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Economy: The Damage Spreads

When the Federal Reserve cut U.S. interest rates half a percentage point last week, setting off a new downward spiral for the stock market, the problem was not just that the Fed had disappointed widespread hopes for a bigger rate cut.

March 23, 2001

Kenworth GM Warns Truck Market Woes to Continue

LOUISVILLE, Ky. — Speaking this past week at the Mid-America Trucking Show here, Kenworth Trucks General Manager Ed Caudill said trucking’s tough times will continue through this year and will not go away soon.

March 23, 2001

Freightliner’s Hebe Has Plan for Truck Industry

LOUISVILLE, Ky. – James Hebe, president of Freightliner Corp., unveiled March 21 a series of programs he said are designed to “rebuild the North American heavy-duty used truck industry” by dealing with the used truck crisis.

March 22, 2001

Executive Briefing - March 22

Eaton Aims Automatic at Medium Trucks; Slowing Economy Hurting UPS Profits; Transplace.com Allies With Associated Warehouses; Natso Praises Minn. Biodiesel Bill's Demise; and more...

March 22, 2001

Hebe Disputes Overproduction Claims

LOUISVILLE, Ky. - Those who blame overproduction for current problems in the market for big rig class 8 trucks are taking an "idiot's view" of the situation, Freightliner President James Hebe said here Wednesday.

March 22, 2001

Truck Shows’ Popularity Draws Significant Sponsors, Helps Charities

Truckers love to show off. They also like to glimpse some of the other best-looking tractors and trailers around. That’s why truck shows are proliferating across the country, attracting significant sponsorships in the process.

March 22, 2001

U.S. Leading Indictors Fall Again; Continued Slowing Predicted

In another gloomy report about the economic outlook, the Conference Board said Thursday that its index of U.S. leading economic indicators dropped 0.3% in February.

March 22, 2001

Trucking Technology Report - March 22

Today's Technology Headlines: Handhelds: Virus Threat Targeted; Canada Could Silence Annoying Cell Phones; Wholesaler Tests Wireless Ordering;

March 22, 2001

CPI Rises 0.3%, Giving Economy Mixed Signals

Led by higher costs for food, clothing and airline tickets, U.S. consumer prices rose more than expected in February.

March 21, 2001

Executive Briefing - March 21

Goodyear 2001 Truck Tire Sales Down Sharply; Court Rejects Emery on USPS-FedEx Deal; FedEx Earnings Fall; DHL Asks DOT to Dismiss UPS/FedEx Complaint; Uncertain on Future; Procter & Gamble May Cut Jobs; and more to come...

March 21, 2001