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News Briefs - May 26

April New 91ÊÓÆµ Sales Fall 11.8% to 1.093 Million Rate • Moyes Cancels Stock Purchase After Record Gain • OPEC Output Seen Rising With Prices • Navistar Announces New Debt Offering • And more ...

May 26, 2004

Consumer Confidence Rises Slightly in May

The Conference Board said Tuesday that its consumer confidence index rose to 93.2 this month, from a revised 93 in April..

May 25, 2004

Average Diesel Price Falls 0.2 Cent to $1.761

The average retail price of diesel fuel in the United States declined 0.2 cent to $1.761 per gallon, the Department of Energy reported Monday.

May 25, 2004

April Truck Sales Rise 33%

U.S. retail sales of Class 8 trucks in April climbed 33.3% from a year earlier to 16,416 units. At the same time, buyers reportedly placed orders for new trucks at the fastest pace in more than six years and the second-highest total on record.

May 25, 2004

News Briefs - May 25

Price of Crude Oil Falls From Record High • Existing 91ÊÓÆµ Sales Rise 2.5% in April • Supreme Court to Hear Interstate Wine Shipping Case • Celadon Completes Public Stock Offering • And more...

May 25, 2004

USF to Close Its Red Star Unit

Transportation firm USF Corp. said Sunday it would close USF Red Star, one of its regional less-than-truckload carrier units.

May 24, 2004

Lundberg Survey Finds Gasoline Prices Up Another 14 Cents

The average retail price for regular gasoline rose 14 cents in the past two weeks to a record $2.07 a gallon as of Friday, according to the Lundberg survey of 8,000 stations nationwide.

May 24, 2004

FedEx Freight to Raise Rates 5.9%

Less-than-truckload carrier FedEx Freight said Monday it would implement a 5.9% general rate increase effective June 14.

May 24, 2004

Truck Makers Market Safety Systems to Fleets

GOTHENBURG, Sweden — The world’s two largest commercial vehicle makers, DaimlerChrysler and AB Volvo, have decided to make truck safety a key component of their marketing efforts.

May 24, 2004

Conference Moves Toward National Idling Standards

ALBANY, N.Y. — More than 200 industry executives and government officials last week took what they said could be a first step toward designing a nationwide standard for rules to limit engine idling by trucks, buses and railroad locomotives.

May 24, 2004

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