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Massachusetts Suspends 2% Biodiesel Mandate
Massachusetts has indefinitely suspended a mandate that was to take effect July 1 requiring all diesel fuel and heating oil sold there to be 2% biodiesel.
July 19, 2010EPA Seeks More Biodiesel Use by Nation’s Truck Fleet in 2011
The Environmental Protection Agency announced last week it wants the U.S. trucking industry to increase its use of biodiesel to 800 million gallons in 2011 from 650 million gallons this year.
July 19, 2010Diesel Dips 2.1¢ to $2.903, Its Lowest Level in 19 Weeks
U.S. retail fuel prices continued their midsummer slide last week, as the average cost of a gallon of diesel dipped 2.1 cents to $2.903, and gasoline slipped 0.8 cent to $2.718, the Department of Energy reported.
July 19, 2010Study Questions if CSA Scores Reflect Fleet Safety Performance
Preliminary results from an independent review of the Federal Motor Carrier Safety Administration’s CSA safety monitoring system are raising questions about its ability to accurately identify high-risk carriers.
July 19, 2010Greatwide Signs Contract With Coated Paper Maker
Greatwide Logistics Services said it has signed a contract with NewPage Corp., the nation’s largest maker of coated paper, for dedicated shipments in Wisconsin.
July 16, 2010Initial 2Q Reports Show Profit Gains as Freight Volumes and Pricing Rebound
Carrier earnings for the second quarter started off on a positive note last week, with truckload carrier Landstar System Inc. reporting a 37% increase in net income and J.B. Hunt Transport Services Inc. announcing a 52% rise in profit.
July 19, 2010Intermodal Chassis Data Systems Improve
Two computer systems that support new federal chassis safety rules began working together last week, eliminating one of the stumbling blocks in the implementation process.
July 19, 2010Express-1 Names New Concert Group CEO
Express-1 Expedited Solutions has named Dan Para chief executive officer of Concert Group Logistics.
July 16, 2010Daimler Expects $2.71 Billion 2Q Profit
Daimler AG said Friday it expects to announce a second-quarter profit of 2.1 billion euros ($2.71 billion), due in part to improved results in its truck business.
July 16, 2010TT 100: Carrier Execs Remain Cautious About Capacity, Expand Investments in Other Transport Modes
Signs of an economic turnaround have buoyed hopes for a recovery in trucking, although many fleet executives said they remain cautious about adding freight hauling capacity until rates rise enough to cover expected fuel, equipment and regulatory compliance expenses.
July 19, 2010