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Technology Briefs — July 6 - July 10

Michigan Enacts Biodiesel, Ethanol Tax Breaks • Saudis, Chevron Testing Method to Extract More Oil • S.C. Using High-Tech Radar to Catch Speeders

July 10, 2006

Diesel Average Climbs 2 Cents to $2.918 a Gallon

The average national price of retail diesel fuel climbed 2 cents to $2.918 a gallon, the Department of Energy reported Monday.

July 10, 2006

Penske to Be Lead Logistics Provider for Eaton

Penske Logistics said Monday that auto and truck parts manufacturer Eaton Corp. had chosen it to be the lead logistics provider for Eaton’s North American automotive and truck segments.

July 10, 2006

Canadian Trucking Alliance Outlines Clean-Air Plan

The Canadian Trucking Alliance unveiled a plan to reduce polluting emissions in the freight transportation sector that calls for use of various technologies to help trucks reduce emissions.

July 7, 2006

June Payrolls Rise 121,000; Unemployment Rate Holds at 4.6%

U.S. payrolls rose by 121,000 in June and the unemployment rate held at 4.6%, matching last month's four-year low, the Labor Department reported Friday.

July 7, 2006

Conservative Felipe Calderon Declared Winner in Mexico Election

Mexican ruling party candidate Felipe Calderon was declared the winner of Mexico’s disputed presidential race Thursday, but his leftist rival vowed to challenge the results in court, which could take until September to decide, the Associated Press reported.

July 7, 2006

Fuel Hedging: Risky Business or Risk Management?

With diesel fuel prices at sky-high levels and volatile, some large shippers are joining for-hire fleets in seeking cost stability by turning to buying and selling options on financial futures contracts — or hedging.

July 7, 2006

Letter to the Editor: Remembering Mike Russell (Cont.)

The late Mike Russell of American Trucking Associations was a good man, and the transportation world will miss his rich, booming, made-for-broadcast voice for a long time to come.

July 7, 2006

Editorial: Secretary Mineta Exits

Norman Mineta has been an exceptional secretary of Transportation and we’re going to miss him at the helm of the nation’s transport efforts.

July 7, 2006

Oil Retreats From Record Highs to Close Week

Oil retreated from a new record intraday high Friday of $75.78 a barrel after signs of a decrease in tension between the West and Iran, news services reported.

July 7, 2006