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U.S. Automakers Planning More Exports, Journal Says

U.S. automakers have set goals of exporting more American cars, following new labor agreements and a weaker U.S. dollar, the Wall Street Journal reported Tuesday.

April 8, 2008

Fed Minutes Cite Concern Over Economic Contraction

Federal Reserve officials anticipated that the U.S. economy will shrink in the first half of the year, while noting concerns about a possible “prolonged and severe economic downturn,” when they cut interest rates last month, according to the minutes of the meeting released Tuesday.

April 8, 2008

Editorial: Picking an Engine Technology

As we move closer to the next federal mandate on emissions — which comes into force for 2010-model heavy-duty trucks — proponents of the two competing technologies are beginning to publicly argue over the superiority of their choices.

April 7, 2008

Norfolk Southern to Take 1Q Charge on Accident Settlement

Eastern freight rail line Norfolk Southern Corp. said Monday it will take a first-quarter charge of 2 cents per share, related to settlement of an accident claim.

April 7, 2008

Rates Rise on Indiana Toll Road; Truckers Begin Using I-Zoom

The cost to drive on the Indiana Toll Road rose for all vehicles with three or more axles, as well as two-axle vehicles that were not using the I-Zoom electronic tolling system, which debuted on the road last week.

April 7, 2008

Volvo Says Engines Can Meet Idling Rule

Volvo Trucks North America said its heavy-duty engines can now be equipped with an option to meet California’s anti-idling restrictions.

April 7, 2008

ISM Contraction May Indicate Trucking Upturn, Analyst Says

Last week’s Institute of Supply Management report that showed continued contraction may actually be good for the trucking industry’s outlook, according to an industry analyst, the Associated Press reported.

April 7, 2008

Teamsters Ratify 5-Year Contract with UPS Freight

The Teamsters union and UPS Inc. said Monday that Teamsters members had overwhelmingly ratified their first national contract at UPS Freight, the less-than-truckload unit of UPS Inc.

April 8, 2008

Some Analysts See Recovery as ATA Freight Index Gains

The February increase in truck tonnage that American Trucking Associations reported late last month — the fourth straight rise — may signal better times ahead for truckers and the U.S. economy, several industry analysts and observers said.

April 7, 2008