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Senate Democrats Criticize Petroleum Reserve Policy
A new Department of Energy policy of buying crude oil to fill the Strategic Petroleum Reserve without regard to already high prices caused further spikes in fuel prices, said a study by Senate Democrats.
March 7, 2003Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
U.S. Economy Sheds 308,000 Jobs; Unemployment Rises to 5.8% in Feb.
Non-farm payrolls declined by 308,000 jobs in February, helping to push the unemployment rate up to 5.8%, the Labor Department said Friday.
March 7, 2003News Briefs - March 7
VW to Add 500 Workers to Truck Division • U.S., Allies Propose March 17 Deadline for Iraq • Crude Oil Up Slightly on Iraq Tensions • House Leaders Seek $375 Billion in Transportation Funding • And more ...
March 7, 2003Factory Orders Rise in January
Orders placed at U.S. factories rose 2.1% in January, their largest increase in six months, the Commerce Department said Thursday.
March 6, 2003U.S. Fourth Quarter Productivity Revised Up to 0.8%
Companies in the United States were more efficient in the fourth quarter, a revised report by the Labor Department said Thursday. The department's quarterly report on productivity was revised upward to an annual rate of 0.8%.
March 6, 2003News Briefs - March 6
EIA Predicts Record Gas Prices in April • UPS Suspends Plan to Furlough 100 Pilots • Crude Oil Price Rises on Possible Second UN Resolution • MAN AG Increases 4Q Profit 13% • And more ...
March 6, 2003Department of ºÚÁϳԹÏÍøland Security Opens With Transportation Focus
WASHINGTON — The Department of ºÚÁϳԹÏÍøland Security, a massive new federal agency that President Bush requested in the wake of the Sept. 11 attacks, officially opened its doors last week, with transportation security one of its major missions.
March 5, 2003Safety Board Takes FMCSA to Task Over Screening Unsafe Trucking Firms
WASHINGTON — The National Transportation Safety Board said the Federal Motor Carrier Safety Administration still lacks the ability to ensure unsafe trucking companies are not allowed to enter the business, despite new rules it put in place this January.
March 5, 2003Gasoline Shortages Seen as Possibility This Summer
With some motorists paying more than $2 for a gallon of regular unleaded gasoline, industry experts sounded alarms that low fuel inventories could lead to record prices and possibly even shortages during the peak driving season.
March 5, 2003News Briefs - March 5
Dynamex Boosts 2Q Net Income • Fed Says Growth 'Remained Subdued' Early in 2003 • U.S. Services Economy Sees Slower Growth in February • FedEx Freight Expands Next-Day Service • And more ...
March 5, 2003