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Business, Government

U.S. Trade Deficit Narrowed in November, Commerce Reports

The U.S. trade deficit narrowed in November to its smallest level since July 2005 and, as exports reached a record and oil imports declined, the Commerce Department reported Wednesday.

January 10, 2007
Business, Safety, Government, Autonomous

Security & Safety Briefs — Jan. 4 - Jan. 10

Highway Watch Report Leads to Arrest • McMurray Named FMCSA’s Chief Safety Officer • Mass. Trucking Company Files Complaint Against FMCSA • Survey Cites Drivers’ HOS Compliance Concerns • And more...

January 10, 2007
Business, Government, Safety, Autonomous

FMCSA to Propose Electronic Onboard Recorder Rule Thursday

The Federal Motor Carrier Safety Administration said late Tuesday that it will announce a proposed rule regarding electronic on-board recorders for commercial trucks and buses on Thursday morning.

January 10, 2007
Business, Fuel, Government, Autonomous

Crude Oil Closes at 19-Month Low, at $54.02 a Barrel

Crude oil futures hit a 19-month low price, closing at $54.02 a barrel on the New York Mercantile Exchange Wednesday following a Department of Energy report showing strong heating-oil inventories, Bloomberg reported.

January 10, 2007
Business, Government, Safety

ATRI Issues Final Request for HOS Sleeper-Berth Data

The American Transportation Research Institute issued a final call Tuesday for motor carrier safety data to measure the effects of the federal hours-of-service rule’s split sleeper-berth provisions.

January 9, 2007
Business, Safety, Government, Equipment

YRC Folding USF Bestway Unit Into USF Reddaway

Less-than-truckload carrier YRC Regional Transportation said late Monday that its USF Bestway and USF Reddaway units will consolidate into one organization under the USF Reddaway brand.

January 9, 2007
Business, Fuel, Government

Diesel Average Price Drops 4.3 Cents to $2.537 a Gallon

The average retail price of diesel fuel dropped 4.3 cents to $2.537 a gallon, the Department of Energy reported Monday.

January 9, 2007
Business, Government, Safety, Logistics, Autonomous

CDL Fraud Probe Targets False Addresses

Several people who obtained commercial driver’s licenses from a southern Missouri trucking school gave false home addresses, and state officials acknowledge they currently have no way to stop the practice, the Associated Press reported.

January 9, 2007
Business, Government

Delaware May Lease Its Toll Roads, Paper Reports

Delaware may consider leasing its toll roads to pay for road projects, in a move similar to other states, the Delaware News Journal newspaper reported Sunday.

January 8, 2007
Business, Government

Gasoline Price Rises 3 Cents from Mid-December, Lundberg Says

Average U.S. retail gasoline prices rose 3 cents over the past three weeks to $2.32 a gallon, according to the latest Lundberg survey of gasoline prices released Sunday.

January 8, 2007

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