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Wholesale Inventories Fall 0.2%; Slowest Pace in 5 Months
Wholesale inventories fell for the eighth consecutive month in January, slipping 0.2%, a government report released Monday said.
March 11, 2002Six Months Later – Country, Industry Have Changed Dramatically
The United States, and the trucking industry, have seen profound changes in the six months since four hijacked jetliners slammed into the two towers of the World Trade Center in New York, the Pentagon in Arlington, Va., and an open field in Pennsylvania.
March 11, 2002Caterpillar Sending Engines to EPA in April
FT. LAUDERDALE, Fla. — Caterpillar Inc. plans to submit a full line of modified heavy-duty truck engines for Environmental Protection Agency certification in April and sale in October, although they just partially comply with an EPA mandate.
March 11, 2002News Briefs - March 11
FedEx Drops Arthur Andersen, Hires Ernst & Young • Crude Price Jumps On Concern Over U.S.-Iraq Conflict • Economists See Fed Adopting Neutral Stance • French Truckers Blockade Oil, Fuel Facilities in Hours Dispute • And more...
March 11, 2002Class 8 Truck Sales Fell By 27% in January
Retail sales of Class 8 trucks were down 27.3% in January compared with the same month in 2001 as demand for trucking services remained flat amid a weak economy..
March 11, 2002Diesel Fuel Increases 4.3 Cents to $1.216 Per Gallon
For the fourth time in the past five weeks, the average price of diesel fuel increased, the U.S. Department of Energy said Monday.
March 11, 2002Jobless Rate Unexpectedly Dips to 5.5%
The U.S. economy added jobs in February for the first time since July, pushing the unemployment rate down to 5.5% from 5.6% in January, the Labor Department reported Friday.
March 8, 2002Falling Competition Aids Carriers' Bottom Lines
By virtue of having almost 7,700 fewer competitors to outmaneuver than they did two years ago, many large truckload carriers reported better earnings at the end of 2001 than at the same time in 2000.
March 8, 2002Midrange Commercial Truck Market Expected to Remain Sluggish
Despite signs of a strengthening economy, several medium-duty truck manufacturing executives said they expect the midrange commercial truck market to remain in the doldrums this year with sales comparable to 2001, perhaps even dropping slightly.
March 8, 2002News Briefs - March 8
Kmart to Close 284 Stores, Cut 22,000 Jobs • Senate Passes Stimulus Bill • Analysts Believe More Bankruptcies Coming • Study: Ergonomics Policy Would Have Big Impact on Trucking • And more ...
March 8, 2002