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Business, Safety, Government

DOT Freight Transport Index Rises

Tom Biery/Trans Pixs

The Department of Transportation’s freight transportation services index rose 1.9% in August from the same month a year ago, DOT said Wednesday.

October 8, 2008
Business, Government

N.J. Officials Propose Smaller Toll Hikes

New Jersey officials have scaled back proposals to drastically increase tolls on the New Jersey Turnpike and Garden State Parkway, offering a new plan that includes discounts for trucks, the Philadelphia Inquirer reported.

October 8, 2008
Government, Business, Safety

Letters to the Editor: Fed Bailout; Training, Turnover

Do you see anything in “The Bailout Plan” that indicates whether there will be fines and prosecutions for board members, chief executive officers (i.e., the big guys who walk away with millions of dollars per year in bonuses and the people who worked the deals) and the oversight committees who monitor our financial markets?

October 8, 2008
Government, Business, Safety

FMCSA Sends Rules on Chassis, New Carriers to White House

The Federal Motor Carrier Safety Administration sent regulations aimed at strengthening oversight of new trucking companies and of intermodal chassis equipment to the White House for review, putting the regulations on pace to be published before the end of the year.

October 8, 2008
Business, Safety, Government

ATA Expands Highway Safety Agenda

American Trucking Associations said its board of directors has voted to expand ATA’s safety agenda with the goal of further reducing the number of highway-related fatalities.

October 8, 2008
Business

Fed Cuts Interest Rate a Half-Point, to 1.5%

Jay Mallin/Bloomberg News

The Federal Reserve, in an emergency unscheduled meeting Wednesday, cut the key U.S. interest rate by half a percentage point in an effort to bolster the faltering U.S. economy.

October 8, 2008
Fuel, Business, Government

DOE Lowers Forecast for Fuel Prices

Larry Smith/Trans Pixs

The prices of oil, gasoline, heating oil and diesel all will average lower next year than earlier forecast, as global demand slows with the slowing world economy, the Energy Department said Tuesday.

October 7, 2008
Business, Safety

America’s Road Team Driver Tony Sifford Dies in Crash

Tony Sifford, 41, an America’s Road Team captain since 2007, died Sept. 24 near Ruston, La., from injuries sustained in a highway accident that day.

October 7, 2008
Business, Fuel

Diesel Drops 8.4¢ to $3.875; Gas Plunges 14.8¢ to $3.484

Tom Biery/Trans Pixs

After a one-week pause in its downward trend last week, diesel resumed its decline, falling 8.4 cents to $3.875 a gallon, the Department of Energy said Monday.

October 7, 2008
Business

Editorial: The Great Credit Crunch

Trucking is quickly feeling the consequences of the financial meltdown that has paralyzed the nation’s banking and lending community.

October 7, 2008

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