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Diesel Price Rises 3.9¢ to $3.573 a Gallon
U.S. retail diesel prices continued to climb last week, rising 3.9 cents a gallon to $3.573, the Department of Energy reported, as crude oil topped $100 a barrel for the first time since October 2008.
February 28, 2011January Truck Tonnage Surges 8%
Truck tonnage surged 8% in January from a year earlier, helped by continued growth in the manufacturing sector, pushing American Trucking Associations’ tonnage index to its highest level since January 2008.
February 28, 2011Consumer Confidence Hits 3-Year High
Consumer confidence rose to a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 25, 2011TransForce Reports Higher 4Q Earnings
TransForce Inc., Canada's largest trucking company, said Friday it had a forth-quarter profit of C$35.6 million on higher revenue from its package delivery and specialized service segments, Reuters reported.
February 25, 2011Texas Cuts Truck Tolls on Highways near Austin
The Texas Transportation Commission has voted to lower truck tolls on two Austin-area highways in an attempt to encourage trucks to use them.
February 25, 2011Fourth-Quarter GDP Revised Down to 2.8%
U.S. gross domestic product rose at a 2.8% annual rate in the third quarter, a smaller rate than the previous estimate, the Commerce Department said Friday.
February 25, 2011Letters: Border Negotiations; Wrong Again, FMCSA
No one knows the Canada-U.S. border and the difficulties even the most trusted individuals and companies have had crossing it in the “security trumps trade” post-9/11 world than truckers. It’s not surprising, then, that truckers welcome the announcement from U.S. President Barack Obama and Canadian Prime Minister Stephen Harper that the two countries are embarking upon negotiations aimed at improved cooperation and coordination at the border.
February 28, 2011Middle East Unrest and Fuel Prices
Just as the U.S. economy seems to be growing some serious muscle, international events are threatening to intervene in what has become a period of steady business improvement.
February 28, 2011Opinion: ‘Black Box’ Retrieval Policies
Loss of event data recorder — or “black box” — information is one of the biggest problems in trucking accident litigation. While the market for EDR monitoring software has exploded in recent years, accident experts and attorneys are finding that much of this technology is incorrectly downloaded, analyzed and stored, creating legal and financial risks that can threaten the very existence of the company that makes use of it.
February 24, 2011Frozen Food Express CEO to Retire
Stoney “Mit” Stubbs Jr., CEO of Frozen Food Express Industries, will retire Monday, the company said.
February 24, 2011