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A.M. Executive Briefing - April 20

In the news this morning: Sudden jump in crude oil futures may delay diesel price drop; CN's Tellier confident merger with BNSF will go through; and USA Truck's earnings walloped by high diesel prices.

April 20, 2000

America Online Buys Stock, Gets Content From PNV

PNV Inc. will be America Online's trucking site of choice after an April 19 announcement that the Internet giant bought a stake in the trucking Web portal and entertainment firm.

April 20, 2000

White Flag Raised in Oregon

Truckers fighting to abolish Oregon’s weight-distance tax have been forced to concede defeat because of sky-high gasoline prices and fierce opposition from the American Automobile Association.

April 19, 2000

Social Security Revision Could Help Trucking

Older truckers earning Social Security may want to drive more each year because of a change in the law that will let them earn more outside income each year, and that could spell relief for some parts of the trucking industry.

April 19, 2000

Pollution Regulations Put Spotlight on Biodiesel

What if there were a way to have an endless supply of diesel fuel — a supply that did not depend on the whims of the Organization of the Petroleum Exporting Countries?

April 19, 2000

Fuel Price Fall-Off Continues

Fuel prices continued to descend from the Mount Everest-like summits seen in March and analysts predicted the trend would continue.

April 19, 2000

Fuel Costs Exact Toll in Truck Financing

Truckers overwhelmed by high fuel costs are falling behind in payments on their vehicles, and finance companies are seeing an increasing number of “voluntary repossessions” in which equipment is returned to lenders because operators think they can no longer make money by driving the truck.

April 19, 2000

Dealers Pay a Price for ‘Bull Run’ of Truck Sales, Volvo CEO Says

Truck sales are softening yet deals are harder to put together. Parts and service work is falling short of expectations, and dealer profits declined by one-third in 1999 despite a 25% increase in sales.

April 19, 2000

Hours-of-Service Revision Due by End of April, DOT Says

With the Federal Motor Carrier Safety Administration preparing to issue its long-awaited update of the hours-of-service regulations, a senior agency official confirmed some details of what changes the proposal is likely to contain.

April 19, 2000