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Study: Crash Data Flawed
Safety regulators do not have a foolproof path to follow for quickly assessing fault in crashes and then using those judgments to predict future risk among trucking companies, according to a study released last week by the Federal Motor Carrier Safety Administration.

Fleet Failures at Record Low as Rates Rise, Fuel Declines 
Fleet failures plummeted to an all-time low in the fourth quarter as higher rates and lower fuel prices pumped cash into the fleets that were in danger of failing, a new report said.

Diesel Average Falls Below $3 for First Time Since Sept. 2010 
For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.





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epw.senate.gov
Foxx: States to Delay Highway Projects Without Congressional Action on Transportation
WASHINGTON — Transportation Secretary Anthony Foxx said Tennessee and other states are delaying major construction projects relevant to the trucking sector because they are unsure long-term federal backing will be there to help finance their plans.

Landstar Posts Higher 4Q Profit From Continuing Operations
Landstar System Inc.’s fiscal fourth-quarter profit rose from a year earlier, excluding a gain on the sale of its logistics businesses in 2013.

Pending Sales of Existing Homes Drop by Most in a Year
Contracts to purchase previously owned U.S. homes fell in December by the most in a year, a sign the industry’s recovery remains uneven.


TT ARCHIVES

TT Archives: Highway Funding
In this issue of Transport Topics, President Eisenhower’s Advisory Committee on a National Highway Program proposed increasing the nation’s highway expenditures by $101 billion over the next 10 years, expanding the National System of Interstate Highways to 400,000 miles.  
 

FUEL PRICES - WEEK OF JAN. 26
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