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News Briefs - July 9
FedEx Said to Plan So. California Distribution Hub Oil Prices Top $40 for Second Day Oshkosh Truck Completes Purchase of Jerr-Dan Dana to Sell Parts Unit And more ...
July 9, 2004Wholesale Inventories Rose 1.2% in May
U.S. wholesale inventories rose by 1.2% in May, the ninth increase in a row, as more companies kept goods on hand to satisfy rising demand, the Commerce Department said Friday.
July 9, 2004Letter to the Editor: Fuel Prices
Click here to write a Letter to the Editor. he other day, a passenger in my vehicle saw a gas station selling regular unleaded for $1.82 per gallon and remarked Wow, thats pretty good! Compared to what? We have all seen this type of price manipulation before, but probably not on the grand scale taking place now.
July 9, 2004Fleet Officials: HOS Problems Are Fewer Than Anticipated
DALLAS The costs of lost productivity and higher driver wages resulting from new federal hours-of-service rules for drivers were lower than truckload carriers originally anticipated, fleet officials and American Trucking Associations said.
July 9, 2004Ohio Supreme Court Rules Reefer Units Cannot Be Taxed
Ohios Supreme Court ruled 7-0 June 23 against the state tax commissioners attempt to levy a trucking company on temperature control units installed in refrigerated trailers by saying they were personal property.
July 9, 2004Union Pacific to Limit Cargo Due to Congestion
Union Pacific Corp., the largest U.S. railroad by sales, said it would turn away cargo and cut the number of trains it operates in an effort to reduce congestion, Bloomberg News reported.
July 9, 2004Trucker Strike Hampers Trade at Port of Miami
A strike by independent truckers at the Port of Miami-Dade, now in its second week, has brought trade to a standstill and has the local trade community scrambling for relief, the Miami Herald reported Thursday.
July 8, 2004Carriers See Boost From Economy, TL Overflow
At midyear, less-than-truckload carriers were enjoying a strong demand for their services as the economy continued to expand with growth coming from freight-generating manufacturers and not just service providers.
July 8, 2004Editorial: The Intermodal Freight Crisis
Click here to write a Letter to the Editor. he intermodal freight sector has been growing by leaps and bounds, and has already exceeded coal as the top revenue generator for the U.S. railroad industry.
July 8, 2004News Briefs - July 8
Yellow Says 2Q Earnings to Exceed Previous Guidance Price of Crude Oil Hits a Five-Week High in N.Y. Freightliner Spokesman Says Company May Add Workers Jobless Claims Fall to 310,000 Last Week And more...
July 8, 2004