Diesel Falls to 3-Month Low
The U.S. retail diesel average fell another 14.6 cents to $4.207 a gallon last week, extending the most pronounced drop in two years to a fifth consecutive week, the Department of Energy reported.
August 25, 2008ATA Supports Bipartisan Energy Plan
American Trucking Associations said it supports a bipartisan comprehensive energy bill that calls for domestic oil drilling, tax incentives and alternative energy research to lower the price of fuel.
August 22, 2008Rail, Intermodal Traffic Decline for Week
Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
August 22, 2008Ohio Panel Holds Hearing on DHL-UPS Air Deal
About 200 people packed a legislative meeting in Ohio Tuesday to hear testimony on the potential impact of DHL’s plans to switch its domestic air cargo to UPS Inc., the Associated Press reported.
August 20, 2008Peters Seeks Support of States, Companies for DOT Transport Plan
Transportation Secretary Mary Peters said the Bush administration’s plan to encourage more local and private involvement in transportation funding hinges on support from business leaders and state officials, Bloomberg reported Wednesday.
August 20, 2008FMCSA to Send Hours, EOBR Rules to Peters for Review
The Federal Motor Carrier Safety Administration is preparing to send several proposed rules, including regulations governing driver hours-of-service and electronic onboard recorders, to Transportation Secretary Mary Peters for review.
August 20, 2008Teamsters Seeking Help from Interstate Bakeries’ Creditors
The Teamsters union, which represents 9,500 employees of bankrupt Interstate Bakeries Corp., said hopes for the company’s successful emergence from bankruptcy were dimming, the Kansas City Star reported.
August 20, 2008Goodyear to Close 92 U.S. Retail Outlets
Goodyear Tire & Rubber Co. plans to close 92 retail stores with about 500 full-time workers by the end of the year because of their lack of profitability, Bloomberg reported.
August 20, 2008Inspectors to Face Their Own Challenges at Truck Driving Championships
A total of 54 award-winning commercial truck and bus roadside inspectors are scheduled to compete at the 2008 North American Inspectors Championship, set for Aug. 18-24 in Houston.
August 19, 2008Westport Begins Trading on Nasdaq
Westport Innovations, which makes alternative fuel transportation technologies, said Monday it has begun trading on the Nasdaq stock market.
August 18, 2008