Monthly diesel fuel average prices will be at least $3.40 a gallon for the first three months of 2008 before tailing off later in the year to near $3, the Department of Energy said Tuesday.
January 8, 2008Search
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Year in Review: Hours Battle Continued in ’07 as Adversaries Went to Court
The eyes of the trucking industry were firmly fixed on Washington for much of 2007, first watching a federal court deliberate over the fate of the hours-of-service rule, then looking to the Federal Motor Carrier Safety Administration to see how it would address the court’s ruling.
January 9, 2008
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
UPS Expands International Express Service
UPS Inc. said Monday it is expanding an international air-freight service that guarantees delivery dates, as it leans more on global operations.
January 7, 2008Oil Prices Fall on Economic Concerns
Crude oil fell by almost $3 to near $95 a barrel Monday, on concerns a cooling economy will curb demand for oil and gasoline, Bloomberg reported.
January 7, 2008GM Eyes Growth Outside of U.S.
General Motors Corp. is likely to get as much as 75% of its car and truck sales from outside the Untied States within a decade, Bloomberg reported Monday.
January 7, 2008I-81 Will Not Have Truck-Only Toll Lanes, Paper Says
After years of study, Interstate 81 in Virginia will not contain separate truck-only lanes, the News-Virginian newspaper reported Sunday.
January 7, 2008Storms Hammer West Coast, Closing Some Roads
The West Coast was hit by a huge storm Friday that dumped more than 5 inches of rain in some parts of California and feet of snow elsewhere, temporarily closing some major roadways, the Los Angeles Times reported Monday.
January 7, 2008Diesel Average Increases 3.7¢; Crude Briefly Tops $100
The average price of diesel fuel rose 3.7 cents to $3.345 a gallon last week while the price of crude oil pushed past $100 a barrel for the first time, which analysts said would soon lead to higher fuel prices.
January 7, 2008IRS Assesses FedEx $319 Mln. in Driver Classification Dispute
The IRS struck another blow to FedEx Ground’s independent contractor business model, assessing the package delivery company back taxes and penalties of $319 million for 2002 after an audit determined that company drivers should have been classified as employees.
January 7, 2008Year In Review: IT Firms Court Smaller Fleets, Continue Consolidation
Information technology vendors took aim at smaller fleets in 2007, offering software and tracking options that don’t require carriers to invest in full onboard computer systems.
January 7, 2008