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Freight forwarder Hub Group Inc. said late Tuesday that its profit from 1999 and 2000 was $3.3 million less than initially reported because of accounting errors at its subsidiary, Hub Group Distribution Services.

The general economic index reported by the Federal Reserve Bank of Philadelphia slipped from 16 in February to 11.4 in March, but both analysts and Fed officials remain confident that the manufacturing sector is breaking out of its slump.

Labor leaders say Freightliner LLC executives tried to intimidate workers voting Wednesday on an invitation to join the United Auto Workers union, the Associated Press reported. The charge came as DaimlerChrysler officials were pronouncing the restructuring of the heavy truck unit to be on schedule.

The U.S. economic recovery appears to be giving just a moderate boost to some trucking operations, but it is not yet clear that overall trucking demand is growing again, industry executives and analysts told Transport Topics.

Black Box Debate Rages On • Auditor Questions XM Radio’s Viability • Alltel Purchases CenturyTel’s Wireless Assets for $1.65B • DOE Offering Wireless Updates on Fuel Prices • And more...

FT. LAUDERDALE, Fla. — Volvo Trucks North America announced that it is offering a two-way satellite communications system for small fleet management called Volvo Link.

Within the next couple of weeks, EFS Transportation Services’ cashless fuel payment program will take over the customer base that had been using TransCore Inc.’s third-party fuel card service, Ryan Ramey, EFS senior vice president, told Transport Topics.

Construction of new homes in February rose at the fastest pace in more than three years and the housing market is expected to remain strong in the months ahead, the Commerce Department said Wednesday.

Heavy Spring Snow Closes Major Wash. Highways • Economists Expect Interest Rates to Rise • Russia Will Maintain Oil Cuts Through 2Q • Flooding Continues to Tie Up Roads in South, East • And more...

Two months after FedEx Corp. unknowingly carried a radiation-emitting package from Sweden to New Orleans, motor carriers are working harder than ever to ensure they know exactly what they are carrying and for whom. ost carriers have been re-evaluating and tightening security procedures — as well as increasing security training for employees — since the events of Sept. 11.