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News Briefs - June 4
Price of Crude Oil Falls 9% Since Setting Record • Oklahoma Trucking Service Agent Pleads Guilty • Canadian Trucking Firms Turn to U.K. for Drivers • Rail Intermodal Traffic Up 13.6% in May • And more...
June 4, 2004Payrolls Grow By 248,000 in May
Employers added 248,000 workers to payrolls in May, the Labor Department reported Friday, as manufacturing employment rose the most since August 1998 and hours worked at factories were the highest since October 2000..
June 4, 2004FMCSA's New-Driver Rules Mandate Additional Training
New-driver regulations the Department of Transportation released last week will require all new heavy-truck drivers to go through another set of classes beyond what it takes to get a commercial driver license.
June 4, 2004DOT May Expand Drug-Testing Program
The Department of Transportation may adopt changes in drug-testing procedures that would include testing hair samples and on-the-spot mouth swabs for safety-related employment such as truck drivers, an agency spokesman said.
June 4, 2004News Briefs - June 3
ISM Services Index Falls From Record in May • Other LTLs Benefiting From Closing of Red Star • First-Quarter Productivity Rises 3.8% • Jobless Claims Rise by 6,000 in Latest Week • And more...
June 3, 2004Con-Way to Launch New Truckload Company
Con-Way Transportation Services Inc. said Thursday it has formed Con-Way Truckload, a new operating company scheduled to begin operations in the first quarter of 2005..
June 3, 2004OPEC Agrees to Increase Output Quotas
The OPEC oil cartel on Thursday agreed to raise output limits next month by 2 million barrels a day, or 8.5%, the biggest increase in more than six years.
June 3, 2004Factory Orders Decline 1.7% in April
New orders at factories declined 1.7% to $356.9 billion, the largest drop in a year, the Commerce Department said Thursday.
June 3, 2004Fleets Raise Fuel Surcharges in Bid to Recoup Cost Hikes
Aside from the general freight-rate hikes some less-than-truckload carriers posted recently, fleets are passing additional cost increases to shippers as they adjust fuel surcharges to recoup fast-rising fuel prices.
June 3, 2004So. Calif. Counties Bid for Jobs, Freight Yards
SAN BERNARDINO, Calif. — Owners of two former Air Force bases are in negotiations with the two largest U.S. freight railroads to build intermodal exchange facilities here that would distribute cargo from the ports of Los Angeles and Long Beach across the nation.
June 3, 2004