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News Briefs - Jan. 28
ArvinMeritor Says Commercial Vehicle Markets Strengthening • Landstar Says Demand Strong Thus Far in 2004 • J.B. Hunt's Earnings Set Record in 2003 • Swift Reports Higher Profits; Says Rating Still Satisfactory • And more...
January 28, 2004Fed Keeps Rates Steady; Drops 'Considerable Period' Phrasing
Federal Reserve policy makers voted unanimously on Wednesday voted to hold the benchmark interest rate at 1%, the lowest since 1958, but dropped their commitment to hold rates low "for a considerable period."
January 28, 2004Consumer Confidence Index Rises in January
The Conference Board said Tuesday that consumer confidence rose in January to its highest level since July 2002.
January 27, 2004TRB Panel Asks Government to Coordinate Freight Data
WASHINGTON — The government should coordinate freight data collection in the United States because information on freight movement is needed to help public agencies make decisions about highway infrastructure, safety and security, economic competitiveness and environmental issues, a report by the Transportation Research Board said. br clear=all>
January 27, 2004Letter to the Editor: Hours of Service
Click here to write a Letter to the Editor.This [drivers’ workday rule] doesn’t appear to be a very well-thought-out plan. Why do we want to create a bigger shortage of drivers in an already fragile industry.
January 27, 2004News Briefs - Jan. 27
Storm Tangles Transportation for Second Day • Former Head of Chicago Trucking Program Charged With Extortion • CNF Reports Higher Profits, Names New Chairman • Caterpillar Reports Higher Net Income • And more...
January 27, 2004Existing ºÚÁϳԹÏÍø Sales Surge 6.9% in December
Sales of previously owned homes increase 6.9% in December to a 6.47 million annual pace, concluding the best year on record, the National Association of Realtors said Monday.
January 26, 2004GAO Says It Will Release Report on EPA Diesel Rules by Feb. 9
The General Accounting Office said it now wants to release by Feb. 9 its widely anticipated report on the federal government’s 2002 diesel emissions standard and its effect on the trucking industry, the agency said last week.
January 26, 2004DOT to Issue Chassis Rule
The U.S. Department of Transportation will hold companies that provide intermodal equipment to truckers responsible for maintaining that equipment, in a reversal of a policy announced just weeks ago.
January 26, 2004E&MU: Automatic Inflation Systems on the Market for Singles
Although wide-base single tires may be something of a novelty for most U.S. freight carriers and the market is still very small, a handful of component manufacturers are rolling out technology to keep single tires fully inflated on trailers.
January 26, 2004