Technology Briefs — April 10 - April 16
EPA Should Delay OBD Rule, Groups Say
Storm Pummels East Coast
A big storm brought strong winds and rain to the East Coast early Monday, flooding rivers, stranding airline flights and prompting evacuations from New Jersey to West Virginia, the Associated Press reported.
April 16, 2007Maersk to Boost Fuel Surcharge
A.P. Moeller-Maersk, the world’s largest ocean shipping line, is boosting its North America to Europe rates due to higher fuel costs, Bloomberg reported Monday.
April 16, 2007Bankruptcies Increase as Freight Declines
Trucking company failures jumped in the first quarter of 2007, and industry observers warned of tougher times ahead because of an uncertain economy, weak freight loads and rising fuel costs.
April 16, 2007IRS Says Fleets Face Sanctions
IRS officials told trucking executives that motor carriers must account properly for driver per-diem expenses or risk losing the tax-exempt status of the plans.
April 16, 2007Corrosion Takes Increasing Toll on Fleets, Trailers
What cigarettes are to smokers, corrosion is to highway trailers.
April 16, 2007Diesel Gains 5¢ to $2.84 a Gallon
The average price of U.S. retail diesel fuel climbed another 5 cents last week to $2.84 a gallon, reaching a seven-month high, and the Department of Energy warned that prices are unlikely to fall anytime soon.
April 16, 2007U.S. Xpress to Report 1Q Loss
Truckload carrier U.S. Xpress Enterprises said Friday it will report a first-quarter loss next week on declining freight demand and rising fuel costs.
April 13, 2007March Producer Prices Rise 1%
The producer price index rose 1% in March, the Labor Department reported Friday. The core PPI excluding food and energy was unchanged.
April 13, 2007