DHS Sets $844 Million in Security Grants for Ports, Infrastructure
The Department of Homeland Security said it is awarding more than $844 million in grants to protect U.S. ports and infrastructure.
May 21, 2008Letters to the Editor: Complex Engines, Soaring Fuel Prices, 55-mph Speed Limit
The article concerning increasingly complex diesel engines theoretically can be translated directly into increased revenue for dealership maintenance shops, but there are a lot of “ifs” and “buts” surrounding these statements.
May 21, 2008Fed Grant Ending ATA’s Highway Watch Program
The Department of Homeland Security has awarded a $15.5 million trucking security grant to an Alexandria, Va., firm, effectively ending American Trucking Associations’ four-year-long Highway Watch program.
May 21, 2008Bridgestone Buys Stake in Japanese Tire Maker
Tire maker Bridgestone Corp. will take an 8.7% in Japan’s Toyo Tire, which will in turn purchase 0.5% of Bridgestone, the two said in a statement, Bloomberg reported.
May 21, 2008Jevic Files for Bankruptcy Following Closure Notice
A day after it announced it would fold its business operations, Jevic Transportation has filed for Chapter 11 bankruptcy protection, Bloomberg reported.
May 20, 2008Pa. Trucking Group Voices Concerns on Turnpike Lease
The head of the Pennsylvania Motor Truck Association said a plan backed by Gov. Ed Rendell (D) to lease the Pennsylvania Turnpike for 75 years “does not meet the needs of the transportation community at large.”
May 20, 2008Schneider to Expand Regional Service
Truckload carrier Schneider National said Tuesday it will expand a regional service it started in Western states earlier this year over the next few years, with its most immediate expansion plans including Texas and the Southeast.
May 20, 2008House Passes Bill Allowing OPEC Suit
The House overwhelmingly approved legislation that would allow Justice to sue OPEC members for limiting oil supplies and setting prices, but the White House threatened a veto, Reuters reported.
May 20, 2008Diesel Jumps 16.6¢ to $4.497
The average price of diesel fuel jumped another 16.6 cents to a record $4.497 a gallon, the Energy Department said Monday.
May 20, 2008Crude Tops $129; Bush Signs SPR Bill Into Law
Oil prices rose to a new record high Tuesday, moving past $129 a barrel for the first time in intraday trading, the Associated Press reported.
May 20, 2008