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Oil held near $71 a barrel early Monday, following a big drop Friday, on concerns that Europe’s debt crisis could keep demand low, Bloomberg reported.

President Obama’s recent announcement that he was kicking off a major effort to improve the fuel efficiency of commercial vehicles was welcome news to the trucking industry.

Reading the May 24 “Opinion” column on how hard it would be for the smaller freight brokers to exist with a higher bond, my heart goes out to them, but my sympathies run with the trucking companies that use these brokers, small or large.

Transport Topics is offering a free downloadable report on CSA 2010, the government’s new safety regime for the trucking industry.

American Trucking Associations, truck manufacturers and the U.S. Chamber of Commerce have urged the Senate to address a research and development bill on increasing fuel efficiency and reducing greenhouse gas emissions in medium- and heavy-duty trucks.

A new report by the Ontario government recommends that the legislature consider road tolling for trucks and cars to reduce greenhouse gas emissions and fund mass transit infrastructure.

Logistics firm Expeditors International of Washington said airfreight tonnage has risen 40% in the first three months of 2010 compared to last year, the Associated Press reported.

U.S. consumer confidence increased this month, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

WASHINGTON — A week after President Obama announced that the federal government would be crafting the first-ever fuel economy standards for large trucks, observers said it was still unclear exactly what those standards would entail.