ATA Expands Highway Safety Agenda
American Trucking Associations said its board of directors has voted to expand ATA’s safety agenda with the goal of further reducing the number of highway-related fatalities.
October 8, 2008Fed Cuts Interest Rate a Half-Point, to 1.5%
The Federal Reserve, in an emergency unscheduled meeting Wednesday, cut the key U.S. interest rate by half a percentage point in an effort to bolster the faltering U.S. economy.
October 8, 2008DOE Lowers Forecast for Fuel Prices
The prices of oil, gasoline, heating oil and diesel all will average lower next year than earlier forecast, as global demand slows with the slowing world economy, the Energy Department said Tuesday.
October 7, 2008America’s Road Team Driver Tony Sifford Dies in Crash
Tony Sifford, 41, an America’s Road Team captain since 2007, died Sept. 24 near Ruston, La., from injuries sustained in a highway accident that day.
October 7, 2008Diesel Drops 8.4¢ to $3.875; Gas Plunges 14.8¢ to $3.484
After a one-week pause in its downward trend last week, diesel resumed its decline, falling 8.4 cents to $3.875 a gallon, the Department of Energy said Monday.
October 7, 2008Editorial: The Great Credit Crunch
Trucking is quickly feeling the consequences of the financial meltdown that has paralyzed the nation’s banking and lending community.
October 7, 2008Freight Demand Likely to Decline Into ’09, Analyst Says
Freight demand for U.S. trucking companies is likely to decline as credit stays tight, a Wachovia Corp. economist said at American Trucking Associations’ annual meeting in New Orleans, Bloomberg reported.
October 7, 2008ATA Says Infrastructure Is Top Priority in Year Ahead
New legislation to boost U.S. infrastructure — roads, highways and bridges — will be American Trucking Associations’ top priority in the coming year, the Associated Press reported.
October 7, 2008FedEx Unit Begins Mexico Operations
FedEx Express said its Mexican unit has begun operations under the name FedEx Express Nacional, a domestic overnight service in that country.
October 7, 2008TransCore Introduces New Transponder To Work With Electronic Toll Systems
TransCore, a provider of radio-frequency identification devices, introduced a new transponder that is compatible with multiple electronic toll-collection systems.
October 6, 2008