Crude oil fell $7 to below $95 a barrel in early trading Monday, a seven-month low, as Gulf of Mexico refineries escaped major damage from Hurricane Ike over the weekend, Bloomberg reported Monday.
September 15, 2008Business, Technology, Equipment, Safety
ABF Expands Delivery Services Via Regional Network
ABF Freight System Monday said it has set faster transit times in more than 24,000 station-to-station lanes including 1,300 new next-day lanes and 21,000 new second-day lanes.
September 15, 2008Business, Government, Safety
Highway Coalition Applauds Rejection of Pa. I-80 Tolls
A coalition of highway users including American Trucking Associations applauded the U.S. Department of Transportation’s decision last week to reject tolls on Interstate 80 in Pennsylvania, though a truckers group in that state warned that officials may seek to privatize the Pennsylvania Turnpike.
September 15, 2008Business, Government, Safety, Fuel
Oil Falls Below $95 as Refineries Escape Major Damage from Hurricane Ike
Business, Government, Safety, Fuel, Autonomous
Court Denies Calif. Port Stay; ATA Files Expedited Appeal
A federal judge last week denied American Trucking Associations’ request for a preliminary injunction against controversial portions of emission-reduction programs at the California ports of Los Angeles and Long Beach.
September 15, 2008Business, Government, Safety, Fuel, Autonomous
Trucking Companies Face Growing Cash Crunch as Shippers Struggle to Survive Downturn
Astronomic fuel prices are only part of the economic drag on trucking these days. Add the growing length of time on accounts receivables, more customer bankruptcies and the tightening of credit by suppliers and lenders, and it’s easy to see how carriers’ cash flow has ebbed.
September 15, 2008Government, Business, Safety
Gulf Refineries Brace for Hurricane Ike’s Landfall Near Houston
Oil refineries on the Gulf Coast in Texas and Louisiana shut down operations Friday as Hurricane Ike prepared to come ashore overnight near Houston in what could be the biggest hurricane to hit Texas in 50 years, news services reported.
September 11, 2008Business, Safety, Government
Letters to the Editor: Mexico Border Pilot, Driver Appreciation, Outsourcing Overseas, Slow-Pay Blues
If the Chinese are going to make all the goods, the Arabs supply all the oil and the Mexicans do all the transportation, what are we going to do? This sounds very much like the fall of the Roman Empire in past history.
September 11, 2008Business, Safety, Government
DOT Freight Transportation Index Jumps 4.1% in July
The Department of Transportation’s freight transportation services index jumped 4.1% in July from a year ago, the largest July-over-July gain in four years.
September 10, 2008Business, Safety, Government
House Passes Bill to Halt Mexican Trucks Program
The House voted 395-18 late Tuesday to halt the Department of Transportation’s year-old program to allow Mexican trucks free access to U.S. roads.
September 10, 2008Business, Safety, Government, Autonomous
Editorial: Reducing Highway Fatalities
Trucking-related highway fatalities fell again last year, to their lowest level in 15 years, according to data from the Department of Transportation.
September 10, 2008