR), voting 52-48 to strip the provision from a budget resolution, the Associated Press reported.

March 19, 2003