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Opinion: 'It’s the Rates, Stupid'
"It’s the Economy, Stupid" was the mantra of the 1992 Clinton campaign that helped win the White House. It focused that candidate and his staff on what was core to their success. With a slight change, the slogan is readily adaptable to the economic situation that the tank truck segment of the trucking industry experiences today: "It’s the Rates, Stupid."
May 29, 2001Confidence, Spending Up; Durables Spending Down
Two new economic reports on Tuesday showed a general improvement in attitudes and spending patterns of U.S. consumers, but also showed that factories making durable goods continue to face a slump in demand.
May 29, 2001Truck Maker Isuzu to Cut 9,700 Jobs
A second straight year of losses will push Japanese vehicle maker Isuzu Motors to cut 9,700 jobs in Japan over the next three years, according to news reports.
May 29, 2001Reports Warn on Daimler Projects With Caterpillar, Hyundai
Separate news reports this week said that a joint venture in the United States between truck and car manufacturer DaimlerChrysler AG and Caterpillar is near collapse, while the German company’s planned Asia truck venture with Hyundai Motor Co. will be delayed.
May 29, 2001Executive Briefing - May 29
Supervalu to Close 30 Stores, Lay Off 2,250; Fires in Florida Making Driving Difficult; Congress Approves Tax Cut Bill; Kingsley Coach Gets Increased Credit; and more...
May 29, 2001Diesel Jumps 3.5 Cents a Gallon
The Memorial Day holiday dawned to the highest U.S. diesel fuel prices in nearly four months, as an increase in every region combined to produce a national average price of $1.529 per gallon. That is 3.5 cents above the previous week.
May 29, 2001Dana Signs Deal to Supply Paccar
Dana Corp. has entered into an agreement to be a supplier of standard equipment for Paccar trucks.
May 29, 2001Trucking Technology Report - May 29
EchoStar Is Pursuing Hughes Bid Despite Losing Ally; Senate Confirms Bush Nominees to FTC and FCC; Service Provider Delivers E-Commerce Security; and more...
May 29, 2001GDP Revised Down; Durable Orders Tumble
A series of economic reports released on Friday appear to show that while the economy has continued to struggle so far in 2001, there are signs it may pick up later in the year.
May 25, 2001CVSA Will Be Forum for Critics of Safety to Meet With Truckers
NEW ORLEANS — Trucking interests say they will invite groups critical of trucking safety to meetings of the Commercial Vehicle Safety Alliance and seek their input on safety enforcement issues.
May 25, 2001