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Economy Loses 93,000 Jobs in August
The U.S. economy lost a total of 93,000 jobs in August as the manufacturing sector shed another 44,000 positions, but the unemployment rate dipped to 6.1% as more discouraged workers dropped out of the labor force, the Labor Department reported Friday.
September 5, 2003Awards Go to Drivers From Across the Country
COLUMBUS, Ohio - Though the big award at the National Truck Driving Championships went to FedEx Freight’s Mark Dietsche, other drivers received awards at the 66th annual event held here as well.
September 5, 2003News Briefs - Sept. 5
Appeals Court Overturns Ruling Against FedEx • First Shipment of Canadian Beef Since Ban Enters U.S. • World Bank Says Oil Prices Will Fall • Three LTL Carriers Offers Guarantees • And more...
September 5, 2003Factory Orders Rise for Third Straight Month in July
Orders placed with U.S. factories rose 1.6% in July, led by more bookings for motor vehicles, computers and machinery, the Commerce Department reported Thursday.
September 4, 2003Navistar Truck Plant in Ontario to Remain Open
Navistar International Corp. said Thursday it would not shut down a heavy-duty truck plant in Chatham, Ontario, after the Canadian and provincial governments agreed to subsidize the factory.
September 4, 2003Productivity Rises at 6.8% Rate in Second Quarter
The productivity of U.S. businesses surged in the second quarter, allowing firms to boost output while reducing the overall number of hours worked..
September 4, 2003News Briefs - Sept. 4
FedEx Starts Ad Campaign Focusing on Its Trucks • USF Names Springer Chairman • Energy Dept. Investigating Recent Gasoline Price Surge • Jobless Claims Rise by 15,000 in Latest Week • And more...
September 4, 2003Average Diesel Price Declines 0.2 Cent to $1.501
The U.S. average retail price of diesel fuel fell 0.2 cent per gallon to $1.501, led by a significant drop along the West Coast, the Department of Energy reported Tuesday. br clear=all>
September 3, 2003Appeals Court Rules for Prime
The president of refrigerated carrier Prime Inc. said a federal appeals court ruling Aug. 21 was a victory for the Springfield, Mo., company.
September 3, 2003Opinion: Managing Capacity Is Very Important
Click here to write a Letter to the Editor. he turmoil in the trucking industry over the past 24 months has taken its toll on carriers with poor operating ratios and lack of capital. Those that have survived now stand to gain from an improvement in the U.S. economy and increasing freight volumes in a market with fewer trucks.
September 3, 2003