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News Briefs - July 11
Price of Crude Rises on Storm Concerns Suit Alleges CF Didn't Give Enough Termination Notice Federal-Mogul Names McClure New CEO AAR Reports Intermodal Loads Up 11.2% And more...
July 11, 2003Jobless Claims Rise to 439,000 in Latest Week
The number of Americans filing applications for state unemployment benefits rose by 5,000 to 439,000 in the week ended July 5, the Labor Department reported Thursday..
July 10, 2003Weak Economy and Regional-Freight Turf Wars Dilute LTL Rate Gains
Nine months after the nations third-largest less-than-truckload carrier declared bankruptcy, tightening capacity and pumping up freight volumes for surviving carriers, analysts and fleets said those gains were being diluted by the weak economy and by turf wars for regional freight that created excess capacity.
July 10, 2003Truckers See Wait Times Fall at Three Large California Ports
State officials and truckers in California said that wait times at the states three major ocean ports fell last week, as a law that penalizes terminal operators if they cause trucks to wait in line more than 30 minutes went into effect.
July 10, 2003News Briefs - July 10
Price of Crude Gains as Storm Strengthens Snow: Tax Cuts to Increase Economic Growth Import Prices Rise 0.8% in June ArvinMeritor Moves Forward With Hostile Offer for Dana And more...
July 10, 2003Wholesale Inventories Decline 0.3% in May
Wholesale inventories declined 0.3% in May, the Commerce Department reported Wednesday, reflecting declines in stockpiles of automobiles, machinery and electrical equipment.
July 9, 2003CVSA Head Cites Challenge Meeting Hazmat Deadlines
WASHINGTON The president of the Commercial Vehicle Safety Alliance, Peter Hurst, said it would be a definite challenge for U.S. and Canadian authorities to implement criminal background checks on hazardous materials drivers in time to meet looming U.S. deadlines. br clear=all>
July 9, 2003Tank Truck Carriers, States Seek Delay in Hazmat Rule
Two key national associations have called on the Transportation Security Administration to delay implementing a new requirement for criminal background checks before certifying commercial drivers to haul hazardous materials.
July 9, 2003Senate Committee OKs Amendments for Foreign Driver, Vehicle Checks
WASHINGTON The Senate Commerce, Science and Transportation Committee has approved two amendments to the multiyear highway funding bill that could place additional restrictions on cross-border trucking and U.S. fleets if they become law.
July 9, 2003News Briefs - July 9
CHP Begins Crackdown on Truckers Yellows Purchase Could Lead to More Mergers Survey: Business Spending Increases in 2Q CF to Auction More Properties
July 9, 2003