Diesel Soars 16.1¢ to $3.819; Gasoline Sets Record $3.225
The price of retail diesel fuel jumped 16.1 cents to a third straight record, reaching a national average of $3.819 a gallon, and gasoline hit a new record, the Department of Energy said Monday.
March 11, 2008Forward Air to Buy Houston Firm
Forward Air Corp. said it will buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 11, 2008Con-way Reducing Its Fleet Speed to 62 MPH
Less-than-truckload company Con-way Freight said Monday it has turned back the speed governors on its 8,400-tractor fleet to run at a maximum 62 miles per hour, down from a previous 65 mph, in an effort to improve fuel conservation and reduce carbon emissions.
March 10, 2008Letters to the Editor: HOS, Crash Statistics, No Driver Shortage, Aerodynamics
I have been driving for 46 years and have been with Roadway 25 years. I think the 11-hour rule is very good. It gives you some flexibility if you have any delays.
March 10, 2008CARB Set to Distribute $25 Million in Truck Retrofit, Replacement Grants
California environmental regulators said they will soon decide how to distribute early grants totaling $25 million for truck retrofits and replacements to help reduce diesel emissions at the state’s ports and intermodal facilities.
March 10, 2008Peters Urges Congress to Back Mexican Trucks Program
Transportation Secretary Mary Peters said Monday that Congress should not halt efforts of a cross-border trucking program between the United States and Mexico.
March 10, 2008Sen. Dorgan Tells Peters DOT is ‘Arrogant’ for Refusing to Block Cross-Border Funding
Sen. Byron Dorgan (D-N.D.) told Transportation Secretary Mary Peters that her department was “arrogant” in its refusal to go along with what he said Congress intended when it prohibited funding for the DOT’s controversial U.S.-Mexico border trucking program.
March 10, 2008Wholesale Inventories Rise Less Than Forecast
Wholesale inventories rose 0.8% in January, the Commerce Department said Monday.
March 10, 2008Midwest Hit By Snowstorm
Highway and utility crews worked overtime Sunday to recover from a big storm system that buried Ohio and other parts of the Midwest in snow, the Associated Press reported.
March 10, 2008Trimac Reports Fourth-Quarter Profit
Canada-based transportation firm Trimac Income Fund said its fourth-quarter net earnings were C$2.2 million or about 9 cents per unit, compared with C$3.1 million or 8 cents a year earlier.
March 10, 2008