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This afternoon's headlines: Diesel cost notches downward in latest week; Consolidated Freightways opens new terminal in Mexico; GATX Corp. to sell storage, distribution subsidiary.

President Clinton announced Monday that he will set aside a reserve of home heating oil to prevent a repeat of this past winter's fuel shortage. Meanwhile, oil prices dropped even further on world markets on speculation that OPEC will increase production.

The Senate intends to phase out estate and gift taxes when it meets this week, benefiting almost all small businesses, including trucking companies, said spokesmen for both the Senate and trucking.

Truckers should urge Congress to block the adoption of new hours-of-service regulations, the president of American Trucking Associations told a sometimes raucous crowd at the International Trucking Show.

Leaders of two of American Trucking Associations’ educational councils have hammered out details of a merger plan.

Today's technology headlines: Mass delivery of latest Hary Potter children's book tests FedEx's e-commerce capabilities; how to overcome the same-day service challenges of e-commerce; wireless unit makes Sprint a likely takeover target; and more.

Theodore J. Fick has taken on a job he knows will be tough — making Hino trucks a household name in the truck-buying community.

In the news this morning: DOT inspector general says unsafe truck drivers not being pulled off the road; trucking magazine publisher Hutchinson dies at 73; Mexican trucking companies want U.S. carriers penalized; and more.

This Afternoon's Headlines: Expert says Clinton's planned distillate fuel reserve is too small; new ArvinMeritor scores big with Wall Street on first day out; Florida driver school named in CDL scandal has ties to church; and more.

The diverse views on proposed changes to the hours of service regulations for U.S. truckers were heard July 6 at the start of the last of eight public hearings on the controversial proposal.