Car Haulers, Teamsters Union Set Deal
The Teamsters union last week agreed to a new labor contract with 10 auto transporters, six days after Performance Transportation Services Inc., the sector’s second-largest fleet, closed its doors.
June 23, 2008Daily 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.
Ontario Orders Speed Limiters on All Trucks Set at 65 mph
Ontario approved legislation last week that will require every heavy-duty truck operating in the province to employ a device to govern its maximum speed at 105 kilometers per hour, or about 65.2 miles per hour.
June 23, 2008Diesel Average Remains Unchanged at $4.692
The national average diesel price remained unchanged at $4.692 a gallon last week, following small declines for the previous two weeks, the Department of Energy reported, matching the longest stretch without an increase so far this year.
June 23, 2008ATA Cites Concerns on Patchwork Climate Change Regs
A top trucking official urged Congress Thursday to take a cautious approach to climate change initiatives, saying the industry was concerned over the impacts of pending cap-and-trade legislation on the economy and fuel prices.
June 20, 2008Oil Rises to Close Week Over $134 a Barrel
Crude oil rose Friday, a day after sliding almost $5 on reports that China would raise fuel prices, news services reported.
June 20, 2008Philadelphia Manufacturing Index Declines
Manufacturing levels in the Philadelphia region declined this month, continuing to show contraction, the Federal Reserve Bank of Philadelphia said Thursday.
June 19, 2008Leading Indicators Rise for Second Straight Month
An index of leading economic indicators improved in May, the second straight increase, the New York-based Conference Board said Thursday.
June 19, 2008Ontario to Require 65-MPH Speed Limiters on Trucks
The Ontario Legislature passed a measure Monday requiring speed limiters on large trucks that would cap speeds at 105 kilometers per hour, the equivalent of 65.2 miles per hour, the Ontario Transportation Ministry said.
June 18, 2008Bush Calls for More U.S. Oil Exploration
President Bush said Wednesday that Congress should allow for expanded U.S. offshore oil drilling and called for opening up more areas for domestic energy exploration.
June 18, 2008Roadway Sets New Custom Pickup and Delivery Service
YRC Worldwide unit Roadway Express said Wednesday it has launched a new specialized pickup and delivery service.
June 18, 2008