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News Briefs - Jan. 14

CN Railway Reaches Accord with Steelworkers Union 鈥 UP Resumes Limited Service in Southern California 鈥 Business Inventories Rise in November 鈥 Ohio Turnpike Workers Threaten Strike 鈥 And more...

January 14, 2005

Retail Sales Rise 1.2% in December; Set Yearly Record

The Commerce Department said Thursday that sales at retailers in December rose 1.2%, the most in three months. For the year, sales totaled a record $4.06 trillion, up 8% from a year earlier.

January 13, 2005

Industry Executives Say Trucking Capacity to Grow in 2005

Despite efforts by many public truckload carriers to avoid expanding in 2005, overall trucking capacity was poised to grow modestly this year, fleet suppliers, analysts and trucking executives said.

January 13, 2005

Letter to the Editor: Cooperate on Freight

Click here to write a Letter to the Editor. enjoyed the opinion column 鈥淕rowth in Intermodal Unites One-Time Rivals,鈥 regarding the growth in intermodal freight and its impact on traditional modal rivals.

January 13, 2005

News Briefs - Jan. 13

Allied Holdings' Stock Resumes Trading 鈥 Consolidated Freightways Settles Discrimination Lawsuit 鈥 Trailer Maker to Expand Output in 2005 鈥 Shipping Cos. Consider Alternative Ports to Avoid Delays

January 13, 2005

Storms Force UP to Shut Most Tracks in Los Angeles

Freight railroad Union Pacific Corp. said Wednesday the California storms had shut down almost all train service in the Los Angeles area, Bloomberg reported..

January 12, 2005

UPS Lowers Fourth-Quarter Earnings Guidance

UPS Inc. on Tuesday lowered its fourth-quarter earnings prediction due to a slowing of domestic package volume between Christmas and New Year鈥檚 Day and higher-than-anticipated operating costs.

January 12, 2005

FedEx Reaffirms Fiscal 3Q Projection

Hours after UPS Inc. lowered its fourth-quarter earnings, rival FedEx Corp. late Tuesday reaffirmed its previous guidance of 90 cents to $1.00 per share for its fiscal third quarter ending Feb. 28.

January 12, 2005

TSA Moves on Hazmat Checks; Names Tenn. Firm as Contractor

The Transportation Security Administration took two incremental steps toward meeting its Jan. 31 deadline to implement fingerprint-based background checks for hazardous materials drivers. It named a contractor to handle the checks and announced that several states would use that contractor.

January 12, 2005

Tankers Must Purge Wetlines in Proposed DOT Regulation

A Department of Transportation agency has proposed a rule that would require tank truck drivers hauling gasoline and other flammable liquids to purge the pipes used in loading and unloading before returning to the road.

January 12, 2005

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