Natso Urges Congress to Extend Biodiesel Blenders’ Tax
Members of Congress should extend the biodiesel blenders’ tax credit when they take up legislation that would overhaul the country’s tax code, the association representing truck stops and travel plazas indicated recently.
May 9, 2017Flexi-Van, DCLI to Start Chassis Pool in Port of New York-New Jersey
Chassis providers Flexi-Van Leasing and Direct ChassisLink Inc. will launch a “pool of pools” beginning June 1, offering trucking companies shared chassis at the Port of New York and New Jersey.
May 9, 2017ITS Logistics Appoints Sanders CEO to Replace Founder Lynch
ITS Logistics has promoted Greg Sanders to take over as CEO, replacing Jeff Lynch, who started the business with two college buddies in 1999 and who will remain a part-owner and member of the board of directors.
May 9, 2017US Oil Output to Hit a Record in 2018
The Energy Information Administration said domestic output of crude oil will climb to a record 9.96 million barrels a day in 2018, up from 9.9 million barrels projected last month, according to the agency’s monthly Short-Term Energy Outlook released May 9.
May 9, 2017US Job Openings at Eight-Month High
An eight-month high in March job openings and a pickup in quits indicate the U.S. labor market continues to tighten, a Labor Department report showed.
May 9, 2017Capitol Agenda for the Week of May 9: Mayors Fight for Infrastructure
The country's mayors want details on President Donald Trump's long-term infrastructure funding plan, and the AFL-CIO's Tom Trotter stops by to talk about that plan. See the video and check out the week ahead for trucking on Capitol Hill.
May 9, 2017Diesel Prices Drop 1.8¢ to $2.565
The U.S. average retail price of diesel dropped 1.8 cents to $2.565 a gallon as oil prices remained below $50 a barrel for the third week amid questions about whether Saudi Arabia and Russia will cut oil production into 2018.
May 8, 2017Port of Virginia Welcomes 13,000-TEU Vessel, Its Largest Ever
The Cosco Development called at the Port of Virginia on May 8, marking the largest containership to visit the port in history and the first of its three stops on the East Coast during the second week of the month.
May 8, 2017Striking New York Truck Drivers Stage Rally at Brewery
Workers who went out on strike against the East Yaphank, N.Y.-based Clare Rose beer distributor held a rally at the Blue Point Brewery in Patchogue, N.Y., on May 6.
May 8, 2017Top House Transportation Democrat Warns Against Expansion of Tolling
President Donald Trump’s suggestion of privatizing infrastructure projects that could expand tolling nationwide would fail to gain broad public support, Rep. Peter DeFazio (D-Ore.), ranking member on the House transportation panel, told reporters May 7.
May 8, 2017