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Big-Truck Dealers Are Awash in a 'Perfect Storm'

The situation in the big-truck market has been described as the perfect storm, after the hit movie that described a situation when a series of weather elements combined to create a once-in-a-lifetime killer tempest.

April 25, 2001

Executive Briefing - April 25

Calif. Refinery Fire May Drive Gas Prices Up; Cummins Chief Lobbies for Indiana Loan; Ryder to Close D.C. Office; Bush to Compromise on Taxes; and more...

April 25, 2001

March U.S. Durables Orders Show Mixed Picture

In a hopeful but mixed sign for the manufacturing economy -- a huge customer base for the trucking industry - the U.S. Commerce Department said Wednesday that overall new orders for durable goods from U.S. factories rose 3% in March.

April 25, 2001

Trucking Technology Report - April 25

Sony Earmarks $500 Million for Ericsson Deal; Wireless Leaders Caucus on New Initiative; New Wideband Chips Seen By Year's End; ; and more...

April 25, 2001

Wabash Reports Big 1Q Loss

Trailer maker Wabash National reported an adjusted loss of $10.4 million, or 45 cents per share for the first quarter, compared with a gain of $9.1 million, or 38 cents a share, for the same quarter of 2000.

April 24, 2001

U.S. Consumer Confidence Falls Again

The Conference Board reported Tuesday that its consumer confidence index fell sharply this month, in another bad sign for future freight activity.

April 24, 2001

Executive Briefing - April 24

Allied Holdings Loss Widens as Auto Production Falls; Motor Cargo Reports Record Earnings; Manufacturers Announce More Job Cuts; Atlas Air Cites Record Revenues, Profit; and more...

April 24, 2001

Summit Seeks Intermodal Responsibility in Virginia

A discussion among trucking and steamship executives about who has responsibility for the condition of intermodal road equipment could lead to a business, rather than legislative, solution for Virginia ports by July, state officials say.

April 24, 2001

Opinion: Higher Speeding Fines for Truckers Aren't Discriminatory

Eighty thousand pounds at 80 miles per hour is unacceptable. Well, maybe on the Autobahn, but not on South Carolinas Interstates. Not on crowded urban stretches.

April 24, 2001