National Diesel Average Price Rises by Most in More Than Two Years
The average price of diesel fuel in the United States rose 6.4 cents a gallon to $2.556, the largest increase in more than two years, the Department of Energy reported Oct. 13.
October 13, 2015EPA Honors Freight Companies With SmartWay Awards
The U.S. Environmental Protection Agency on Oct. 13 recognized 11 companies in the freight industry, including Con-way Inc.’s Menlo Logistics, for their environmental efforts.
October 13, 2015Estes Fined by EPA for Failing to Install Diesel Particulate Filters
Estes Express Lines has been fined $100,000 for failing to install particulate filters on 73 heavy-duty diesel trucks, a violation of the California Truck and Bus Regulation.
October 13, 2015U.S. Xpress’ Harlin to Retire; Eric Fuller Appointed President
U.S. Xpress Enterprises Inc. announced that Chief Financial Officer Ray Harlin will retire Dec. 31 and that Eric Fuller has been appointed president and chief operating officer, effective immediately.
October 13, 2015Selig to Retire as President; Culp to Take Over Post, Maverick Says
Maverick USA Inc. President and Chief Operating Officer Stephen Selig will retire Dec. 31, and John Culp, who is executive vice president and chief financial officer, will replace him, the company said.
October 13, 2015Platoons of Autonomous Trucks, Driverless Buses to Shape Singapore's Future
Singapore unveiled its public transport future, and it was a vision of passengers commuting in driverless buses along roads and freeways populated by platoons of autonomous trucks following a single driver.
October 13, 2015Ryder System Lowers Third-Quarter Earnings Expectations
Ryder System Inc. became the third publicly traded trucking industry company to lower third-quarter earnings expectations by announcing that its profits would be 10 cents per share to 13 cents per share below its earlier forecast.
October 13, 2015Oil Glut to Stay in 2016 as Demand Growth Slows
Global oil markets will remain oversupplied next year as demand growth slows and Iranian exports are poised to recover with the lifting of sanctions, the International Energy Agency said.
October 13, 2015Driver Turnover Rates Dip
Two closely watched reports on trucking jobs last week delivered a mixed picture of fleet staffing trends, with progress on turnover rates but a worsening driver shortage.
October 12, 2015Letter: Central States Pension Fund’s Shortfall
The best way I know to add perspective to the Central States Pension Fund’s shortfall is to look as far back as the 1980s, when every time the union got a raise, management got a “compression raise” in addition to performance and cost-of-living adjustment, or COLA, raises.
October 12, 2015