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Security & Safety Briefs — April 27 - May 3
Utah Changes Law to Aid Trucking Students • Woman in Human-Smuggling Case Gets 17 Years • Northern Ohio Truckers to Be Spot-Searched for Weight • Missouri CDL Testing Is in Question
May 3, 2006House Passes Bill Penalizing Fuel Price Gouging
The House Wednesday approved criminal penalties and fines of up to $150 million on energy companies caught price gouging fuel, news services reported.
May 3, 2006Crude Oil Price Retreats After Strong Inventory Report
After several days of climbing toward the record high price set 12 days ago, crude oil futures dropped early Wednesday following a Department of Energy report showing higher-than-expected inventories last week, Bloomberg reported.
May 3, 2006Pacer’s First-Quarter Income, Revenue Rise
Transportation and third-party logistics firm Pacer International’s first-quarter net income rose 22% to $13.9 million or 36 cents a share, from $11.4 million or 30 cents a year ago.
May 3, 2006Diesel Price Edges Up 2 Cents to $2.896 a Gallon
The national average price of a gallon of diesel fuel edged up 2 cents to $2.896 as trucking’s main fuel continued to track toward the record highs set last fall, the Department of Energy said Monday.
May 2, 2006Oshkosh Truck’s Fiscal 2Q Earnings Rise
Specialty truck maker Oshkosh Truck Corp. said Tuesday it earned $49.8 million or 67 cents a share for its second fiscal quarter ended March 31, up from $38.2 million or 52 cents a year ago.
May 2, 2006Immigration Rallies Slow Trucking, Port Operations
Hundreds of thousands of immigrants and their supporters rallied around the country Monday, slowing or stopping work at some key trade ports, news services reported.
May 2, 2006In-House Truckers Face Capacity, Cost Issues
Private fleet operators are beginning to confront some of the same challenges facing for-hire carriers in terms of capacity, rising costs and a growing shortage of qualified truck drivers, according to industry officials and fleet managers.
May 2, 2006ATA Creates New Security Council
American Trucking Associations late Monday unveiled a new Security Council it said “reflected the heightened importance of trucking industry security in a post 9-11 atmosphere.â€
May 2, 2006Ten States Sue Feds, Claiming Light-Truck Rules Too Lax
Ten states, led by California, filed suit Tuesday in San Francisco in an attempt to force the Bush administration to strengthen fuel-economy rules for light trucks, Bloomberg reported.
May 2, 2006