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Alabama Ruling Limits Cargo Damage Lawsuits to Federal Courts
A federal court in Alabama ruled that a shipper cannot go through the state courts to sue a trucking company for alleged cargo damage.
April 26, 2001Executive Briefing - April 26
Smithway Hurt by Soft Demand, Poor Weather; Xtra Earnings Down as Freight Volume Drops; UPS Introduces Series of New Services; Employment Cost Index Rises 1.1%; and more...
April 26, 2001Trucking Technology Report - April 26
Cell Phone Makers Learn Software the Hard Way; FCC Allows Purchase of VoiceStream; Qualcomm Profit Falls 25% in Period; and more...
April 26, 2001Latest Woe for Truck Sellers Is Widening Credit Crunch
Already faced with a steep drop in truck sales and an overabundance of used equipment, truck dealers can ill afford more bad news. But they are getting it in the form of a credit crunch.
April 25, 2001Big-Truck Dealers Are Awash in a 'Perfect Storm'
The situation in the big-truck market has been described as 鈥渢he perfect storm,鈥 after the hit movie that described a situation when a series of weather elements combined to create a once-in-a-lifetime killer tempest.
April 25, 2001Online Truck Sales Coming on Strong After Sluggish Start
After a fitful start, selling trucks online appears to be catching on. ruck dealers see it as another marketing avenue to help them deal with rising inventories of vehicle trades and repossessions, and a growing number of owner-operators and small fleet owners are logging on to shop for good deals and trucks with special characteristics they want.
April 25, 2001Executive Briefing - April 25
Calif. Refinery Fire May Drive Gas Prices Up; Cummins Chief Lobbies for Indiana Loan; Ryder to Close D.C. Office; Bush to Compromise on Taxes; and more...
April 25, 2001March U.S. Durables Orders Show Mixed Picture
In a hopeful but mixed sign for the manufacturing economy -- a huge customer base for the trucking industry 鈥- the U.S. Commerce Department said Wednesday that overall new orders for durable goods from U.S. factories rose 3% in March.
April 25, 2001Trucking Technology Report - April 25
Sony Earmarks $500 Million for Ericsson Deal; Wireless Leaders Caucus on New Initiative; New Wideband Chips Seen By Year's End; ; and more...
April 25, 2001Wabash Reports Big 1Q Loss
Trailer maker Wabash National reported an adjusted loss of $10.4 million, or 45 cents per share for the first quarter, compared with a gain of $9.1 million, or 38 cents a share, for the same quarter of 2000.
April 24, 2001