91ÊÓƵ

In the news this morning: U.S. inventories, OPEC production up as oil prices slide; truck fatalities increased in 1999; federal Wilson Bridge funding leaves big state tabs; and more to come.

House-Senate conferees on the Transportation Appropriations Committee agreed Tuesday morning to prohibit the Federal Motor Carrier Safety Administration from implementing its controversial hours of service rules during the 2001 budget year.

This afternoon's headlines: OPEC may boost output in October; U.S. rail agency proposes tougher merger rules; ArvinMeritor names Gosnell to head commercial vehicle systems; and more.

Today's technology headlines: Ericsson starts plan for 4G cellular technology; GEO lands Lucent video services deal; Nistevo trumpets results of study on collaborative logistics; and more.

The American Trucking Associations praised Congress on Tuesday for putting the brakes on an administration plan to curb truckers’ driving hours.

Low distillate inventories, which have worried oil market analysts all summer, continue to be a concern as the winter season approaches.

A private equity fund partnership has completed $37 million of investment in same-day courier United Shipping & Technology, the holding company that owns Velocity Express.

Some fleet safety directors are discovering an unusual paradox: accident rates for experienced drivers - who should be safer drivers - are increasing. Safety experts blame it on the human tendency to take more chances as the perception of risk declines.

In the news this morning: U.S. diesel prices drop after setting all-time high; House-Senate panel to meet on transport bill, driver hours; Hub Group foresees lower 3Q, 4Q earnings; and more to come.

This afternoon's headlines: Manufacturing activity declines for second month; several drug-testing labs being inspected; Argentina's truckers begin strike over fuel costs