Crude oil set another record Friday, topping $106 a barrel in intraday trading for the first time before receding to close near $105, Bloomberg reported.
March 7, 2008Government, Business, Safety, Fuel
TCA Chiefs Report Little Sign of Freight Tonnage Recovery
NASSAU, Bahamas — Leaders of the Truckload Carriers Association said their members have seen no improvement in the thin freight market, despite reports that tonnage has increased in the past three months, and that their other great worry was sharply rising fuel prices.
March 10, 2008Business, Fuel
Oil Tops $106 a Barrel
Business, Safety, Government, Fuel
Fed ‘Beige Book’ Cites Freight Slowdown
The U.S. economy has weakened since the start of the year, hitting both freight transportation and manufacturing, both of which are dealing with soaring energy prices, the Federal Reserve said Wednesday.
March 5, 2008Business, Safety, Government, Fuel
Letters to the Editor: Port Restrictions, Congress and LCVs, Hours of Service, Farewell Trucking
This is in response to the Port of Long Beach’s idea to restrict trucks at the port. It sounds like they are trying to eliminate owner-operators by forcing them to upgrade their trucks when they can barely survive with the cost of fuel and insurance, among other things, going through the roof.
March 4, 2008Government, Business, Safety, Fuel, Logistics
Diesel Jumps 10.6¢ to Record $3.658
3he average national price of retail diesel fuel jumped 10.6 cents to a record $3.658 a gallon, following last week’s record $3.552, the Department of Energy said.
March 4, 2008Fuel, Business
EPA to Hold Workshop on Test Protocol
The Environmental Protection Agency has scheduled a workshop for March 19-20 in Washington, D.C., to discuss a draft proposal to measure greenhouse gas emissions and fuel efficiency for trucks.
March 3, 2008Business, Government, Fuel
Gasoline Consumption Falling
Soaring gasoline prices, pushed by record crude oil prices, are causing U.S. consumers to reduce consumption of gasoline, the Wall Street Journal reported Monday.
March 3, 2008Government, Business, Safety, Fuel
Fleets Search for Savings Through Strategic Equipment Purchases
With fuel prices at a record and the economy teetering at the brink of a recession that could cut into carrier revenue, some truckload carriers are pushing harder for savings by using lighter trailers, limiting idling to save fuel and shortening trade-in cycles.
March 3, 2008Fuel, Business, Government
B.C. Proposes Carbon Tax to Spur Emissions Reductions
The British Columbia government is planning to impose a carbon tax on fossil fuels beginning on July 1, the most comprehensive tax of its kind in North America.
March 3, 2008Fuel, Government
Diesel Hits Record $3.552 a Gallon
The average retail price of diesel fuel jumped 15.6 cents a gallon to a new record of $3.552 last week, more than 10 cents above the previous record, which was set Nov. 26.
March 3, 2008