Letters: APU Market Slump, Fuel Prices, Execs vs. Dealers, E-Logs, Outrageous Terms
Your story on the demise of RigMaster comes as no surprise in a sector of the truck market that has seen a drastic downturn of new business, mostly exacerbated by tightening of credit markets (2-9, p. 4).
March 3, 2009Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Diesel Drops to 4-Year Low; Gas Resumes Rise
Diesel fuel fell to a four-year low, dropping 4.3 cents to a national average of $2.087 a gallon, the Energy Department said.
March 3, 2009LaHood Rejects Fuel Tax Hike After Urging Funding Creativity
WASHINGTON — Transportation Secretary Ray LaHood said federal officials should explore all options to finance infrastructure, but he later strongly rejected a fuel tax increase, at least while the economy is in recession.
March 2, 2009Obama’s Call for Cap-and-Trade a Concern for ATA Chairman
President Obama called on Congress to approve legislation creating a cap-and-trade system aimed at reducing carbon emissions. Obama spoke on Feb. 24 to Congress in a joint session and invited spectators, who included the chairman of American Trucking Associations.
March 2, 2009Engine Makers Defend SCR Against ‘Unsubstantiated Claims’
Truck engine makers planning to use selective catalytic reduction in 2010 engines lashed out last week against what one executive called “unsubstantiated attacks leveled against SCR” by the one manufacturer that plans to use only exhaust gas recirculation to cut emissions of smog-forming nitrogen oxides.
March 2, 2009Trucks Gain Market Share From Intermodal
Motor carriers, locked in a fight for freight in an imploding market, are taking some business away from rail intermodal with help from lower fuel prices, an industry analyst said.
March 2, 2009Oil Tops $42 After Fuel Inventory Reports
Oil futures price rose $2.54 Wednesday to settle at $42.50 per barrell on the New York Mercantile Exchange, the Associated Press reported.
February 25, 2009Obama Urges Cap-and-Trade Legislation
President Obama urged Congress Tuesday night to pass legislation to implement a cap-and-trade program to regulate carbon pollution in the United States, Agence France-Presse reported.
February 25, 2009Mass. Tolls to Increase if Fuel Tax Isn’t Raised
The Massachusetts Turnpike Authority approved toll increases Tuesday, but promised that motorists will avoid the increases if the state legislature increases the fuel tax, the Boston Globe reported.
February 24, 2009Diesel Drops 5.6¢ to $2.13
Diesel fuel continued its downward track Monday, falling 5.6 cents from a week ago to an average $2.13 gallon nationwide, Department of Energy reported.
February 23, 2009