Diesel fell for the fourth straight week and ninth in the past 10, dipping 0.4 cent to $2.899 a gallon, the smallest of its recent declines, the Department of Energy said.
July 19, 2010Search
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Import Container Volume Rises at Major U.S. Ports
July import cargo volume at the nation’s major container ports will be about 16% higher than same month last year, according to a National Retail Federation report.
July 16, 2010Consumer Confidence Hits One-Year Low
A month after hitting the highest level in two years, consumer confidence reached a one-year low, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
July 16, 2010Daimler Signs Agreement with Chinese Truck Maker
Daimler AG signed an agreement with Beiqi Foton Motor Co. on Friday to set up a 6.35 billion yuan ($940 million) venture to make medium and heavy duty trucks in Beijing, as the two seek to boost sales in China, Bloomberg reported.
July 16, 2010Consumer Price Index Falls in June
The consumer price index dropped 0.1% in June, the third consecutive decline, the Labor Department said Friday.
July 16, 2010Letters: Roadcheck Success, Raising Bond Prices, Hours of Service, Workers’ Comp
Are carriers generally immune from exercising sound business practices? It’s really not that difficult to gather solid credit history and information on a broker, whereas getting accurate relevant information on a shipper is much more difficult.
July 19, 2010Roadcheck Success
The results from the Roadcheck 2010 safety blitz reinforce the message that trucking takes safety compliance seriously.
July 19, 2010Medium-Duty Truck Sales Rise 37.3%
The continuing surge in Classes 3 and 6 retail truck sales pushed medium-duty volumes 37.3% above the same month in 2009.
July 19, 2010CVSA Says Driver Compliance Matches ’09 Roadcheck Record
Of the drivers pulled over during last month’s Roadcheck 2010, only 4.4% were placed out of service, tying the driver compliance record set in 2009, the Commercial Vehicle Safety Alliance reported.
July 19, 2010Graves Sees Lengthy Delay Before Highway Bill Passes
American Trucking Associations President Bill Graves said he does not believe there will be any congressional action on a new long-term highway bill until at least 2011 — and possibly not until after the next presidential election.
July 19, 2010