Gasoline Price Rise Slows, Lundberg Survey Says
Gasoline’s national average price slowed its gain, rising 6.7 cents over the past two weeks to an average $3.573 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
March 21, 2011Existing Home Sales Drop to 9-Year Low
Existing home sales fell 9.6% in February to the lowest level since 2002, the National Association of Realtors said Monday.
March 21, 2011Oil Rises to Near $103 a Barrel
Oil prices rose $2 early Monday to near $103 a barrel following weekend allied air strikes on Libya, Bloomberg reported.
March 21, 2011Letters: EOBR Bombshell, Megaloads, Detention Times
Just so I can get this straight, now: We are allowing Mexican trucks to come into the United States as cross-border operations — almost a done deal. Then, FMCSA is going to pay for EOBRs to be placed in those Mexican trucks to do business in the United States, while requiring U.S. fleets to purchase EOBRs with company money?
March 21, 2011Monitoring HOS Compliance
It seems that a consensus is developing in the trucking industry to support electronic devices that monitor the number of hours that drivers work behind the wheel.
March 21, 2011Industry Lauds U.S. Congress for Push to End Tax Provision
Trucking industry officials have hailed congressional action to repeal an unpopular Internal Revenue Service reporting requirement contained in the 2010 health-care reform law and said they were confident Congress would approve repeal.
March 21, 2011Cross-Border Truck Program Limited by Strict Safety Standards, Ferro Says
SAN DIEGO — The United States’ new cross-border trucking initiative with Mexico will be a small-scale, “self-limiting” program because Mexican carriers will have to meet a strict set of safety standards to operate in the United States, the head of the Federal Motor Carrier Safety Administrator said.
March 21, 2011February Truck Sales Surge 30%
U.S. Class 8 retail truck sales jumped 30.8% in February for the 14th monthly gain in a row, WardsAuto.com reported last week. It was the largest gain of the expansion.
March 21, 2011TCA Supports Electronic Logs
SAN DIEGO — An industry consensus appears to be emerging in support of electronic logging devices to monitor driver hours but not truck performance, as the Truckload Carriers Association endorsed that technology last week and American Trucking Associations moved in the same direction.
March 21, 2011House Panel Rejects Obama Plan to Fund Transportation Projects
The House Transportation and Infrastructure Committee voted last week to not support the Obama administration’s transportation budget proposals because administration officials have not identified revenue sources to fund multibillion dollar increases for existing and new programs.
March 21, 2011