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Diesel Slips Under $4 a Gallon
Diesel fuel’s national average price fell 6.5 cents to $3.958 a gallon, the 10th straight weekly decline and the first time it has fallen below the $4 mark in almost six months, the Department of Energy said Sept. 22, although a surge in crude oil prices added uncertainty to the outlook.
September 29, 2008Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
New ºÚÁϳԹÏÍø Sales Drop to 17-Year Low
New home sales dropped 11.5% in July to the lowest since January 1991, the Commerce Department said Thursday.
September 25, 2008Court Ruling Green-Lights SoCal Ports’ Clean Trucks Plan
A federal appeals court Wednesday denied a motion to block a clean trucks program at the Southern California ports of Long Beach and Los Angeles, allowing the sister ports to begin implementation of the program Oct. 1, the Contra Costa (Calif.) Times newspaper reported.
September 25, 2008Durable Goods Orders Fall 4.5% in August
Durable goods orders fell 4.5% in August, the Commerce Department said Thursday.
September 25, 2008Congress Reaches Deal on Rail Safety Bill
House and Senate negotiators reached a deal Tuesday on a major railroad safety reform bill that will require new technology to prevent crashes and limit hours engineers can work, the Associated Press reported.
September 24, 2008Senate Passes Energy Measure; Trucking Seeks ‘Comprehensive Solution’
The Senate approved a bill that would provide tax credits for renewable energy and energy efficiency, the Associated Press reported, and a top trucking official urged Congress to pass comprehensive measures to help lower fuel costs.
September 24, 2008Congress May Link Change in Truck Size to Vehicle Miles Tax, DeFazio Says
WASHINGTON — Congress may link any change in truck size- and-weight limits in upcoming highway legislation to a new commercial vehicle-miles-traveled tax, Rep. Peter DeFazio (D-Ore.), chairman of the House Highway and Transit Subcommittee, said last week.
September 23, 2008Union Pacific Boosts 3Q Earnings Forecast
Freight railroad Union Pacific Corp. Tuesday boosted its third-quarter earnings forecast due to lower fuel prices and improved operating efficiency.
September 23, 2008Collision-Warning System an Option for Freightliner
Heavy-duty truck components supplier Eaton Corp. said its Vorad VS-400 collision-warning system has become a factory-installed option on all Freightliner Cascadia, Century and Columbia Class 8 trucks.
September 22, 2008NTSB Says New Technologies Could Help Alert Tired Truckers
Trucking companies could do more to enforce rules that drivers get enough rest, and the government should consider moving toward mandating the use of new technologies to alert tired truckers, the Associated Press reported.
September 22, 2008