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, 2008Search
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Oil 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, 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, 2008Letters to the Editor: CARB Reefer Rules, Intermodal Answers
The op-ed by the California Air Resource Board’s enforcement division chief, James Ryden, about the new refrigerated carrier rules is as expected with CARB: “Ready, FIRE, aim!â€
January 7, 2008New Mexico Considering Idling Regs
The New Mexico Department of Environment is considering limiting the amount of time long-haul truckers can leave their vehicles idling at truck stops, the Associated Press reported.
January 7, 2008Diesel Rises 3.1¢ to $3.376
Diesel fuel’s national average pump price rose 3.1 cents from last week to $3.376 a gallon, while gasoline jumped 5.6 cents to $3.109, the Department of Energy said Monday.
January 7, 2008