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Sandberg Asks Senate To Include HOS in Bill

Annette Sandberg, administrator of the Federal Motor Carrier Safety Administration, last week asked a Senate subcommittee to include truck drivers’ hours-of-service rules in the multiyear highway funding bill because it would help establish clear guidelines and eliminate the uncertainty surrounding the issue.

April 13, 2005

Qualcomm's Wireless Unit President Chris Wolfe to Resign

Chris Wolfe resigned as president of Qualcomm Inc.’s wireless business unit and was replaced by Joan Waltman, the company’s vice president of engineering, Qualcomm said Wednesday.

April 13, 2005

House Panel Approves Postal Reform Bill

A House committee approved a bill Wednesday that would allow the U.S. Postal Service to raise rates more easily and operate more like a private business, Bloomberg reported.

April 13, 2005

Crude Oil Prices Fall Following Strong Inventory Report

Crude oil prices continued to fall Wednesday, dropping below $51 a barrel following a Department of Energy report showing strong inventories for both oil and gasoline.

April 13, 2005

P.A.M.'s Board Authorizes Stock Repurchase

Truckload carrier P.A.M. Transportation Services Inc. said late Monday its board of directors had authorized the company to repurchase up to 600,000 shares of its common stock over the next six months.

April 12, 2005

U.S. Trade Deficit Hit Record $61 Bln. in February

The U.S. trade deficit rose to an all-time high of $61 billion in February, the Commerce Department reported Tuesday.

April 12, 2005

Governors' Group Reportedly Seeking Increased Ethanol Use

Thirty-three U.S. governors are seeking to expand federal mandates for the use of ethanol as a fuel additive, the Wall Street Journal reported Tuesday.

April 12, 2005

ATA Names New Regional Vice President

American Trucking Associations said last week it had named John McKinnon regional vice president for the mid-South, comprising North Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky and Tennessee.

April 12, 2005

FMCSA Speaks Against Mandatory Fuel Surcharge

The head of the Federal Motor Carrier Safety Administration said the agency opposed a congressional measure that would require shippers to pay a fuel surcharge to truckload carriers.

April 12, 2005

ATA’s Revised February Tonnage Index Drops 2.4%

Overall trucking freight volumes fell 2.4% on a seasonally adjusted basis to 115.5 in February, according to an updated American Trucking Associations index released Tuesday.

April 12, 2005