Raising allowable truck weight limits by 21% would save carriers fuel, while reducing traffic and emissions, a trucking executive told Congress Wednesday.
July 10, 2008BusinessSafetyGovernment
Insurance Premiums Fall 10% to 50% as New Firms Enter Market
A wave of new insurance companies vying for business from the trucking industry has created an unusual — and welcome — situation: Rates are dropping.
July 14, 2008BusinessSafetyGovernment
Industry Urges Bigger Trucks, But Key Lawmaker Has Doubts
WASHINGTON — Representatives of trucking and shippers urged Congress to increase truck size and weight limits, but the chairman of the House transportation committee said he opposed longer combination vehicles and had doubts about raising weight limits.
July 14, 2008FuelBusinessGovernment
Diesel Increases to $4.727 a Gallon
The average retail price of diesel jumped 8.2 cents to $4.727 a gallon last week, more than wiping out the entire 7.8-cent drop in the price of trucking’s main fuel over the previous five weeks, the Department of Energy reported July 7.
July 14, 2008BusinessGovernmentSafetyFuel
ATA Asks Lawmakers to Take Steps to Lower Fuel Prices
American Trucking Associations asked Congress to implement a comprehensive plan to address the soaring price of diesel fuel and ensures an affordable fuel supply for the nation’s 3.5 million truck drivers.
July 11, 2008BusinessSafetyGovernment
DOT Gives Wisconsin $1 Million to Repair Flood-Damaged Roads
The Department of Transportation said Friday it is making $1 million available immediately to Wisconsin to help pay for urgent repairs to roads and bridges damaged by recent floods.
July 11, 2008BusinessGovernment
Consumer Sentiment Index Remains Low
U.S. consumer confidence gained slightly but remained near a 28-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
July 11, 2008BusinessGovernment
Import Prices Rise 2.6% in June
The price of goods imported to the United States jumped 2.6% in June, the Labor Department said Friday.
July 11, 2008Government
U.S. Trade Gap Narrows in May
The U.S. trade deficit narrowed by 1.2% in May, as a cheaper U.S. dollar spurred more exports, the Commerce Department said Friday.
July 11, 2008BusinessGovernment
FMCSA Cracking Down on Rogue Interstate Moving Companies
The Federal Motor Carrier Safety Administration said Wednesday it will continue to target rogue interstate moving companies that violate federal consumer protection and safety regulations.
July 9, 2008