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Business, Safety, Fuel

ATA Asks for Oil Release from Strategic Petroleum Reserve

American Trucking Associations asked President Bush in a letter this week to help “burst the bubble in the crude oil market” by releasing oil from the Strategic Petroleum Reserve.

March 21, 2008
Business, Government, Fuel

Oil Dips Below $100; Has Lowest Closing Price in Two Weeks

Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.

March 20, 2008
Business

FedEx’s 3Q Earnings Fall 6%

FedEx Corp.

FedEx Corp. said Thursday its fiscal third-quarter profit fell 6% to $393 million, or $1.26 a share, from $420 million, or $1.35 a share, a year earlier.

March 20, 2008
Government, Business

Leading Economic Indicators Decline for Fifth Month

An index of leading economic indicators fell 0.3% in February, the New York-based Conference Board said Thursday.

March 20, 2008
Government, Business

YRC Chief Says 1Q Earnings May Fall

YRC Worldwide Chief Executive Officer Bill Zollars said the company’s first-quarter earnings will likely be lower than expected, the Associated Press reported.

March 20, 2008
Business

Jobless Claims Rise 22,000 for Week

Initial jobless claims rose 22,000 last week, the Labor Department said Thursday.

March 20, 2008
Business

I-95 Reopens in Philadelphia

A two-mile section of Interstate 95 in Philadelphia that was closed for more than two days reopened early Thursday, the Philadelphia Inquirer reported.

March 20, 2008
Business

ArvinMeritor Says 2Q Earnings Will Improve

Heavy-duty parts maker ArvinMeritor Inc. said its fiscal second-quarter earnings would be “significantly better” than last year’s second quarter.

March 19, 2008
Business, Safety, Government, Fuel, Technology, Equipment

Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening

The Opinion column by John Hausladen, “Be Ready to Explain Your SAFER Scores,” is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is — and, how it can be misinterpreted by those uninformed about the industry.

March 19, 2008
Government, Business, Safety, Technology, Equipment

DOT Says Delay Hits Progress on Several Key Regulations

A recent Transportation Department report said work on several key new regulations has fallen behind schedule, including shorter stopping distance for heavy trucks, safety reviews of new trucking companies, medical certification of drivers and a new registration system.

March 19, 2008

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