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Fed Keeps Rates Steady; Adopts Neutral Stance
The Federal Reserve on Tuesday left interest rates unchanged, but moved toward the first rate increase since May 2000 by dropping its 15-month-old view that weak growth is the biggest threat to the U.S. economy.
March 19, 2002Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Highway Funding to Rise
WASHINGTON — The Bush administration, apparently giving in to congressional and state pressure, agreed last week to put money back into the 2003 budget for highways, but Transportation Secretary Norman Y. Mineta would not publicly commit to a specific amount.
March 18, 2002EPA Gives Green Light to Control Shutoff
The Environmental Protection Agency formally notified four manufacturers of over-the-road diesel engines that they can shut off or reduce the effect of emission-control systems during extreme temperatures or high altitudes, clearing the way for engine designs the manufacturers say are ready for EPA approval.
March 18, 2002Editorial: Trucking to Gov. Warner -- Just Say No
Click here to write a Letter to the Editor.The Virginia Legislature’s misguided bill that would allow the imposition of tolls on trucks that use Interstate 81 has been sent to Gov. Mark Warner for signature. We urge the governor to veto the bill.
March 18, 2002News Briefs - March 18
Mexico Border Hiring Seen as Recovery Indicator • Analyst Cites Soft Rail Volumes for BNSF • O'Neill Says Steel Tariffs Can Hurt Economy • Davis Pushes MTBE Ban Off One Year • And more...
March 18, 2002Survey Finds More Carriers Are Cutting Drivers’ Wages
The number of carriers that cut starting base pay for drivers with three years of experience rose slightly during the November-January period, according to a quarterly report of driver compensation at major truckload carriers.
March 15, 2002Calif. Truckers Ponder Truck-Only Lane Proposal
Truck drivers in California will be asked to dig into their pockets to help pay for dedicated truck lanes on at least one of the state's freeways, said Warren Hoemann, vice president of the California Trucking Association.
March 15, 2002Industrial Production Posts Second Straight Gain
The output of America’s factories, mines and utilities increased by 0.4% in February, according to a government report released Friday -- the second increase in as many months and first back-to-back gains since August-September of 2000.
March 15, 2002News Briefs - March 15
Canary Urges Government-Private Partnership • Referendum Set on Washington State Fuel Tax • Ga. Interstate Reopened After Wreck • Snowstorm Moves Across Plains States • And more...
March 15, 2002Ventura Allows Biodiesel Bill Enactment
In a letter to the president of the Minnesota state Senate, Gov. Jesse Ventura said he would allow a bill requiring the use of biodiesel to pass into law without his signature in accordance with Minnesota state law, the governor’s Web site said late Friday. He said he did so despite concerns about its effect on fuel costs and the fact it is a government mandate.
March 15, 2002