ºÚÁϳԹÏÍø

Some truck cargo crossing U.S. land borders at Laredo, Texas, and Port Huron, Mich., will bypass secondary inspection lanes during a 60-day Customs Service experiment on automated processing beginning this month.

Congress Works to Wrap Up Tax Cut Bill; Cannon Says It Is Not Bankrupt; UPS Completes Fritz Purchase, Plans New Unit; Flooding Will Cut BNSF’s Earnings, BNSF Says; and more...

Slumping sales at the nation’s biggest truck manufacturer have forced James L. Hebe to step down as chief executive officer of Freightliner and give way to former Chief Financial Officer Rainer Schmueckle, who has been named by the parent company DaimlerChrysler to replace him.

(Editor's Note: The following is a copy of a press release from DaimlerChrysler on Friday.) aimlerChrysler announced today that its Board of Management has accepted the resignation of Mr. Jim Hebe, President of Freightliner LLC, a business unit of the Commercial Vehicles Division. The Board also announced the appointment of Mr. Rainer Schmueckle as Mr. Hebe's successor.

WebLink Wireless Files for Chapter 11; Analysis Reduces Returns; Carriers Post Special Rates on Internet; and more...

NEW YORK — Having endured a year-and-a-half of searing competition that produced a raft of hardscrabble balance sheets, some of the nation’s most prominent truckload executives told a investors gathering here that just a bit more perseverance on the part of carriers will result in lavish rewards for both themselves and their financial backers.

The Department of Transportation has done little to prepare for opening the entire United States to Mexican trucks, and there is still a critical need for more inspectors and facilities in the four border states, according to an interim report from DOT’s inspector general.

LAS VEGAS — Three companies attempting to streamline shipper and carrier transactions through private information exchanges appear to have shut down or have been sold this May, according to transportation industry executives. Two of the faded operations specialized in the global container shipping industry.

U.S. sales of new homes in April posted their largest decline in four years, the Commerce Department reported Thursday.

The Senate approved a $1.35 trillion tax cut package on Wednesday that includes across-the-board income tax rate cuts, news services reported.