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Philly Fed Report Shows Manufacturing Sector Improving
In a report that has some analysts optimistic that the end of the manufacturing slump could be near, the Federal Reserve Bank of Philadelphia said its monthly index of business conditions rose to -3.7 in June from -8.8 in May.
June 21, 2001Signs of Economic Recovery As LEI Rises Sharply
A key gauge of economic activity rose 0.5% in May, signaling that the U.S. economy is poised to recover some in the months ahead.
June 20, 2001California Senate Vote Favors Onboard Recorders for Trucks
Drivers of all commercial trucks operating in California would have to record their hours of service on computers in their trucks, under a bill passed by the state Senate.
June 20, 2001DOT Agency Overturns Hazmat Rule in Cleveland
The U.S. Department of Transportation has nullified guidelines on hazardous materials hauling that were adopted in Cleveland, but which were not enforced during negotiations with American Trucking Associations.
June 20, 2001Executive Briefing - June 20
House Panel Backs Bush on Mexican Trucks; Truck Driver Arrested in Fiery Atlanta Crash; Greenspan Says Inflation Not Accelerating; Hyundai, Daimler Will Join on Engine Project; and more...
June 20, 2001Trucking Technology Report - June 20
Aerodynamic Slots Reduce Drag; Cell-Phone Accident Reports Clog System; Office Depot Rolls Out Wireless Tracking System; and more...
June 20, 2001Letter to the Editor: Ombudsman Needed
I couldn’t agree more with some of the issues your reporter presented in the May 28th issue regarding driver shortage (“Cirillo Lays Blame for Driver Shortage at Industry’s Door,” p. 3).
June 19, 2001Driver Wages Flat As Slow Economy Cuts Freight Loads
Driver pay, after rising steadily in recent years in response to growing demand for truckload freight hauling and a shrinking pool of qualified applicants, may have reached a plateau and could be trending downward, according to a new national survey.
June 19, 2001Analysts See Trouble Ahead For Truck Company Stocks
Is the party over for trucking stocks? After seeing prices appreciate as much as 64% over the past year, trucking equity analyst James J. Valentine of Morgan Stanley Dean Witter downgraded his four truckload stock picks from “outperform” to “neutral” on May 7 and said he doesn’t expect trucking stocks to rebound until mid-2002.
June 19, 2001Housing Starts Fall 0.4% in May
ϳԹ construction in the United States edged down in May, but still remained at healthy levels, the Commerce Department reported Tuesday.
June 19, 2001