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Carriers Can Achieve Significant Savings by Altering Practices, Consultants Say

Trucking companies should consider altering the ways they levy and maintain fuel surcharges or risk additional red ink from diesel and gasoline costs this year, industry consultants and analysts advise.

April 19, 2010

U.S., Mexican Transport Officials Agree on Border Trucking Panel

Transportation leaders of the United States and Mexico have taken steps toward resolving the countries’ trade dispute, which was sparked by the end of a cross-border trucking program and led Mexico to place tariffs on more than $2 billion in U.S. goods.

April 19, 2010

Diesel Rises 5.4¢ to $3.069

The U.S. average retail diesel price rose another 5.4 cents a gallon last week to $3.069, raising concern among fleet executives and analysts alike that the steady rise could dampen economic growth. 

April 19, 2010

March Truck Sales Up 9.8%

Class 8 U.S. retail truck sales gained 9.8% in March, driven by very strong performances by three original equipment manufacturers, the third month in a row that sales have increased, after falling every month in 2009.

April 19, 2010

Consumer Confidence Level Falls

U.S. consumer confidence held fell this month to its lowest level in five months, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

April 16, 2010

Container Cargo Improves at Virginia Port

Cargo container traffic rose at the Port of Hampton Roads, Va., for the third straight month, the Associated Press reported.

April 16, 2010

Housing Starts, Building Permits Improve

Housing starts rose in March, while building permits increased to the highest level in almost a year and a half, the Commerce Department said Friday.

April 16, 2010

Oil Takes Biggest Drop in 10 Weeks

Oil fell by the most in 10 weeks Friday, tumbling more than $2 to just over $83 a barrel as stocks declined, Bloomberg reported.

April 16, 2010

CSA Is ‘A Win-Win’ for Government, Industry, FMCSA Official Tells Brokers

TUCSON, Ariz. — An official with the Federal Motor Carrier Safety Administration told anxious freight brokers here the agency’s new safety ratings system would not significantly alter their business landscape.

April 16, 2010

Philadelphia Factory Index Rises

Manufacturing levels in the Philadelphia region expanded in March at the fastest pace in four months, the Federal Reserve Bank of Philadelphia said Thursday.

April 15, 2010