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Editorial: More Help From the Fed
The signs of a faltering national economy are all around us, as more and more companies report plummeting earnings, the jobless rate rises and investment spending falls.
May 14, 2001Reports Find Business Inventories, Industrial Output Fall
Economic indicators were mixed over the past two months, according to government reports, as both inventories and industrial production fell, and demand for goods remained sluggish.
May 14, 2001Bush to Seek Energy Conservation, Mineta Says
President Bush will respond to public concerns by expanding the conservation portion of his energy strategy to be released later this week, Secretary of Transportation Norman Mineta said.
May 14, 2001Executive Briefing - May 14
Fed Expected to Cut Interest Rates Tuesday; Cummins, International End Talks; Agere Systems Cutting Jobs; Emons’ Net Income Rises 143%; and more...
May 14, 2001Diesel Hits $1.491, Highest Since Feb. 12
The price of diesel fuel gained another 2.1 cents per gallon last week, taking it to $1.491, which is the highest average price seen since Feb. 12, according to a survey conducted by the Energy Information Administration.
May 14, 2001Trucking Technology Report - May 14
Metrocall Cancels Bid for Merger; Report Shows Global Technology Gaps; Trucker McLane Rolls Out Wireless Vehicle System; and more...
May 14, 2001Trucking Companies Extending Purchasing Cycles
NEW YORK – Some of the largest names in trucking said this morning they will scrap their systems of purchasing Class 8 tractors in three-year cycles in favor in four- or five-year purchase regimes.
May 11, 2001'Mobile Warehouses' Expected to Increase Savings - at Expense of Smaller Carriers
The rising use of lead logistics providers by shippers could increase the total demand for trucking services, according to a number of logistics executives. But, they also say, that could lead to the creation of castes of winners and losers within the industry.
May 11, 2001Cardboard Gives Way to Plastic in Produce Logistics
Tough days may be ahead for corrugated cardboard as reusable plastic containers and wireless technology gain popularity in the produce-shipment world, say people who follow packaging and container issues.
May 11, 2001Retail Sales Top Forecasts; PPI Rises
The Federal Reserve is likely to give close scrutiny to two economic reports dealing with the effect of interest rate cuts released Friday as it prepares to meet next week.
May 11, 2001