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Consumer Sentiment Index Dips in August
The University of Michigan said Friday its consumer sentiment index fell to 87.6 in August, which was below the preliminary estimate two weeks ago, July's final reading and analysts' expectations.
August 30, 2002Slack Orders Force Layoffs at Peterbilt and Kenworth
Truck manufacturers Peterbilt Motor Co. and Kenworth Truck Co. last week said they would lay off a total of 700 to 800 workers due to a sharp drop in fall sales orders.
August 30, 2002Letter to the Editor: Language Issue
In his Aug. 5 letter, Jerry Piotrowski asserts that Mexican drivers should be barred from the U.S. because they do not speak English.
August 30, 2002News Briefs - Aug. 30
WTO Allows EU's Sanctions Against U.S. • Air Cargo Rises 5.9% in July • Teamsters Approve UPS Contract • NFI to Purchase Core Carriers • And more...
August 30, 2002Roadway to Miss 3Q Projections as Tonnage Slips
Roadway Corp., the parent of three trucking firms including Roadway Express, said Thursday its tonnage and revenue levels for its fiscal third quarter ending Sept. 7 have been lower than previous internal projections.
August 29, 2002Economy Grew at at 1.1% Rate in 2Q
The U.S. economy grew at a 1.1% annual rate in the second quarter of 2002, which is the same as the Commerce Department initially estimated last month.
August 29, 2002Two Trucking Associations Help Take Hay to Colorado Farmers
The Colorado Motor Carriers Association and the Wisconsin Motor Carriers Association helped organize trucking companies to haul donated hay from Wisconsin to drought-stricken farmers and ranchers in southwest Colorado.
August 29, 2002Canary: ATA to Keep Pushing Engine Fight Beyond October
American Trucking Associations will keep fighting the Oct. 1 federal deadline for new trucks to use reduced-emissions diesel engines, but will also educate policymakers about future regulatory deadlines, ATA President William J. Canary said.
August 29, 2002News Briefs - Aug. 29
Peterbilt to Lay Off 500 Workers at Truck Plant • OPEC May Boost Output in September • Initial Jobless Claims Rise to 403,000 • Daimler Seen Cutting Costs at Truck Units • And more ...
August 29, 2002TL Leader Tests Engines; Gives None Passing Grade
GREEN BAY, Wis. — Officials at Schneider National, the nation’s largest truckload carrier, said they have tested several engines being marketed in response to an Oct. 1 federal emissions change deadline but have not found any that meet the company’s needs.
August 28, 2002