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As parts of the Southeast were dealing with heavy rains on Friday from the remnants of Hurricane Ivan, Gulf Coast states including Florida were dealing with severe highway and rail damage, news services reported..

Freightliner LLC, the largest North American maker of heavy-duty trucks, said its revenue increased 25% during the first eight months of 2004, Bloomberg reported.

The Environmental Protection Agency said the trucking industry’s lack of interest prompted the agency to cancel its plan to develop “clean corridors” in which fleets could buy ultra-low-sulfur fuel in 2005 to test 2007 diesel engines under actual operating conditions. br clear=all>

Trucking companies in Virginia lost a sales tax exemption effective Sept. 1, as the state’s new two-year budget went into effect.

September Philadelphia Fed Index Declines • CPI Rises 0.1% in August • Jobless Claims Increase in Latest Week • Survey: CFOs Less Optimistic About U.S. Economy

Hurricane Ivan reached the Golf Coast of the United States on overnight with winds of 130 mph, deadly tornadoes and heavy rains, news services reported..

The price of crude oil in New York declined on Thursday afternoon after Hurricane Ivan moved inland and crews returned to production platforms in the Gulf of Mexico off Louisiana, Bloomberg reported.

Unlike the heavy-duty truck sector, which can go years without seeing major changes in many of the Class 8 manufacturers’ units, the medium-duty sector always seems to offer at least a few models that have undergone major updates. That trend held true this year.

Millions of people from New Orleans to northwest Florida were urged to flee as Hurricane Ivan pushed across the Gulf of Mexico on a track that could bring it to the U.S. coast on Wednesday night or early Thursday, news services reported.

Industrial production in the United States rose 0.1% in August, while the proportion of industrial capacity in use remained unchanged at 77.3%, the Federal Reserve reported Wednesday.