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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, 2000Jim Nebergall of Cummins discusses the fuel-agnostic engine that can adapt to multiple fuel types and cut emissions without sacrificing performance.
Overall Traffic Fatality Rate Rises, NHTSA Says
The fatality rate on the nation’s highways last year rose slightly from a record low in 2004, and overall fatalities and deaths from large truck crashes rose slightly, the National Highway Traffic Safety Administration said Thursday.
April 20, 2000America 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, 2000White 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, 2000Social 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, 2000Pollution 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, 2000Fuel 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, 2000Fuel 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, 2000Dealers 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, 2000Hours-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