Oil fell 78 cents Friday to close the week at $46.25 a barrel on the New York Mercantile Exchange, about $6 higher than the start of the month, Bloomberg reported.
March 13, 2009BusinessGovernmentSafety
Critics Again Ask U.S. Court to Void Driver Hours Rule
For the third time in five years, a coalition of interest groups has asked a federal court to overturn the Federal Motor Carrier Safety Administration’s rule governing the length of time truckers can drive and work.
March 16, 2009GovernmentBusinessSafetyTechnologyLogisticsFuelEquipment
EPA Rule Would Track Emissions as First Step to Cap-and-Trade
The U.S. Environmental Protection Agency last week took the first step toward creating a national cap-and-trade system, proposing a new rule that would establish a federal system for reporting carbon dioxide emissions and other greenhouse gases produced by large stationary and mobile sources.
March 16, 2009BusinessGovernmentSafetyFuel
CARB Targets ‘Carbon Intensity’ of Fuels Used for Transportation
In its continued attack on greenhouse gas emissions, the California Air Resources Board recently proposed a rule cutting the “carbon intensity†of transportation fuels.
March 16, 2009GovernmentBusinessSafety
ATA Files to Intervene on Hours-of-Service Rule
American Trucking Associations has filed a motion to intervene in the third legal challenge by the Teamsters union and three other groups to federal truck driver hours-of-service rules.
March 13, 2009BusinessSafetyGovernment
Trimac’s 4Q Profit Improves
Canada-based transportation firm Trimac Income Fund said its fourth-quarter profit rose to C$3 million, or 11 cents per unit, from C$2.2 million, or 9 cents, a year ago.
March 13, 2009BusinessSafetyGovernment
Opinion: Defending Spanish-Speaking Truckers
Hispanics have responded to the need of U.S. carriers for longhaul truck drivers. The Bureau of Labor Statistics has reported that in 2007, 23% of the estimated 1.6 million tractor-trailer drivers in the United States were Hispanic.
March 13, 2009BusinessGovernment
Consumer Confidence Index Rises
U.S. consumer confidence rose slightly this month, but still remains near a 28-year low, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Friday.
March 13, 2009BusinessGovernment
Import Prices Drop 0.2%
The price of goods imported to the United States fell for a seventh straight month in February on lower commodity costs, declining 1.1%, the Labor Department said Friday.
March 13, 2009BusinessSafetyGovernment
Obama, DOT May Revive Mexican Trucks Program
A day after a large government spending bill passed that included provision to end the U.S.-Mexican cross-border trucking program, the Obama administration has asked the Transportation Department to look into reviving it.
March 12, 2009