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Government, Business, Safety, Fuel

TCA Chiefs Report Little Sign of Freight Tonnage Recovery

NASSAU, Bahamas — Leaders of the Truckload Carriers Association said their members have seen no improvement in the thin freight market, despite reports that tonnage has increased in the past three months, and that their other great worry was sharply rising fuel prices.

March 10, 2008
Business, Fuel

Oil Tops $106 a Barrel

Edouard Gluck/Blooomberg News

Crude oil set another record Friday, topping $106 a barrel in intraday trading for the first time before receding to close near $105, Bloomberg reported.

March 7, 2008
Business, Safety, Government, Fuel

Fed ‘Beige Book’ Cites Freight Slowdown

Tom Biery/Trans Pixs

The U.S. economy has weakened since the start of the year, hitting both freight transportation and manufacturing, both of which are dealing with soaring energy prices, the Federal Reserve said Wednesday.

March 5, 2008
Business, Safety, Government, Fuel

Letters to the Editor: Port Restrictions, Congress and LCVs, Hours of Service, Farewell Trucking

This is in response to the Port of Long Beach’s idea to restrict trucks at the port. It sounds like they are trying to eliminate owner-operators by forcing them to upgrade their trucks when they can barely survive with the cost of fuel and insurance, among other things, going through the roof.

March 4, 2008
Government, Business, Safety, Fuel, Logistics

Diesel Jumps 10.6¢ to Record $3.658

Bruce Harmon/Trans Pixs

3he average national price of retail diesel fuel jumped 10.6 cents to a record $3.658 a gallon, following last week’s record $3.552, the Department of Energy said.

March 4, 2008
Fuel, Business

EPA to Hold Workshop on Test Protocol

The Environmental Protection Agency has scheduled a workshop for March 19-20 in Washington, D.C., to discuss a draft proposal to measure greenhouse gas emissions and fuel efficiency for trucks.

March 3, 2008
Business, Government, Fuel

Gasoline Consumption Falling

Larry Smith/Trans Pixs

Soaring gasoline prices, pushed by record crude oil prices, are causing U.S. consumers to reduce consumption of gasoline, the Wall Street Journal reported Monday.

March 3, 2008
Government, Business, Safety, Fuel

Fleets Search for Savings Through Strategic Equipment Purchases

With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.

March 3, 2008
Fuel, Business, Government

B.C. Proposes Carbon Tax to Spur Emissions Reductions

The British Columbia government is planning to impose a carbon tax on fossil fuels beginning on July 1, the most comprehensive tax of its kind in North America.

March 3, 2008
Fuel, Government

Diesel Hits Record $3.552 a Gallon

The average retail price of diesel fuel jumped 15.6 cents a gallon to a new record of $3.552 last week, more than 10 cents above the previous record, which was set Nov. 26.

March 3, 2008