Diesel Price Dips 1¢ to $3.822; Gasoline Increases
Diesel fuel’s average price continued its downward trend, dropping 1 cent from a week prior to $3.822 a gallon in its fourth straight weekly decline, while gasoline rose 2.5 cents to $3.219, the Department of Energy reported Nov. 18.
November 19, 2013FedEx Freight’s Logue Urges Improvements in Freight Movement
HOUSTON — FedEx Freight President William Logue stepped beyond his role in less-than-truckload to open the convention of three trade associations here by urging attendees to redouble their efforts to overcome barriers to infrastructure, regulatory and technological barriers that slow domestic and global commerce.
November 18, 2013FHWA Proposes Primary Freight Network Designation
The Federal Highway Administration unveiled Nov. 18 the draft of the nation’s first ever Primary Freight Network — 26,966 centerline miles of roadway deemed most critical to freight movement.
November 18, 2013HOS Rule Reduced Productivity for Most Truckers, ATRI Says
More than 80% of the carriers surveyed by the American Transportation Research Institute said they’ve suffered a loss in productivity since the new hours-of-service rule went into effect, changing the requirements for the 34-hour restart.
November 18, 2013Transportation Stock Averages Hit Record Highs
Indexes of trucking and transportation stocks rose to all-time highs Nov. 18, mirroring growth in the S&P 500 and Dow Jones Industrial Average, which also hit record levels.
November 18, 2013Celadon Acquires Canadian Carrier Yanke
Celadon Group said it has acquired Canadian carrier N. Yanke Transfer Ltd. Terms were not disclosed.
November 18, 2013Legislation Would Let States Keep Federal Fuel Taxes
A bill has been introduced in the House and Senate that would dramatically reduce federal diesel and gasoline taxes and let the states keep most revenue from the two levies rather than sending the revenue to the Highway Trust Fund.
November 18, 2013Alliance Truck Parts Race Car Finishes Second in Nationwide Series
HOMESTEAD, Fla. — The Nationwide Series race car sponsored by Alliance Truck Parts finished the 2013 season in second place, narrowly missing the overall points championship by three points.
November 18, 2013Port of Los Angeles Truck Drivers Declare 36-Hour Work Stoppage
Truck drivers from three companies declared a 36-hour work stoppage Nov. 18 at the Port of Los Angeles, protesting unfair labor practices, according to local reports.
November 18, 2013Kenan Buys Canada-Based RTL-Westcan
Kenan Advantage Group has purchased RTL-Westcan Group, a bulk carrier that serves northern and western Canada, Kenan said.
November 18, 2013