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Business, Government, Fuel

OPEC Says Oil Will Not Reach $100 Soon

OPEC said current record crude oil prices do not reflect the group’s objectives and that oil is not likely to reach $100 a barrel soon, Bloomberg reported Tuesday.

Dan Ronan | Senior Reporter
October 30, 2007
Business, Government

Congress May Require Safety Technology in 2009 Highway Bill, FMCSA’s Hill Says

ORLANDO, Fla. — John Hill, head of the Federal Motor Carrier Safety Administration, suggested the 2009 highway reauthorization package could include a mandate for fleets to install safety technology on their trucks, regardless of who wins the next presidential election.

October 29, 2007
Business, Fuel

Oil Tops $93 a Barrel

Edouard Gluck/Blooomberg News

Crude oil climbed above $93 a barrel for the first time in intraday trading Monday, after Mexico shut 20% of its production, Bloomberg reported.

Dan Ronan | Senior Reporter
October 29, 2007
Business, Government

YRC’s Zollars Cites Concerns on Economy

YRC Worldwide Chairman and Chief Executive Officer Bill Zollars said he sees no sign that a yearlong slump in U.S. trucking will ease, Bloomberg reported.

Dan Ronan | Senior Reporter
October 29, 2007
Business

UAW Approves Chrysler Contract

The United Auto Workers narrowly approved a proposed contract with Chrysler LLC, Bloomberg reported.

Dan Ronan | Senior Reporter
October 29, 2007
Government, Business, Safety

Trucking Faces Challenges, ATA Says

ORLANDO, Fla. — Trucking executives going through a recession in their industry heard predictions that more hard times for them lay ahead in politics and the economy, but remained optimistic and prepared to take an active role in shaping their future.

October 29, 2007
Government, Business, Safety

ATA to Push Climate Initiative

ORLANDO, Fla. — Executives with American Trucking Associations endorsed a program aimed at tying several key trucking-industry issues to growing political concern about global warming.

October 29, 2007
Business, Safety, Government

Kuntz Increases Drumbeat for More Road Funding

ORLANDO, Fla. — Four months into his term as chairman of American Trucking Associations, Ray Kuntz said the nation’s inadequate highway infrastructure is worse than he had thought and that long-term highway leases to private companies are not a solution.

October 29, 2007
Business, Government, Safety, Fuel, Logistics

Graves Urges Industry to Lead on Warming, Highway Issues

ORLANDO, Fla. — ATA President Bill Graves challenged industry leaders to move aggressively to lead the national debate on climate change, linking truck emission reductions to higher fuel consumption and the need for greater trucking productivity to alleviate congestion.

October 29, 2007
Business, Logistics

Kansas City Southern’s 3Q Earnings Rise

Kansas City Southern railroad said its third-quarter earnings jumped 58%, as it handled more autos, coal and chemicals.

Dan Ronan | Senior Reporter
October 26, 2007

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