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News Briefs - Dec. 18
Underwriters Exercise Option on UTi Offering • Stronger Truck Tires Sales Forecasted • Volvo to Boost Capacity at Swedish Powertrain Plant • U.S. May Tap Oil Reserves •
December 18, 2002Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
FedEx 2Q Earnings Flat with 2001 Results
FedEx Corp. said Wednesday that it had earnings of 81 cents per share in the second quarter ended Nov. 30 – identical to the 81 cents per share the company posted in the same timeframe last year.
December 18, 2002Security Briefs
PAR, Savi Team on Container Security • Central Transport Gets Fast-Track Trade Approval •
December 18, 2002TSA Trailer Lock Proposal Generates Mixed Reviews
Trucking industry officials had divided opinions last week over the Transportation Security Administration’s recently announced intention to require locks on all trailers, with some warning it could hurt business and others saying they it would increase security at little or no extra cost.
December 18, 2002Cargo Theft Passes Drug Smuggling as Security Concern, Experts Say
WASHINGTON — Tougher federal drug laws and increased security at U.S. borders since the 9/11 terrorist attacks have led criminals to shift their activities from drug smuggling to a new focus on cargo theft, bringing sophisticated tactics with them, security experts said recently.
December 18, 2002Shippers Worry About Haulers' Capacity
Every spring, Doug Lumry begins a search for trucks to haul railroad ties from one of six Kerr-McGee Chemical plants to job sites across the country.
December 18, 2002Editorial: Another Transport Expert at the Top
President Bush's nomination of John W. Snow to be the next Treasury secretary should be good for trucking, because it places another executive close to the Oval Office who understands the crucial role freight transportation plays in the nation's economy.
December 17, 2002Opinion: Dawn of a New Day
Trial lawyers in America have fought to have an upper hand on the business community for years, but that ended on Nov. 26, when it was my great honor to witness the signing of the Terrorism Risk Insurance Act by President Bush at a White House ceremony.
December 17, 2002Consumer Prices, Housing Starts Both Rise in November
The prices U.S. consumers paid for goods rose slightly in November, a government report said Tuesday.
December 17, 2002News Briefs - Dec. 17
USXP Forms Universal Express Transportation • UPS Using Alternative Fuel Class 8 Trucks • Industrial Production, Capacity Utilization Rise Together in Nov. • Cummins Makes Management Changes • And more ...
December 17, 2002