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Bill Would Provide Credit for Safety Technology

A bill introduced last week by Rep. Mike Thompson (D-Calif.) would provide tax credits for fleets purchasing trucks with certain types of safety technology.

October 15, 2007

Consumer Confidence Dips in October

Consumer confidence declined this month, according to a preliminary monthly report by the University of Michigan, released Friday.

October 12, 2007

Business Inventories Edge Up 0.1%

Business inventories rose just 0.1% in August, while sales fell 0.4%, the Commerce Department said Friday.

October 12, 2007

Producer Prices Jump 1.1% in September

Prices paid to U.S. producers rose 1.1% in September, the Labor Department said Friday.

October 12, 2007

Retail Sales Rise 0.6% in September

Retail sales rose 0.6% in September, the Commerce Department said Friday.

October 12, 2007

China Trucking Panel Set for MCE

Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.

October 19, 2007

Trade Gap Narrows in August

The U.S. trade deficit narrowed by 2.4% in August as exports rose to a record for a sixth straight month, the Commerce Department said Friday.

October 11, 2007

Chrysler, UAW Settle After Brief Strike

Chrysler LLC and the United Auto Workers union ended a brief strike after agreeing on a contract similar to one signed recently between the UAW and General Motors Corp., Bloomberg reported.

October 11, 2007

Forward Air Says 3Q Income to Decline

Forward Air Corp., a contractor to the air cargo industry, said late Wednesday it expects to earn 35 cents 37 cents for the third quarter, down from a year ago.

October 11, 2007

DOT Transport Index Flat in August

The Department of Transportation’s freight transportation services index for August was flat compared with a year ago, DOT said Wednesday.

October 10, 2007