Truck tonnage climbed 2.7% in May from a year ago, the smallest year-over-year gain since February 2010, American Trucking Associations said.
June 28, 2011GovernmentBusiness
Transportation Fraud Bill Introduced in House
An anti-fraud bill introduced in the House would raise the freight broker surety requirement to $100,000 and require separate broker and carrier licenses.
June 28, 2011BusinessGovernmentLogistics
Consumer Confidence Falls to Seven-Month Low
Consumer confidence fell in June to a seven-month low, the New York-based Conference Board said Tuesday.
June 28, 2011BusinessFuel
Ryder Signs Agreements for Heavy-Duty Natural Gas Trucks
Ryder System said Tuesday it sees more demand for heavy-duty natural gas vehicles and that it has secured lease agreements for 87 heavy-duty natural gas trucks.
June 28, 2011BusinessFuel
Diesel Falls 6.2¢ to $3.888 for Eighth Drop in 10 Weeks; Gas Declines 7.8¢ to $3.574
Diesel fell for the eighth week in the past ten, declining 6.2 cents to $3.888 a gallon, the Department of Energy said.
June 28, 2011Business
EPA Proposes 2012 Renewable Fuel Standard
The U.S. Environmental Protection Agency has called for the production of 1 billion gallons of biomass-based diesel as part of its 2012 national renewable fuel standard, up from 800 million gallons last year.
June 27, 2011Business
Personal Spending Unchanged in April
Consumer personal spending was unchanged in May, the Commerce Department said Monday.
June 27, 2011BusinessFuel
Gasoline Continues to Decline, Falling 11¢ to $3.63, Lundberg Survey Says
Gasoline’s national average price continued its downward trend, falling 11 cents in the past two weeks to an average $3.628 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
June 27, 2011Letters to the EditorBusiness
Letters: Brokers, Bonds & Bills; Port Rules; HOS Redux
These dunderheads in Washington, D.C., need a check-up from the neck up. How about mandating minimum rates coming out of the ports so the drayage operators can afford to buy newer trucks without federal funds? That’s a good way to save a few million dollars on the deficit, don’t you think?
June 27, 2011EditorialGovernmentBusiness
Imagine Improved Infrastructure
Imagine a time when a statewide trucking organization, in order to help its state government pay for necessary improvements to roads and bridges, supports a proposal that the state float a bond issue to cover the work and volunteers to have its members pay most of the bills for the work through a jump in the diesel fuel tax.
June 27, 2011