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Mack to Cut About 12% of Workforce
Mack Trucks said it will cut jobs at three different plants, reducing its workforce by about 12%, due to weakness in the heavy truck market.
April 2, 2001Executive Briefing - April 2
EGL Wins Military Logistics Contract; Report: Daimler to Buy Volvo's Stake in Mitsubishi; CD&L Sells Air Division; Con-Way to Enter Air Freight Forwarding; and more...
April 2, 2001U.S. Diesel Price Rises First Time in Nine Weeks
The U.S. average retail price for diesel fuel rose Monday for the first time in nine weeks, increasing 1.2 cents to 139.1 cents per gallon from 137.9 on March 26, the Energy Department reported.
April 2, 2001Trucking Technology Report - April 2
Today's Technology Headlines: Agencies Warn of Radio Spectrum Shortage; Satellite Venture Seeks Land-Based Service; Device to Transmit Inventory Update; Ocean Carriers Create Online Communities; and Supply-Change Automation Requires Strategy
April 2, 2001Chicago, Milwaukee Factory Gauges Weaken Again
In separate reports that show a further decline in manufacturing activity for key Midwestern markets, factory purchasing managers in Chicago and Milwaukee said conditions worsened again in March for their members.
March 30, 2001Exide to Close Plants, Cut Jobs
Exide Technologies said Friday that it is closing two vehicle battery manufacturing plants in North America and cutting jobs at two facilities in Europe as part of its ongoing restructuring.
March 30, 2001Executive Briefing - March 30
Volvo, Scania Prepared to Cut Jobs; PG&E May Take $6.9 Billion Charge; Ford Cutting 830 Jobs at Truck Plant; Emery Says 99% of Profit Came From Mail Contract; and more...
March 30, 2001Trucking Technology Report - March 30
Today's Technology Headlines: Wireless Web Grows Slowly; Fedex's Barcode System Helps Track Items; Suppliers Warming Up to Online Buying; Despite Job Cuts, Motorola's Wireless Devices Sell
March 30, 2001Used Truck Dealers Grapple With Surplus
MIAMI — The problem with used trucks is a simple one. Supply is greater than demand, and that is unlikely to change for at least two or three more years.
March 30, 2001Eaton Chief Expects Truck Sales to Rebound
MIAMI — Despite a 50% drop in production of heavy-duty trucks during the past year, the chairman of Eaton Corp. said he is optimistic about an economic recovery and expansion of truck sales.
March 30, 2001