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U.S. Consumer Confidence Falls Again
The Conference Board reported Tuesday that its consumer confidence index fell sharply this month, in another bad sign for future freight activity.
April 24, 2001Executive Briefing - April 24
Allied Holdings Loss Widens as Auto Production Falls; Motor Cargo Reports Record Earnings; Manufacturers Announce More Job Cuts; Atlas Air Cites Record Revenues, Profit; and more...
April 24, 2001Summit Seeks Intermodal Responsibility in Virginia
A discussion among trucking and steamship executives about who has responsibility for the condition of intermodal road equipment could lead to a business, rather than legislative, solution for Virginia ports by July, state officials say.
April 24, 2001Opinion: Higher Speeding Fines for Truckers Aren't Discriminatory
Eighty thousand pounds at 80 miles per hour is unacceptable. Well, maybe on the Autobahn, but not on South Carolina鈥檚 Interstates. Not on crowded urban stretches.
April 24, 2001Paccar Earnings Reflect 'Recessionary' Market
Due to slow sales, truck maker Paccar reported first-quarter earnings of $44.3 million or 58 cents per share, well below last year鈥檚 $154.9 million or $1.98 per share. Net sales for the quarter were down 34% to $1.5 billion.
April 24, 2001Trucking Technology Report -- April 24
Verizon Would Extend Connecticut Long Distance; AT&T Wireless Posts Higher Revenues, Subscribers; and more ...
April 24, 2001U.S. Gasoline Prices Make Highest Jump in 50 Years
U.S. gasoline prices leaped by nearly 13 cents per gallon to $1.67 in the past two weeks, according to the Lundberg Survey of 8,000 gasoline stations, news services reported.
April 23, 2001Ward Named Dealer of the Year
W.A. 鈥淏ill鈥 Ward, president of Ward International Trucks in Mobile, Ala., was named Dealer of the Year by the American Truck Dealers division of the National Automobile Dealers Association.
April 23, 2001Executive Briefing -- April 23
Study Finds 80,000 Trucks Crossed Border in 1999; QCL Buys First of Several Ga. Fueling Centers; 3M to Cut 5,000 Jobs; Delta Pilots Reach Agreement With Management; and more...
April 23, 2001ATD Chairman Pleads With Truck Manufacturers
BALTIMORE -- In his keynote address on Saturday, American Truck Dealers Chairman Stanley DeVore of Casper Truck Center pleaded with truck manufacturers to "stop changing the rules of the game."
April 23, 2001