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A.M. Executive Briefing - April 6

In the news this morning: Emery Worldwide sues US Postal Service over mail processing centers; Volkswagen chiefs set to take places on Scania board; and Maine lawmakers vote to rebate state fuel tax to truckers.

April 6, 2000

Oil Supply Optimism Lowers Diesel Prices

The national diesel price average recorded its biggest drop of the year last week, after the Organization of Petroleum Exporting Countries agreed to boost oil production by some 1.7 million barrels a day.

April 5, 2000

Idaho Senate Votes to Scrap Ton-Mile Tax

The Idaho Senate addressed the state’s weight-distance tax problems by unanimously voting to scrap the beleaguered system and replace it with higher truck registration fees, much as other former ton-mile tax states have done.

April 5, 2000

Canadian Trucking Feels Fuel Crunch

Canadian truckers, like their U.S. counterparts, are continuing to feel the squeeze of higher fuel prices.

April 5, 2000

More in Trucking Take Leap Onto Online Bandwagon

Vendors are flooding the market with Internet-based exchanges for managing and moving freight. As the exchanges proliferate, the vendors jockey for position in hopes of attracting enough business to keep carriers’ trailers full while cutting costs for shippers.

April 5, 2000

California Cracks Down on Mexican Leasing

State and federal inspectors have started cracking down on Mexican truckers operating under illegal leasing agreements with U.S. carriers to go beyond the 28 commercial zones along the U.S-Mexico border.

April 5, 2000

VW Buys Big Piece of Scania

Volkswagen AG agreed to buy more than 30 million shares of Scania to become the largest owner of the Swedish truck and bus maker.

April 5, 2000

Truck Dealers Hope for ‘Flood’ Relief

Coming off a record sales year, truck dealers are “looking forward” to a slackening of the sales pace in 2000, according to James H. Westlake, director of the American Truck Dealers division of the National Automobile Dealers Assocation. ATD will hold its 37th annual convention and exposition April 8 to 11 in San Antonio.

April 5, 2000

53-Foot Trailer Enabling Bill Wins House Approval in Vermont

Trucks pulling 53-foot trailers would have nearly unfettered access to most of Vermont’s major roads under legislation approved by the state House of Representatives. The only restriction would be overall vehicle length.

April 5, 2000