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Security & Safety Briefs - July 22 - July 28

Cargo Backlog at Port Raises Security Concerns • Congress Approves $8.2 Billion Budget for Coast Guard • Philadelphia-Bound Turkish Ship Detoured • Senate Confirms Stone for TSA Post

July 28, 2004

Xtra Names Franz New CEO

Transportation equipment lessor Xtra Corp. said Tuesday that Bill Franz was named the company's new chief executive officer.

July 28, 2004

Price of Crude Oil Hits Another Record in New York

The price of crude oil futures in New York rose above $43 a barrel on Wednesday for the first time, Bloomberg reported.

July 28, 2004

Durable Orders Rise 0.7% in June

Orders for durable goods rose in the United States rose 0.7% in June, the first increase in three months, the Commerce Department said Wednesday.

July 28, 2004

HOS Ruling Raises Uncertainty About Future Fleet Operations

Motor carrier executives and shipper groups last week said they were uncertain how the court decision throwing out the new driver hours-of-service rules would affect fleet operations in coming weeks.

July 28, 2004

Opinion: Look at the Steamship Lines

Without resolution to issues at America’s ports, the future of intermodal freight capacity is at stake. ATA is calling on the businesses that operate near U.S. ports to help bring relief to millions of Americans who move our nation’s intermodal freight..

July 28, 2004

New Jersey Supreme Court Overturns Hazmat Fee

The New Jersey Supreme Court on July 19 struck down the state’s $212 hazardous materials transporter fee, in a decision stemming from a suit American Trucking Associations had brought against the state.

July 28, 2004

Tennessee Trucking Association Names New President

The Tennessee Trucking Association said it named David Huneryager as its new president, ending a search that lasted more than four months.

July 28, 2004

Freightliner to Add Second Shift in Portland

Freightliner LLC said Wednesday it would begin a second shift and add about 700 employees at its truck manufacturing plant in Portland, Ore.

July 28, 2004

Federal Reserve Says Economy Cooled in June, July

The Federal Reserve said Wednesday the U.S. economy expanded at a slower rate in June and early July, despite a strong performance from trucking and transportation firms throughout much of the country.

July 28, 2004