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Sprint, Nextel Agree to Merger
Sprint Corp. and Nextel Communications Inc. said Wednesday they had agreed to merge. The $35 billion deal would create the nation's third largest wireless telephone service provider.
December 15, 2004Security & Safety Briefs - Dec. 9 - Dec. 15
L.A. Airport Watches for Portable Missile Attacks • Kerik Withdraws Name for 91ÊÓÆµland Security Director
December 15, 2004News Briefs - Dec. 15
Price of Crude Oil Rises Nearly 6% on Wednesday • J.B. Hunt Increases Dividend; Will Repurchase Shares • Kansas Government Opens New Trucking Center • Commerce Department Lowers Tariffs on Canadian Lumber • And more...
December 15, 2004Industrial Production Rises 0.3% in November
Industrial production in the United States rose 0.3% in November, while the portion of industrial capacity put to use rose to 77.6% from 77.5%, the highest since May 2001, the Federal Reserve reported.
December 14, 2004Diesel Price Falls Another 7.2 Cents to $1.997
The Department of Energy said Monday the national average price of diesel fuel declined 7.2 cents to $1.997 a gallon, the lowest price in nearly three months.
December 14, 2004News Briefs - Dec. 14
DHL Selects New Hub in California • Trade Deficit Rises to Record, Commerce Says • Schneider Raising Pay for Truck Driver in 2005 • USF Holland Opens New Terminals • And more...
December 14, 2004Congress Must Start Over on Highway Funding Bill
Congress did not pass legislation authorizing new multi-year transportation spending before it adjourned last week, so the 109th Congress will have to start over with the measure after it convenes in January, congressional committee staff members said.
December 14, 2004Fed Raises Interest Rates to 2.25%
The Federal Reserve on Tuesday unanimously raised the benchmark U.S. interest rate a quarter-point to 2.25%, the highest since November 2001, and again said it would carry out additional increases at a "measured" pace.
December 14, 2004Letter to the Editor: Double Standards
Click here to write a Letter to the Editor. truly understand the frustration of drivers and transportation companies concerning the double standards for automobiles and commercial vehicles. My husband and I were once owner-operators and I have seen the hazardous mistakes that automobile drivers commit.
December 14, 2004Roper Completes Purchase of TransCore
Roper Industries Inc. said it completed the acquisition of TransCore Holdings Inc. In October, Roper said would buy TransCore from an investor group led by KRG Capital Partners LLC for about $600 million.
December 14, 2004