FMCSA: Carriers May Ignore Cargo Insurance Warning Letters
The Federal Motor Carrier Safety Administration said motor carriers that received notices of investigation for revocation of authority based on cancellation of their cargo insurance policies on or after March 21 “need not respond to such letters if they have a service date of Feb. 19 or after.”
March 15, 2011ATA Seeks Hazmat Rule Change
American Trucking Associations has petitioned federal regulators to issue a new rule to clarify that hazardous material packages should normally be inspected at the point of loading or unloading, and not during roadside inspections.
March 15, 2011Diesel Rises for 15th Straight Week, Gaining 3.7¢ to $3.908 a Gallon
Diesel rose for the 15th straight week, increasing 3.7 cents to a national average of $3.908 a gallon, while gasoline gained almost a nickel, the Department of Energy said Monday.
March 15, 2011inthinc Launches Web-Based Driver Scorecard
Telematics provider inthinc Technology Solutions Inc. said it launched a Web-based portal for its driver performance-rating product.
March 14, 2011ZoomSafer Raises More Private Capital
ZoomSafer, a Reston, Va., company that makes software to prevent mobile-phone use by drivers behind the wheel, said it raised $1.1 million from White Birch Capital and SugarOak Holdings.
March 14, 2011Oil Falls to Two-Week Low Under $100
Oil fell to a two-week low Monday to less than $100 a barrel in part due to concerns that Japan’s big earthquake Friday will hurt growth and reduce fuel demand in that country’s economy, the world’s third-largest, Bloomberg reported.
March 14, 2011UPS, FedEx Suspend Some Japan Service Due to Earthquake
UPS Inc. and FedEx Corp. suspended some package-delivery service in and around Tokyo because of Japan’s earthquake Friday, while several truck and auto makers scrambled to assess the damage in that country, Bloomberg reported.
March 14, 2011Out-of-Control Fuel Prices
Fuel prices have now jumped so high that we all need to pay close attention. Not that we can do much about these skyrocketing prices, except pay and grumble.
March 14, 2011Navistar to Adopt Engine with Opposing Pistons
Truck and engine maker Navistar Inc. has taken a new tack in its drive to offer new motors, joining a company that had developed a radical design that it says offers fuel efficiency and weight improvements.
March 14, 2011Trucking Adds 11,200 Jobs During February, Labor Says
The U.S. economy added 192,000 jobs in February, including 11,200 in trucking, the largest monthly gain for the industry since 1995, the Department of Labor reported.
March 14, 2011