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Diesel Price Falls by 2.1¢ to $4.127, While Gasoline Drops 1.7¢ to $3.922
Retail diesel prices fell 2.1 cents a gallon to $4.127 last week, the U.S. Department of Energy reported, continuing a recent pattern of modest cost fluctuation after sharp increases earlier in the year.
April 23, 2012Expanded Use of Tolling a Threat to Trucking, NFI’s Grabell Testifies to Senate Subcommittee
The expanding use of tolls on U.S. roads and significant toll increases are serious threats to the trucking industry and its customers, Steve Grabell, chief financial officer for National Freight Inc., told a Senate subcommittee last week.
April 23, 2012DOT to Award Funding for Heavier-Truck Study
The U.S. Department of Transportation said it soon will award grants to state agencies to study the safety of trucks running heavier than allowed by current federal law.
April 23, 2012Earnings Rise in 1st Quarter, but Firms Cautious on Future
Business in the first quarter was better for most trucking companies than the first three months of 2011, according to returns from publicly traded fleets and comments from privately held firms.
April 23, 2012Trucking Remains Dominant Freight Mode, ATA Reports in Its Latest Edition of ‘Trends’
Trucking continues to be the dominant mode of freight transportation in the United States, with the industry hauling 67% of all freight in 2011, American Trucking Associations said in its latest edition of “American Trucking Trends.â€
April 23, 2012California High Court Issues Mixed Ruling on Employee Meal Breaks Regulation
A ruling by the California Supreme Court has given employers little clarity about a controversial law governing employee rest breaks, the state’s trucking association said.
April 23, 2012SAE Updates Truck Standards for Wide Variety of Systems
New and updated standards from SAE International involving handling maneuvers, braking, corrosion testing, electrical systems and windshield wipers are expected to again have a significant effect on the trucking industry, several industry experts and manufacturers have said.
April 23, 2012Daimler Opens Massive Factory in India, World’s Fastest Growing Truck Market
CHENNAI, India — Daimler AG officially opened its massive plant here on April 18, as the world’s largest commercial vehicle maker tries to push its way into what has become the fastest-growing truck and bus market in the world.
April 23, 2012House Shifts Highway Strategy, Seeks Compromise With Senate
The House of Representatives last week abandoned its efforts to pass a long-term transportation reauthorization bill of its own and voted to go to conference on the $109 billion, two-year bill already approved by the Senate.
April 23, 2012Rule on Medical Examiners Issued
The Federal Motor Carrier Safety Administration released its long-anticipated national registry for certified medical examiners last week, requiring medical professionals who examine commercial drivers to receive training on driver health issues.
April 23, 2012