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Hopes Dim for Early Fed Rate Move
Business hopes that the Federal Reserve might go ahead and cut interest rates this week, instead of waiting for its March 20 policy panel meeting, were doused Wednesday as Fed Chairman Alan Greenspan addressed the House Financial Services Committee.
February 28, 2001Industry Actions May Confirm Hebes Used Truck Warning
Many of the truckload carriers that have fueled the truck sales boom in recent years are now cutting back on purchases and keeping equipment on the road longer because of a slowing economy.
February 28, 2001Drop in Trailer Shipments Mirrors Trucks, Economy
The U.S. trailer industry closed out 2000 with shipments 20% below the previous year, mirroring the truck manufacturing industry.
February 28, 2001Executive Briefing - Feb. 28
Johnson Controls To Cut 300 Jobs; Parts-Maker Core Materials Blames Trucks for Loss; OTR Shows 4Q Loss, Downsizing Plans; U.S. Economic Growth Revised Weaker; and more . . .
February 28, 2001Significant Earthquake Reported in Seattle, Portland, Vancouver
News services reported a significant earthquake hit the region that includes Seattle, Portland Ore. and Vancouver, B.C.
February 28, 2001Texas Movers Certification Program Is Viewed as a National Model
A new industry-driven certification and incentives program for moving companies in Texas has the possibility of growing into a national program.
February 28, 2001Pennsylvania Turnpike to Add More Rest Spaces for Truckers
Because of a 1998 seven-fatality crash, the Pennsylvania Turnpike will build several new service plazas for motorists and refurbish old plazas to be used exclusively by trucks.
February 28, 2001Trucking Technology Report - Feb. 28
NJ Township Says Drivers Beware of Phone Ban; Broadband's a Nice Pace if You Can Get It; AT&T Wireless Could Pay Nearly $1 Billion to Airwave artners; Cargill Is Serving Up E-Commerce; Creating the Formula to Aid the Back Office.
February 28, 2001Supreme Court Upholds Clean Air Rules
In a ruling that has major implications for the U.S. trucking industry, the Supreme Court on Tuesday voted unanimously to support the way the federal government sets air quality standards.
February 27, 2001EPA to Let Engine Makers Turn Off Pollution Controls
The Environmental Protection Agency has agreed to let six diesel engine makers install pollution-control shutoff equipment on their 2002 engines, three years after imposing more than $1 billion in penalties on the manufacturers for using similar defeat devices to beat clean air tests.
February 27, 2001