Crude oil prices hit an all-time record in Monday, hitting $119.93 a barrel in pre-market electronic trading on the New York Mercantile Exchange, the Associated Press reported.
April 28, 2008Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
Truckers Protest in Washington Over High Fuel Prices
Hundreds of truck drivers descended on Washington Monday to protest high diesel prices, WRC-4 television reported on its Web site.
April 28, 2008Montana Considering I-35 Truck Restrictions
The Montana Department of Transportation is exploring whether the state can impose limits on large-truck traffic on state Highway 35, the Associated Press reported.
April 28, 2008ALK to Offer Web Link With PC Miler Program
PRINCETON, N.J. — ALK Technologies will add a Web-based version of its PC Miler mapping and routing software to the company’s family of truck navigation products this year, ALK’s chief technology officer said.
April 28, 2008Illinois Highway Construction Fatalities Decline
The Illinois Department of Transportation said the number of highway construction work zone fatalities in the state has fallen by more than half in the past four years, the Associated Press reported.
April 28, 2008ATA Officer Calls for Oil Release From SPR
WASHINGTON — The government should not only stop filling the Strategic Petroleum Reserve, but also consider releasing oil to help lower the price of diesel fuel, Dave Berry, chairman of the American Trucking Associations’ environmental and energy policy committee, told Congress last week.
April 28, 2008Truckload Carriers Trim Fleets as Freight Declines, Fuel Rises
Truckload carriers are slashing capacity at the highest rate in a decade in an effort to bring supply and demand into balance as fuel prices skyrocket and demand withers, according to industry experts.
April 28, 2008Used Truck Prices Buoyed by Rising Foreign Demand
An unprecedented wave of exports, mostly to Russia, has cushioned a downturn in the Class 8 used-truck business, which has been hurt by high fuel prices and a weak freight market, according to industry executives.
April 28, 2008Diesel, Gas Set Records
U.S. retail fuel prices continued to soar into uncharted territory last week, as the average price of diesel jumped another 8.4 cents to $4.143 a gallon and gasoline gained 11.9 cents to $3.508, the Department of Energy reported.
April 28, 2008New 91ÊÓÆµ Sales Plunge to 17-Year Low
New home sales fell to a 17-year low in March, the Commerce Department said Thursday.
April 24, 2008Trending
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