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OPEC to Cut Production by 1 Million Barrels Per Day
In a unanimous move, the Organization of Petroleum Exporting Countries agreed to cut production of crude oil by 1 million barrels a day effective Sept. 1.
July 25, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Trucking: An Industry in Transition
The year 2000 will be remembered as the year in which everything that could go wrong did go wrong. Fuel costs soared, the stock market fell, insurance premiums doubled and tripled for some firms, used truck values plummeted and demand for freight services softened. It was trucking’s equivalent of the perfect storm.
July 24, 2001Letter to the Editor: Rate Regulation
Click here to write your own Letter to the Editor.Instead of cutting each other’s throats over rates, we should band together and lobby Washington to get them to regulate rates.
July 24, 2001Executive Briefing - July 24
NHTSA Investigating Firestone Replacement Tire Model; Poor Earnings Lead to More Job Cuts; Wabash Posts $10.8 Million Loss; and more...
July 24, 2001Trucking Technology Alert -- July 24
Soft Keyboards Ease Mobile Messaging; Business Models Affect Collaboration; Wireless Streaming Technology Still Unproven and more...
July 24, 2001Editorial: TT 100 List Shifts With Economy
Transport Topics’ latest ranking of the 100 largest U.S. trucking companies tells a lot about how this industry has been weathering the tough economy in the past year or so.
July 23, 2001Opinion: Economic Recovery?
The past year or so has been difficult for the trucking industry on the economic front. Slowing freight volumes, higher fuel costs, rising insurance premiums and increasing employee compensation have wreaked havoc with many carriers’ operations.
July 23, 2001Acklie Says Mexican Trucks Will Operate Safely
Members of the House and Senate called upon leaders on all sides of the trade and transportation movement to help them hash out the details of a plan to allow Mexican trucks to operate in the United States.
July 23, 2001Executive Briefing - July 23
Fed's Guynn Says Economy Will Strengthen; Caterpillar, Daimler to Focus on Fuel Systems; U.S. Maintains Stance on Kyoto Pact; OPEC Considers Emergency Meeting; and more...
July 23, 2001Diesel Price Drops to 18-Month Low
The national average price of diesel fuel dropped again last week, to $1.348 per gallon, the lowest average price since January 17, 2000, when the price was $1.307.
July 23, 2001