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Amtrak must develop a plan for its own liquidation after a 6-5 finding by the Amtrak Reform Council Friday that the passenger railroad has no chance of meeting a congressional deadline for self-sufficiency, news services reported.

Exide Technologies, the world’s largest maker of vehicle batteries, reported a net loss for the fiscal 2002 second quarter and said that it would cut 20% of its salaried staff and suspend its quarterly dividend.

In 1951, David G. McCorkle began hauling silage for $20 a day. Because he drove a truck with a 15-foot bed when most other trucks had only 12-foot beds, he figured the extra capacity should be worth a bit more. So he asked the shipper for $21.75 a day.

Group Recommends Hazmat License Moratorium • Pa. Highway Project Begins • TransForce Sees 44% Rise in Earnings • Decontamination Facility Refuses Opened Mail Bags • And more...

Danzas Signs for Web Cross-Border Technology • Schneider Selects Integrated • And more ...

Postmaster General John Potter told a Senate panel on Thursday that the U.S. Postal Service needs an immediate infusion of $2 billion to cover its lost revenues, and at least $3 billion to ensure the safety of the mail from anthrax in the future, news services reported.

UPS' Kelly Says Shipping Volumes Rising • ATA’s Research Institute Sets Its Agenda • Holiday Highway Travel Will Be Heavy, AAA Says • Md. Given OK to Talk to Unions on Bridge Pacts • And more...

Michigan-domiciled carriers and drivers wanting to carry hazardous materials now face heightened security measures that the Michigan Public Service Commission has instituted.

Motor carriers unable to absorb the cost of security surcharges commercial airlines have implemented in the wake of the Sept. 11 terrorist attacks are beginning to pass those fees on to customers.