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IMF Warns of a Global Recesssion; Celadon Announces Losses for 4Q, Fiscal Year; Venezuelan Truckers Disrupt Gasoline Supplies; EPA Asked to Mandate Ultra-Low Sulfur Diesel Fuel; and more...

LONDON — More than 350,000 screaming fans recently packed into an arena in the woods of Germany to watch 100-mile-per-hour big rigs battle it out to see who was the fastest trucker around.

The restructuring of Trism Inc. into a truckload carrier specializing in hazardous freight has caused Edward L. McCormick, the company’s former chairman and chief executive, to retreat from his plan to purchase a controlling interest in the firm.

Click here to write your own Letter to the Editor.I agree with Robert S. Abbott’s perspective on the Department of Transportation’s safety compliance review process (Opinion: “The Problem With Safety Ratings,” 7-30, p. 9).

The used truck market, especially for trucks with sleeper cabs, has become a buyers’ market. Most major carriers turn in their sleeper trucks every three to five years, so the sheer amount of sleepers on the market vastly outnumbers the individuals looking for a quality used sleeper truck.

Dow Industrials Close Below 10,000; Personal Spending Makes Smallest Increase in 9 Mos.; Price of Gasoline Still Soars in Chicago; Oklahoma House Looks to End Road Tolls; and more...

Silicon Valley ���ϳԹ��� to Infamous Dead Zone; IBM Debuts High-Tech Car; Two Gasoline Giants Unveil Truck Stop Locator; and more ...

The National Transportation Safety Board is recommending that commercial drivers pass more rigorous medical exams to get behind the wheel, news services reported.

The Commerce Department delivered another round of bad news in a report released Wednesday as it revised its gross domestic product figures for the second quarter down by a half-percent.

More than 5,700 trucking companies have gone bankrupt in the past 18 months, victims of the economic slowdown, falling freight volumes and rising costs, the chairman of American Trucking Associations told President Bush’s top economic advisers last week.