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Shippers Try to Shift Full Liability Carriers

Tank truck carrier executives said they were being deluged with requests from shippers to sign contracts in which they assume all liability for accidents and mishaps even if the shipper is at fault.

May 21, 2003

News Briefs - May 21

Washington State Motor Fuel Tax to Increase July 1 • DHL Airways CEO to Purchase Outstanding Shares • Greenspan Says U.S. Economy Poised to Grow • U.S. Temporarily Bans Canadian Beef Imports • And more...

May 21, 2003

U.S. Raises Terror Alert to Orange

The Bush administration on Tuesday raised the national terror alert level to orange or "high," from yellow or "elevated," as intelligence reports suggested domestic terrorist attacks were possible, news services reported.

May 20, 2003

FedEx Express Unveils Hybrid Electric Truck

FedEx Express, the air parcel subsidiary of FedEx Corp., unveiled a hybrid electric medium-duty truck on Tuesday in Washington, D.C., that it said could one day become the standard vehicle for the company.

May 20, 2003

Diesel Price Declines 10th Consecutive Week

The average price of diesel fuel fell 0.1 cent to $1.443 per gallon, the 10th straight week commercial trucking’s dominant fuel has declined, the U.S. Department of Energy reported Monday.

May 20, 2003

Truck Industry Officials Wary of '07 Diesel Engine Changes

NEW YORK — Even as the trucking industry continues to evaluate new diesel engines that hit the market in October, fleet officials expressed concerns about federally mandated emissions levels that Class 8 engines must meet in 2007.

May 20, 2003

Fleets Say They Won't Expand Capacity Amid Weak Economy

NEW YORK — Top officials of several national truckload and less-than-truckload carriers said they would avoid adding cargo capacity this year because of flat freight volumes and few signs that the economy is growing.

May 20, 2003

News Briefs - May 20

Economists Cut 2003 Growth Forecasts • Postal Service Can Offer Discount to Businesses • Old Dominion's Board Approves Stock Split • Three More Arrested in Texas Truck Death Case • And more...

May 20, 2003

Karlsten Named New Volvo Trucks North America President

Peter Karlsten will become the new president of Volvo Trucks North America on Oct. 1, the company said Monday. He succeeds Michel Gigou, whose foreign service contract expires at yearend, Volvo said, when he will return to Europe.

May 19, 2003

LEI Increases for First Time in Three Months

The index of leading U.S. economic indicators rose 0.1% in April to 110.6, the first increase in three months, the Conference Board said Monday.

May 19, 2003

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