Diesel fuels national average price rose for the seventh straight week, gaining 4.4 cents to $2.616 a gallon, the Energy Department said.
June 23, 2009Search
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ATA Seeks Commodities Markets Transparency
American Trucking Associations Monday called on Congress to increase the transparency of commodities futures markets and impose reasonable aggregate position limits on energy commodities, in an effort to stem the price spikes and record high prices of last summer.
June 22, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Senate Panel Approves Renewable Energy Bill
The Senate Energy and Natural Resources Committee has approved legislation that would open more of the eastern Gulf of Mexico to oil and gas drilling, Bloomberg reported.
June 22, 2009Mass. Transportation Plan Delays Toll Increase
The Massachusetts Senate has approved a transportation reform bill that would avoid a planned toll increase in tollsand would abolish the Massachusetts Turnpike Authority by the end of the year, the Associated Press reported.
June 19, 2009Fuel Prices vs. Speculators
The use of diesel fuel has fallen sharply as freight levels have nose-dived during the global recession. The home-heating oil season has ended, so there is no competition for the distillate both heating oil and diesel are made from.
June 22, 2009Oil Continues to Fall, Dropping Below $68
Oil prices continued to fall over the weekend, dropping below $68 in pre-market trading Monday on the New York Mercantile Exchange, Bloomberg reported.
June 22, 2009YRC Announces Deal With Pension Fund
YRC Worldwide last week said it has reached an agreement with the largest pension fund that pays benefits to YRCs unionized employees. The agreement allows the company to defer $83 million in second-quarter pension payments while it provides real estate as collateral.
June 22, 2009SCR Engine Makers Deny Navistar Claims
Several truck and engine manufacturers who plan to use selective catalytic reduction technology to meet 2010 emission standards have denied allegations by Navistar Inc. and have asked a federal appeals court to give them standing to argue against Navistars lawsuit against the U.S. Environmental Protection Agency.
June 22, 2009DOT Prepares to Issue New Rule to Cut Truck Stopping Distance
The Department of Transportation is preparing to issue its long-delayed rule that would slice the stopping distance for large trucks by as much as 30%.
June 22, 2009Wyoming Legislators Consider Tolling I-80
Wyoming legislators are considering a highway funding plan that could cost trucks more than $100 in tolls to run the full 400 miles across the state on Interstate 80.
June 22, 2009