Business

The trucking industry has raised concerns over the energy bill passed by the House that would include a “cap and trade” provision to set up a market for greenhouse gas emissions.

There are some good safety points that should be considered, including a “graduated” commercial driver license, but it makes no sense for new CDL drivers to be transporting hazardous materials, oversize loads or double and triple trailers until they have accumulated 100,000 or more accident-free miles driving a commercial vehicle.

We need to be leery of the battle involving the Obama administration, the Senate and the House of Representatives over the direction of federal transportation policy out of concern that political bickering could delay necessary decisions and infrastructure projects.

Drayage truckers are struggling with complex record-keeping requirements in the new federal intermodal chassis maintenance rules that have begun to take effect, industry experts said.

Freight brokers and other third-party logistics providers say their non-asset-based models are helping them to steadily gain market share during the ongoing recession.

House Democratic leaders said they hoped to pass a controversial cap-and-trade bill late last week, despite vocal protests by Republicans who said the complex legislation amounts to a large tax increase and needs more time for debate.

YRC Worldwide Inc. and the Teamsters union planned to return to the bargaining table June 29 to pursue additional cost-cutting steps that would help the less-than-truckload carrier cope with current financial difficulties.

The U.S. average diesel price rose 4.4 cents a gallon last week to $2.616, the seventh straight weekly increase that has pushed it up by 43.1 cents to the highest level in nearly eight months.

ANN ARBOR, Mich. — The U.S. trucking industry is falling behind its international counterparts in switching to higher-productivity vehicles

Trucking stocks have rallied over the past four months despite the sour U.S. economic conditions, but the recent rise in shares is a fragile one, analysts warned.