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Diesel Fuel Price Falls 8.3 Cents; Gasoline Down 6.9 Cents
The national average price of diesel fuel dropped 8.3 cents per gallon last week to $1.39 per gallon, the second-lowest level of the year, according to the U.S. Department of Energy. At the same time, gasoline’s average retail price fell 6.9 cents per gallon to $1.416.
October 2, 2001Editorial: Economic Blows to Ripple Through Trucking
Washington’s rapid financial response to economic threats following the Sept. 11 terrorist attacks has been impressive, but trucking must nevertheless brace for another slump in demand for the cargo it carries.
October 2, 2001California Watching Trucks, Hazmat
Trucks traveling in California will be more closely watched than normal, especially if they are carrying hazardous materials.
October 2, 2001Executive Briefing - Oct. 2
Bush Aide Says Recession Likely • Swissair Suspends Operations • Postal Service Lost $500 Million in Attacks • And more....
October 2, 2001Fed Cuts Interest Rates by Half-Point
The Federal Reserve on Tuesday cut the overnight bank lending rate a half-percentage point to 2.5%, the lowest point since May 1962.
October 2, 2001Trucking Technology Alert - Oct. 2
Retek Forms New Partnership With G-Log; Utility of Hands-Free Phones Questioned; Firms Rethinking Supply Chains; and more ...
October 2, 2001Deaths Involving Large Trucks Decrease Again in 2000
Fatalities from crashes involving large trucks declined for the third year in a row in 2000, falling by 169 deaths to a total of 5,211, the National Highway Traffic Safety Administration reported.
October 1, 2001Anti-Terrorism Scrutiny Increases for Truckers
Law enforcement authorities increased their scrutiny of trucks as potential terrorist weapons after several people detained in the investigation of the World Trade Center and Pentagon attacks were found to have obtained phony commercial driver licenses to transport hazardous material.
October 1, 2001Freightliner Demands Worker Concessions
America’s largest heavy-duty truck maker is asking workers for wage and benefit concessions to help prevent plant closures in its headquarters city and preserve hundreds of jobs.
October 1, 2001NAPM Index, Construction Spending Decline
Two economic reports released on Monday that measure key parts of the U.S. economy delivered more bad news for the trucking industry.
October 1, 2001