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This afternoon's headlines: Trade-in value plummets amid oversaturated used-truck market; fire at Central Transport terminal in Michigan Destroys 60 trailers; TradeOut, Penske team up for on-line truck auction; and more.

Today's technology headlines: Web-based supply chain service offered for North American rail shippers; most workers end strike at Verizon; and Symbian will license wireless software to Sanyo.

Paccar Inc. subsidiary Kenworth will lay off 500 of its 1,600 workers at its Chillicothe, Ohio plant next month, the Associated Press reported Monday.

How well the antilock brake system technology performs in heavy trucks will be part of a multiyear study by the National Highway Traffic Safety Administration.

The people who enforce the hours of service agree that the regulations need to be updated, but the Department of Transportation’s proposal is developing a reputation among the ranks of roadside inspectors as being too complex.

When a hard, frontal assault failed for trucking executive Jerry C. Moyes, he changed tack and tried the soft, sweet rustle of cash. That course of action won him controlling interest in Simon Transportation Services.

In the news this morning: United States urges Saudi Arabia to boost oil output; Mullen Transportation acquires E-Can Oilfield Services Group; Union Pacific cutting more jobs to gain competitive edge on trucking; and more.

This afternoon's headlines: GM calls for 3-week production halt At Wisconsin medium truck plant; Chancellor Corp. acquires Sapp Bros. Leasing; railroads say rail intermodal shipments still rising; and more.

Today's technology headlines: Unions vow to stay in Verizon talks if deal is near; Cannon Express launches new load-sharing site; Southwestern Bell DSL customers sue over bandwidth; and more.

In the news this morning: Volvo sales drop 5% in first half of 2000, North American sales plunge; Los Angeles, Long Beach ports booming as peak shipping season starts; Overnite Transportation launches expanded Canadian coverage; and more.