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House Committee Passes Six-Year Highway Bill

A House panel approved a six-year, $284 billion highway bill late Wednesday, clearing the way for the measure to move to the House floor next week.

March 3, 2005

Fourth-Quarter Productivity Rises at 2.1% Rate

U.S. workers’ productivity grew at a 2.1% annual rate in the fourth quarter, faster than previously estimated, the Labor Department reported Thursday.

March 3, 2005

ISM Services Index Rises to 59.8 in February

The Institute for Supply Management said Thursday its services index rose to 59.8 in February, from 59.2 in January.

March 3, 2005

January Wholesale Truck Prices Show Largest Gain in 5 Years

U.S. wholesale prices for heavy motor trucks jumped 1.6% in January, marking their largest monthly increase in more than five years, as equipment makers continued to pass along higher costs for raw materials, including steel, aluminum, wood and rubber.

March 3, 2005

DHL Americas’ Ernst Sees No Profit Until 2006

The DHL Americas unit of Deutsche Post World Net won’t make a profit until the fourth quarter of 2006, partly because the company is unable to charge as much as its main competitors because of service issues, the parent company’s chief financial officer said.

March 3, 2005

Crude Oil Closes at $53.57 a Barrel

Light sweet crude oil futures closed at $53.57 a barrel on the New York Mercantile Exchange Thursday.

March 3, 2005

News Briefs - March 3

USF Sells Reverse Logistics Unit • EGL's Profits Rise, Company Gains $6 Mln. in EEOC Settlement • Vitran Approved to Trade on Nasdaq • Jobless Claims Drop for Fourth Time in Five Weeks • And more...

March 3, 2005

TSA Denies ATA Petition For Hazmat Plan Delay

The Transportation Security Administration has denied a petition by American Trucking Associations that sought to delay the agency’s plan to fingerprint drivers of hazardous materials, and that all states be required to use a single TSA-chosen contractor.

March 2, 2005

TMC Discusses Corrosion, Heat, Tires

TAMPA. Fla. — Corrosion prevention, higher under-hood temperatures and truck-tire technologies were among industry trends covered in technical sessions at the Technology & Maintenance Council’s annual meeting here Feb. 15-18.

March 2, 2005

Energy Firms Seek to Make Diesel From Other Fuels

Several petroleum companies are exploring technology that would turn natural gas and coal into a liquid fuel that would have the efficiency of diesel fuel but would run cleaner, industry experts said.

March 2, 2005