Security & Safety Briefs
Con-way Exec Named to FMCSA Safety Committee • Ford Recalls Medium-Duty Trucks • Ontario Trucking Sets Plan to Recover Stolen Cargo
March 28, 2007Durable Goods Orders Rise 2.5% in February
Durable goods orders rose 2.5% in February, the Commerce Department said Wednesday.
March 28, 2007Perseverance, Timing Key to Mediation of Accident Claims
NEW ORLEANS — While great trials may provide drama and public fascination, mediation of accident claims — a process that avoids that drama — is daily life for trucking companies and other transportation providers. Those involved with the system said mediation takes special skills and techniques.
March 28, 2007Apollo Sues EGL Over Buyout Bid; Boosts Offer to $41 a Share
Apollo Management Group, which has bid to buy transportation firm EGL Inc., has sued EGL and its board to prevent EGL’s sale to a group of investors led by its chief executive officer, Bloomberg reported.
March 28, 2007Diesel Average Price Falls 0.5 Cent to $2.676 a Gallon
The average national price of retail diesel fuel fell for a second straight week, dipping 0.5 cent to $2.676 a gallon, the Department of Energy reported Monday.
March 27, 2007Truck Tonnage Index Declines 1.7% from Feb. ’06
American Trucking Associations’ advanced seasonally adjusted truck tonnage index for February fell 1.7% from the same month a year ago, marking the eighth straight year-to-year decline, ATA said late Monday.
March 27, 2007Shipper ‘White Paper’ Backs Fees on Calif. Port Truckers
A coalition of shippers and marine terminal operators are supporting an overhaul of regulations in California that would include fees on port drayage trucks that do not meet environmental standards, the Long Beach Press-Telegram reported Monday.
March 27, 2007Consumer Confidence Slips in March
Consumer confidence fell in March from a five-year high last month, the New York-based Conference Board said Tuesday.
March 27, 2007February New Home Sales Decline 3.9%
New home sales fell last month to the lowest level in almost seven years, the Commerce Department reported Monday.
March 26, 2007Gasoline Price Rose 5.6 Cents in Past Two Weeks, Lundberg Says
Average U.S. retail gasoline prices rose 5.6 cents in the past two weeks to about $2.61 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
March 26, 2007