Oil Prices Continue Slide, to Near $94 a Barrel
Oil prices continued a downward trend Thursday, falling to near $94 a barrel just a week after broaching the $100 level for the first time, Bloomberg reported.
January 10, 2008I-4 Closed in Florida Following Pileup
A 15-mile stretch of Interstate 4 in central Florida remained closed early Thursday after a 70-vehicle crash Wednesday caused by fog and smoke from a brush fire, the Associated Press reported.
January 10, 2008DOT Freight Index Gains 1.8%
The Department of Transportation’s freight transportation services index for November rose 1.8% from a year earlier, DOT said Wednesday.
January 9, 2008N.J. Governor Backs Tolls Hike
New Jersey Gov. Jon Corzine (D) said he would sharply raise tolls to help pay off the state’s debt, the Newark Star-Ledger reported Wednesday.
January 9, 2008Year in Review: Hours Battle Continued in ’07 as Adversaries Went to Court
The eyes of the trucking industry were firmly fixed on Washington for much of 2007, first watching a federal court deliberate over the fate of the hours-of-service rule, then looking to the Federal Motor Carrier Safety Administration to see how it would address the court’s ruling.
January 9, 2008Polar Air Cargo to Begin U.S.-Japan Flights
Polar Air Cargo Worldwide said Wednesday it will begin service to Japan, from Chicago, starting Feb. 21.
January 9, 2008Diesel to Average $3.40 Through March, DOE Says
Monthly diesel fuel average prices will be at least $3.40 a gallon for the first three months of 2008 before tailing off later in the year to near $3, the Department of Energy said Tuesday.
January 8, 2008Diesel Rises 3.1¢ to $3.376
Diesel fuel’s national average pump price rose 3.1 cents from last week to $3.376 a gallon, while gasoline jumped 5.6 cents to $3.109, the Department of Energy said Monday.
January 7, 2008Year In Review: IT Firms Court Smaller Fleets, Continue Consolidation
Information technology vendors took aim at smaller fleets in 2007, offering software and tracking options that don’t require carriers to invest in full onboard computer systems.
January 7, 2008Letters to the Editor: CARB Reefer Rules, Intermodal Answers
The op-ed by the California Air Resource Board’s enforcement division chief, James Ryden, about the new refrigerated carrier rules is as expected with CARB: “Ready, FIRE, aim!”
January 7, 2008