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U.S. Xpress Buys 49% Stake in Arnold Transportation

U.S. Xpress Enterprises Inc. said Friday it agreed to purchase a 49% stake of truckload carrier Arnold Transportation for about $6.4 million.

October 22, 2004

Congress Approves Measure on Tire, Heavy-Vehicle Taxes

Congress approved a $136 billion corporate tax bill last week that would change the payment structure of the excise tax on tires and eliminate quarterly payments of the heavy-vehicle use tax.

October 22, 2004

Fleets Lock in Truck Buys In Tight Supply Market

Truck makers’ inability to keep pace with Class 8 demand could lead to soaring equipment prices for years to come, fleets and analysts said, prompting some motor carriers to lock in deals now to guarantee price and delivery — and to plan future purchases sooner than they normally would.

October 22, 2004

Natso Selects Mullings as President of the Truck Stop Trade Association

Natso Inc., the Alexandria, Va.-based trade association representing travel plazas and truck stops, said Oct. 12 it had named Lisa Mullings as its new president.

October 22, 2004

Oil Closes Above $55 a Barrel for First Time in New York

The price of crude oil closed above $55 a barrel in New York for the first time on Friday..

October 22, 2004

Letter to the Editor: Enlightening Travel

Click here to write a Letter to the Editor. recently returned from participating in the International Motor Show for Commercial Vehicles in Hanover, Germany, and was telling my colleagues in the business of manufacturing fifth wheels for tractors how impressed I was with it.

October 22, 2004

News Briefs - Oct. 22

Volvo's 3Q Net Income Rises on Strong Truck Sales • Yellow Roadway's Profit Doubles on Price Increases • USF's Earnings Fall on Red Star Costs • Profits Rise at Arkansas Best • And more...

October 22, 2004

Philadelphia Fed Manufacturing Index Rises in October

The Federal Reserve Bank of Philadelphia said Thursday its index of regional manufacturing rose to 28.5 in October from 13.4 the month before.

October 21, 2004

LEI Declines in September for Fourth Straight Month

The Conference Board said Thursday its index of leading economic indicators fell 0.1% in September, the fourth consecutive decline..

October 21, 2004

Class 8 Sales Jump 44.5%

U.S. retail sales of Class 8 trucks in September jumped 44.5% over the previous September to the highest total in more than four years as buyers added capacity to meet strong demand, replaced aging vehicles and accelerated purchases ahead of higher price tags coming in 2007 when new emission regulations begin.

October 21, 2004

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