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P.M. Executive Briefing - Dec. 13

This afternoon's headlines: Texas ice storm causes road delays; Midwest roads slick but still open; former Ford CFO named new GM CFO; and more.

December 13, 2000
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Diesel Price Dips 2.3 Cents As Oil Hits 5-Month Low

The price of diesel fuel dropped 2.3 cents last week following, but not keeping pace with, a steep slide that took the price of crude oil below $30 a barrel for the first time in four months.

December 13, 2000
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White House, Congress Seeking To Resolve Ergo, Budget Disputes

A possible government shutdown was averted when congressional Republicans and the White House met Dec. 7, and agreed 鈥渢o continue talking鈥 about four appropriation bills, including the Labor Department鈥檚 plan to institute its controversial ergonomics rules in 2001.

December 13, 2000
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Cheaper Oil, Moderate Growth, Lower Interest Rates May Boost Trucking鈥檚 Fortunes in 2001

Lower oil prices, moderate economic growth and a drop in interest rates should bode well for trucking in 2001 鈥 at least for companies that survive the bankruptcies and consolidations predicted to sweep the industry.

December 13, 2000
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Volvo鈥檚 Gustafson Pronounces Death of Component 'Spec鈥檌ng'

Marc Gustafson believes it is time for some changes in the way truck manufacturers operate, and as chief executive officer of Volvo Trucks North America, he has begun to implement new practices at his own company.

December 13, 2000
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Trucking Groups Ask FMCSA to Review Hours Rules, Costs

Final comments on the Department of Transportation鈥檚 proposal to change the hours-of-service rules are due by close of business Dec. 15, but at least two trucking groups beat the last-minute rush. National Tank Truck Carriers and the Distribution & LTL Carriers Association filed in late November, requesting a review of driver on-duty time and the costs of implementing the rule changes.

December 13, 2000
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Car Haulers Decide to Leave ATA

A group representing most of the nation鈥檚 car haulers has ended its 65-year affiliation with American Trucking Associations.

December 13, 2000
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Tax Issues Could Be Nafta Barrier

Mexican trucks will not be rolling into the United States anytime soon, contrary to what recent news reports may have suggested, an expert on the North American Free Trade Agreement said.

December 13, 2000
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Still a Long Way to Go For Nafta Arbitration

A news report from Mexico City Mexico City quoted an unidentified U.S. Department of Transportation official as saying the United States will appeal a decision of the North American Free Trade Agreement arbitration panel which found fault with the U.S. refusal to open the border with Mexico to international trucking.

December 13, 2000
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PTG Dispute Settled By Rival Carriers

A trucking feud, ignited over the remains of a bankrupt motor carrier, has been settled by the parties without a shot being fired, but not before a Tennessee court became involved.

December 13, 2000

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