Oil prices jumped almost $2 Tuesday from Monday’s record, closing at a new all-time high of $113.79 a barrel, Bloomberg reported.
April 15, 2008Search
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Larger Trucks More Efficient, Reduce Emissions, Study Says
The use of heavier trucks can be an effective way for the industry to reduce fuel consumption and emissions, a new study by the American Transportation Research Institute said.
April 15, 2008FMCSA Issues CDL Learner’s Permit Rule
The Federal Motor Carrier Safety Administration said it intends to set new minimum standards for issuing learner’s permits to prospective commercial drivers and revise the knowledge and skills tests administered to people seeking commercial driver licenses.
April 15, 2008Business Inventories Rise 0.6%, Commerce Says
Business inventories rose 0.6% in February, the Commerce Department said Monday.
April 14, 2008UAW Rejects Mediator on American Axle Strike, Paper Reports
Parts supplier American Axle & Manufacturing Holdings has asked a federal mediator to help broker a deal to end the a 48-day strike, but offer was rejected by the United Auto Workers union, the Detroit News reported Monday.
April 14, 2008Retail Sales Rise 0.2% in March
Retail sales rose 0.2% in March, the Commerce Department said Monday.
April 14, 2008Eaton’s 1Q Profit Gains; Trucking Segment Lags
Heavy-duty vehicle parts manufacturer Eaton Corp.’s first-quarter net earnings rose 5.6%, led by international sales, though its truck segment’s sales declined, the company said Monday.
April 14, 2008Port of Tacoma Sets Partnership With Chinese Port
The Port of Tacoma, Wash., said it has launched an 18-month pilot project to expand trade with China, particularly U.S. exports to that country.
April 14, 2008Diesel Average Tops $4 for First Time; Oil, Gas at Records
Diesel fuel’s national average price broke the $4 barrier for the first time, jumping 10.4 cents to $4.059 a gallon, the Energy Department said Monday.
April 15, 2008iTECH: RFID Finds Place on Trucks in Port Service
Shippers may have more interest in radio frequency identification tags than do general freight truckers. After all, RFID tags are a wireless form of bar-code stickers and data capture, and RFID is widely marketed as a tool for inventory and warehousing.
April 14, 2008