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U.S. Economy Now Stalled, Greenspan Says

Federal Reserve Chairman Alan Greenspan said U.S. economic growth is near zero, something many trucking companies have already been seeing in freight shipments.

January 25, 2001

Chao Declines to Commit to Ergo Rules

Labor Secretary-nominee Elaine Chao, in her confirmation hearing Wednesday before a Senate committee, reportedly declined to commit herself to the broad-ranging and controversial workplace safety or ergonomics standards issued by the outgoing Clinton administration.

January 24, 2001

Penske Offers to Pay $2 Billion for Rollins

The wave of mergers sweeping through trucking came to the industry’s leasing sector Jan. 15, when No. 2 Penske Truck Leasing announced it will buy No. 3 Rollins Truck Leasing in a $2 billion deal that threatens Ryder System’s position as the nation’s largest full-service leasing company.

January 24, 2001

Diesel Price Falls 1.1 Cents

The national average price of diesel fuel fell by 1.1 cents a gallon last week to stand at $1.509 a gallon on Jan. 15, the lowest point since late August and the sixth price drop in the past seven weeks reported by the Energy Information Administration.

January 24, 2001

N.Y. Port Agency Seeks Big Truck Toll Hikes

Crossing the Hudson River into New York City will take as much as a 75% bigger bite from truckers’ wallets if the Port Authority of New York and New Jersey’s proposed toll increase goes through.

January 24, 2001

Truckers Look to Tires In Ongoing Drive to Trim Operating Costs

Air has always been an important factor in maintaining a heavy-duty, over-the-road truck.

January 24, 2001

2000 Goes Down in History As Second Best for Truck Sales

If Charles Dickens were writing about U.S. Class 8 truck sales in 2000, he might have said: “It was almost the best of years; it was the worst of years.â€

January 24, 2001

Labor Mattered in Election, AFL-CIO Official Contends

George W. Bush may have won the 2000 election, but organized labor made its voice heard, securing victories for Vice President Al Gore in Michigan, Pennsylvania, Minnesota and Washington, providing the margin of victory for labor-backed senatorial candidates in at least four states and beating back anti-union referendums in Oregon and Colorado.

January 24, 2001

TMC Adds Information Technology to Its Portfolio

Recognizing that information management is a key component of moving freight, the American Trucking Associations Maintenance Council will reorganize to promote integration of advanced communications and logistics technology into the computer systems on a standard truck.

January 24, 2001

Cardinal’s Clicklogistics Enters Dot.com Market

An online logistics provider is jumping into a market that has thus far failed to produce any clear winners.

January 24, 2001