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OPEC to Cut Production by 1 Million Barrels Per Day

In a unanimous move, the Organization of Petroleum Exporting Countries agreed to cut production of crude oil by 1 million barrels a day effective Sept. 1.

July 25, 2001

Sales of Existing 91视频s Slip in June

Sales of previously owned homes fell 0.6% in June, but kept up a pace that should help buoy the U.S. economy, according to an industry report.

July 25, 2001

Executive Briefing - July 25

Ryder Earnings Down, Tops Estimates; Mounting Layoffs to Shake Consumer Confidence; Cannon Bankruptcy Suit Dismissed; Norfolk Southern Earns 28 Cents Per Share in 2Q; Vitran Increases Stake in Freight Connection; and more...

July 25, 2001

1980 Act Turned Trucking Into a Whole New Ballgame

Twenty years ago, Jake Wood was a young accountant working for Arthur Andersen in Omaha when he got the assignment of working with four new trucking clients.

July 25, 2001

Class 8 Sees Slide After Encouraging Increases

Class 8 heavy-truck sales dipped 5.4% in June from the May 2001 high of 13,719, as five of eight nameplates sold fewer heavy-duty trucks than they did the month before. The total was 12,980.

July 25, 2001

Trucking Technology Alert -- July 24

Soft Keyboards Ease Mobile Messaging; Business Models Affect Collaboration; Wireless Streaming Technology Still Unproven and more...

July 24, 2001

Trucking: An Industry in Transition

The year 2000 will be remembered as the year in which everything that could go wrong did go wrong. Fuel costs soared, the stock market fell, insurance premiums doubled and tripled for some firms, used truck values plummeted and demand for freight services softened. It was trucking鈥檚 equivalent of the perfect storm.

July 24, 2001

Letter to the Editor: Rate Regulation

Click here to write your own Letter to the Editor.Instead of cutting each other鈥檚 throats over rates, we should band together and lobby Washington to get them to regulate rates.

July 24, 2001

Executive Briefing - July 24

NHTSA Investigating Firestone Replacement Tire Model; Poor Earnings Lead to More Job Cuts; Wabash Posts $10.8 Million Loss; and more...

July 24, 2001

Diesel Price Drops to 18-Month Low

The national average price of diesel fuel dropped again last week, to $1.348 per gallon, the lowest average price since January 17, 2000, when the price was $1.307.

July 23, 2001

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