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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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Andrew Harrer/Bloomberg News
Senate Approves Keystone XL Pipeline
The Republican-controlled U.S. Senate passed a bill to approve the Keystone XL pipeline Jan. 29, setting up a conflict with President Barack Obama, who has promised a veto.

Jan. 29 Earnings Roundup: Landstar, Werner Say Profits Rose by About Half
Landstar System Inc. and Werner Enterprises Inc., two of the largest truckload carriers, announced fourth-quarter earnings increases of 53% and 48%, respectively, to continue the positive trend in the sector.

DTNA Settles Former Workers’ Discrimination Case
Daimler Trucks North America said it will pay $2.4 million to settle a discrimination-related complaint by six former factory employees.


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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