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DOT to Review New Ways to Improve Motor Carrier Safety; Asks for Public Comment
The U.S. Department of Transportation's Federal Motor Carrier Safety Administration today announced plans to conduct a comprehensive review of how the agency can best monitor and assess the safety of the nation's motor carriers and ensure their compliance with federal regulations.
August 23, 2004Technology Briefs - Aug. 17 - Aug. 23
Freightliner Offers In-Dash Scales for Trucks With Air Suspensions • Schneider Launches QuickPay Service • Quickway Carriers to Install Maddocks' Software
August 23, 2004Citing Strong Demand, FedEx Raises Earnings Guidance
FedEx Corp. said Monday it was raising its guidance for the fiscal 2005 first quarter and fiscal year due to "strong demand" at its international express, ground and less-than-truckload services.
August 23, 2004News Briefs - Aug. 20
USF’s DiStasio Gives Bergmann Added Duties • Jufors to Become Volvo Trucks President in November • Truckers Say Long Delays Remain at Port of Miami • Heritage Buys R.R. Donnelley Unit • And more...
August 20, 2004Oil Price Continues Rising; Analysts Warn of Economic Slowdown
As the price of crude oil futures moved closer to $50 a barrel for the first time, concerns were growing that sustained record prices could damage the U.S. and world economies, news services reported.
August 20, 2004Opinion: There’s a Bad Moon on the Rise
Click here to write a Letter to the Editor. f trucking companies, owner-operators and shippers did not like the hours-of-service regulations that went into effect Jan. 4, they could hate what the Federal Motor Carrier Safety Administration comes up with following the decision in Public Citizen v. FMCSA.
August 20, 2004LTL Execs See Rising Demand, Rates Behind Growth in Quarterly Profits
In a flurry of second-quarter earnings reports, many less-than-truckload carriers reported higher profits as they hauled more freight and increased freight rates in an improved economy.
August 20, 2004Crude Prices Fall as Iraqi Violence Subsides
Crude oil futures fell from record highs Friday after Iraqi authorities took control of an embattled mosque in Najaf after a weeklong standoff between militants and government and U.S. troops, Bloomberg News reported.
August 20, 2004With Court's HOS Deadline Near, FMCSA Seen Preparing Response
As the deadline to replace the court-rejected hours-of-service rules for truck drivers drew nearer, various industry officials said they expected the government to ask the court to stay its decision so regulators would have time to develop another set of regulations.
August 20, 2004Price of Oil Tops $48 a Barrel on Thursday in New York
The price of crude oil futures in New York rose above $48 a barrel for the first time in its 21-year history..
August 19, 2004