Panel Recommends Federal Fuel Tax Increases
A commission created by Congress plans to release a report this month recommending increases in the federal taxes on diesel fuel and gasoline, the Associated Press reported.
January 5, 2009ISM Manufacturing Index Falls to 28-Year Low
U.S. manufacturing activity contracted at the fastest pace in 28 years in December, the Institute for Supply Management said.
January 5, 2009Economic Woes Top Concerns as a Year of Challenges Begins
Trucking’s difficulties are expected to continue this year, as many carriers struggle for survival while freight volumes fall, financial market turmoil continues and a new political landscape takes shape.
January 5, 2009A Less-Than-Truckload Life More Than a Bit Unusual
THOMASVILLE, N.C. — But for the vagaries of history, Earl Congdon’s family business could have been Florida motels rather than less-than-truckload transportation.
January 5, 2009Diesel Price Declines to $2.327
The U.S. diesel average fell a combined 9.5 cents over the final two weeks of 2008 to $2.327 a gallon, ending the year at its lowest level since June 2005, the Department of Energy reported.
January 5, 2009SoCal Ports Suspending Saturday ‘OffPeak’ Shifts
Terminal operators at the Ports of Los Angeles and Long Beach said they will suspend Saturday OffPeak shifts starting in January, due to declining cargo volume in a sagging economy.
December 31, 2008Opinion: Not Quite a Happy New Year
As if skyrocketing fuel prices in 2008 were not enough, American trucking companies are now in the midst of the worst recession since the early 1980s.
December 31, 2008TTNews.com Closed for New Year’s Holiday
Transport Topics Online will be closed Thursday and Friday for the New Year’s Day holiday. Please check back on Monday, Jan. 4, for the latest trucking and freight transportation news.
December 30, 2008Ryder to Acquire Conn. Leasing Firm
Ryder System said it will acquire Edart Leasing Co., based in Hartford, Conn.
December 30, 2008Year in Review: California Takes Steps to Curb Emissions
Southern California port officials and state environmental regulators continued pressing their campaign to reduce heavy-truck diesel emissions, approving several controversial measures during 2008 that some truckers said will lead to severe economic hardships.
December 29, 2008