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U.S. Jobless Rate Rises As Economic Weakness Spreads
The U.S jobless rate increased more than expected to 4.5% in April from 4.3% in March, as businesses slashed payrolls by the largest amount since the 1991 recession, the Labor Department said.
May 4, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Jackson Confirmed As DOT Deputy
The U.S. Senate confirmed Michael P. Jackson as deputy secretary of the Department of Transportation in a voice vote on May 4.
May 4, 2001Trucking Technology Report - May 4
@Track Communications Nasdaq Listing Extended; Verizon to Upgrade N.Y. Network; Israeli Company Develops Cell Phone TV; and more...
May 4, 2001Executive Briefing - May 3
Rubbermaid, Fruit of the Loom to Cut Jobs; Ford Creates Team to Study Emissions; Corporate Layoffs Hit Record High in April; and more...
May 3, 2001OSHA to Stop Fining Truckers Over Chocks
Federal job safety inspectors will no longer fine truckers for failing to place wheel chocks to stop trailers from rolling because trucking safety regulations have been held to supersede the authority of the Occupational Safety and Health Administration, officials said.
May 3, 2001The Debate Rages On: Should Youths Under 21 Drive Interstate Rigs?
Interstate carriers hoping to recruit 18- to 20-year-olds to fill a shortage of big rig operators have hit a roadblock with insurers, which remain reluctant to sign on the statistically deadly group of drivers
May 3, 2001Bush Nominations: EPA, Energy, Labor, INS
President Bush generated a flurry of nominations in the past week to fill high-level posts throughout his administration. Several of these positions are number-two or deputy spots at departments that deal with trucking-related issues.
May 3, 2001Trucking Technology Report - May 3
Subways May Get Phone-Friendly; Fla. Company Tests New Truck Technology; Trucking Firm, Import Agent Team Up; and more...
May 3, 2001Factory Orders Rise for First Time in 2001
An increase in demand for transportation equipment in March sent orders to U.S. factories up for the first time this year, the Commerce Department said.
May 2, 2001Underwriters Are Leaving the Truck Liability Market as Rates Continue to Rise
Like many small trucking companies, Gasel Transportation Lines has faced many tough issues lately. The Marietta, Ohio, truckload carrier, which generated $12.5 million in revenue last year, attempted to offset higher fuel costs by raising rates and buying new, more fuel-efficient tractors.
May 2, 2001