Oil prices jumped almost $2 Tuesday from Monday’s record, closing at a new all-time high of $113.79 a barrel, Bloomberg reported.
April 15, 2008FuelBusinessGovernment
Consumer Price Index Gains 0.3% in March
The consumer price index rose 0.3% in March, led by higher fuel and food prices, the Labor Department said Wednesday.
April 16, 2008BusinessFuelSafetyGovernment
Larger Trucks More Efficient, Reduce Emissions, Study Says
The use of heavier trucks can be an effective way for the industry to reduce fuel consumption and emissions, a new study by the American Transportation Research Institute said.
April 15, 2008BusinessSafety
ATA, Army Reserve Launch Military-Civilian Partnership for Drivers
American Trucking Associations and the U.S. Army Reserve signed a recruiting partnership agreement they said will provide experienced truck drivers for the military and give career opportunities to truck drivers leaving the military.
April 15, 2008GovernmentBusinessSafety
FMCSA Issues CDL Learner’s Permit Rule
The Federal Motor Carrier Safety Administration said it intends to set new minimum standards for issuing learner’s permits to prospective commercial drivers and revise the knowledge and skills tests administered to people seeking commercial driver licenses.
April 15, 2008FuelBusinessLogisticsGovernment
Diesel Average Tops $4 for First Time; Oil, Gas at Records
Diesel fuel’s national average price broke the $4 barrier for the first time, jumping 10.4 cents to $4.059 a gallon, the Energy Department said Monday.
April 15, 2008Business
Quality Distribution Cuts 60 Jobs
Tank truck carrier Quality Distribution said it has eliminated about 60 positions —17% of its workforce — primarily at its Tampa, Fla., headquarters.
April 15, 2008Business
J.B. Hunt’s First-Quarter Income Declines
Truckload carrier J.B. Hunt Transport Services’ first-quarter profit declined to $36.4 million, or 28 cents a share, from $44.2 million, or 30 cents, a year ago.
April 15, 2008BusinessGovernment
New York State Manufacturing Index Improves
Manufacturing growth in New York state improved this month, the Federal Reserve Bank of New York said Tuesday.
April 15, 2008BusinessSafety
Industry Veteran James Hebe to Head N. American Sales for Navistar
Trucking industry veteran James Hebe has rejoined Navistar International Corp.’s truck group as senior vice president of North American sales, the company said Monday.
April 14, 2008