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DOT Initiatives to Proceed Despite Exit, Mineta Says
Potentially controversial initiatives aimed at reducing congestion and changing the structure of highway financing that Department of Transportation Secretary Norman Mineta launched before his recent departure will keep moving forward, Mineta told Transport Topics in a July 6 interview.
July 18, 2006Heartland Express’ Second-Quarter Profit Increases
Truckload carrier Heartland Express’ second-quarter profit rose to $24.8 million or 25 cents a share, up from $17.6 million or 18 cents a year ago.
July 18, 2006Diesel Price Gains 0.8 Cent to $2.926 a Gallon
The average national price of retail diesel fuel rose 0.8 cent to $2.926 a gallon, the Department of Energy said Monday.
July 18, 2006UPS, FedEx Subpoenaed in Air-Cargo Probe
UPS Inc. and FedEx Corp. have each received federal subpoenas for documents as part of a Justice Department investigation into alleged price fixing in the air-cargo industry, Bloomberg reported.
July 17, 2006Industrial Production Rises 0.8% in June
U.S. industrial production rose 0.8% in June, the Federal Reserve said Monday.
July 17, 2006Portland, Ore., Passes 5% Biodiesel Mandate
The Portland, Ore., city council last week passed a measure that requiring filling stations to sell diesel containing 5% biodiesel, Portland television station KATU reported on its Web site.
July 17, 2006Eaton Reports Record 2Q Sales, Income
Vehicle parts maker Eaton Corp. Monday reported record sales and income for the second quarter.
July 17, 2006R.I. Sets Tougher Idling Law With State Trucking Group’s Blessing
Rhode Island Gov. Donald Carcieri (R) signed a bill July 10 prohibiting truck drivers from idling their engines for more than five consecutive minutes during any 60-minute period.
July 17, 2006Technology Briefs — July 11 - July 17
Terion Upgrades FleetView Tracking System • DriverTech, Air-Weigh Offer New Service • Skills Technician Contest Set For TMC’s Fall Meeting • RigMaster Says APUs Can Burn ULSD • And more...
July 17, 2006New Group to Test ULSD for Retailers
Petroleum-industry representatives have set up a consortium to test ultra-low-sulfur diesel that they said would give fuel retailers a potential defense if they are found to be selling ULSD that is over the government’s sulfur limit.
July 17, 2006