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Graves Expresses Concern Over Diesel Prices; Asks DOE to Consider SPR Loan

In a letter to Energy Secretary Spencer Abraham, American Trucking Associations President Bill Graves said trucking "remains concerned" about record diesel fuel prices, and asked Abraham to "consider loaning U.S. refineries much-needed crude oil from the [Strategic Petroleum Reserve]..

September 24, 2004

Volvo Almost Sold Out for ’04; CEO Says Factory at Capacity

The head of heavy-duty truck maker Volvo Trucks North America said the company’s Class 8 assembly lines are operating at capacity amid booming sales, forcing the manufacturer to extend delivery times for new equipment.

September 24, 2004

News Briefs - Sept. 24

ºÚÁϳԹÏÍø Resales Slow in August • Fed Says 'Significant' Rate Increases May Be Needed • Hurricane Jeanne Heads for Florida; Ivan Strikes Texas • Kansas School Honors ATA President

September 24, 2004

Oil Price Closes at Record High; U.S. Negotiating Details of SPR Loan

A congressional source said the U.S. Department of Energy would approve loans of oil from the Strategic Petroleum Reserve once the exact details were worked out with the refineries, Reuters reported Friday.

September 24, 2004

U.S. May Loan Oil From SPR to Refiners Slowed by Hurricane

White House spokesman Scott McClellan confirmed Thursday the United States may loan oil to refineries from the Strategic Petroleum Reserve to make up for supply disruptions caused by Hurricane Ivan.

September 23, 2004

House Amendment Would Force Mexican Carriers to Meet U.S. Safety Standards

The House of Representatives on Wednesday approved a measure on Wednesday that would require foreign truckers operating in the United States to meet the same safety, certification and labeling standards as domestic carriers, news services reported..

September 23, 2004

Senators Say New Highway Bill Unlikely Before Election

Three senators said it was unlikely a new six-year highway and mass transit bill would be passed before the upcoming elections and proposed Congress accept a six-month extension of federal funding at current levels, news services reported.

September 23, 2004

Small Shippers’ Group Eyes Capacity, Other Factors Constraining LTLs

ATLANTA — Tightened capacity, outdated infrastructure and driver shortages will be key issues hampering less-than-truckload carriers in the coming year, analysts and less-than-truckload industry executives said at a shippers’ conference here.

September 23, 2004

News Briefs - Sept. 23

Study Finds 861 Truckers Died on the Job in 2003 • LEI Falls 0.3% in August • Business Group to Study Highway Funds • Rise in Jobless Claims Blamed on Hurricanes • And more...

September 23, 2004