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Industry Groups Seek to Revive Legislation for Truck Safety Technology Incentives
Several trade groups are working to revive legislation that would provide a tax-incentive plan for fleets that purchase safety technology for their vehicles, officials told Transport Topics last week.
November 15, 2006Stonepath Group’s Loss Widens in 3Q
Logistics firm Stonepath Group said late Tuesday its third-quarter loss widened to $22.1 million or 50 cents a share, compared with a loss of $1 million or 2 cents a year earlier.
November 15, 2006Security & Safety Briefs — November 16 - November 22
Powers International Announces Phase II Trial of Satellite Container Monitoring System • Share the Road Conducts Safety Demonstrations in Chicago • Oregon State Police Initiate Truck Tire-Chain Checks at Mountain Passes
November 15, 2006Trucking to Increase Its Share of Nation's Freight to 69.2%, Says ATA Forecast
The trucking industry will increase to 69.2% its share of all freight tonnage moved throughout the U.S. by 2008, according to American Trucking Associations’ U.S. Freight Transportation Forecast to 2017.
November 15, 2006Letters to the Editor: Mac McCormick, Fuel Prices, Driver Shortage
Click here to write a Letter to the Editor. rise today to pay tribute to the life of a distinguished businessman, community leader and friend, Mac McCormick, who passed away on Oct. 26. Mac’s dedication to the state of Indiana kept him involved in public service throughout his life, and I know that he will be greatly missed.
November 15, 2006Opinion: Maybe You’re Hired
Click here to write a Letter to the Editor. ome changes taking place in trucking are more obvious than others, but going through the recruitment and orientation process brings a returning veteran driver up to speed quickly — starting with changes in medical requirements that could surprise an old hand and send him packing.
November 15, 2006Fed Minutes Reveal Continuing Inflation Concerns
Federal Reserve commissioners left the door open for future rate hikes and said some inflation risks remain after deciding during the Federal Open Market Committee’s Oct. 24 meeting to hold rates at 5.25%, according to minutes of the meeting that were released Wednesday.
November 15, 2006Wal-Mart Posts 3Q Profit, Lowers Full-Year Guidance
Wal-Mart Stores on Tuesday said its third-quarter profit rose to $2.6 billion or 63 cents a share, up from $2.4 billion or 57 cents a year earlier.
November 14, 2006Diesel Jumps 4.6 Cents to $2.552 a Gallon
Diesel fuel's national average pump price jumped 4.6 cents to $2.552 a gallon, just the second increase in the past 13 weeks and the biggest one-week gain since a 7.5-cent surge in early August, the Energy Department said Monday.
November 14, 2006Improved Aerodynamics Saves Fuel, Study Finds
A recently-completed study by truck manufacturer Mack finds that truckers could improve their fuel economy by up to 8% by improving the aerodynamics of their tractors and trailers.
November 14, 2006