The Federal Motor Carrier Safety Administration has extended a comment period for states to establish commercial learner’s permits by a month, to July 9.
June 11, 2008Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
TWIC Machines Faulty, Lawmaker Says
Most of the machines that process the Transportation Worker Identification Credential cards are broken, according to a House lawmaker, the Associated Press reported.
June 11, 2008Two Truck Drivers Killed in European Fuel-Price Protests
Police cleared striking truckers who were protesting high fuel prices from the Spanish-French border, and two striking drivers were killed in separate incidents in Spain and Portugal, the Associated Press reported Wednesday.
June 11, 2008Senate Republicans Kill Oil Windfall-Profits Tax
Senate Republicans killed a measure Tuesday backed by Democrats that would have would increased windfall-profit taxes on oil companies, Bloomberg reported.
June 10, 2008ATA Petitions Against Boston Hazmat Rules
American Trucking Associations has asked the Federal Motor Carrier Safety Administration to prevent changes Boston recently made to its hazardous materials routing designations and permitting process.
June 10, 2008DOE Sees Diesel Near $4.71 for Next Few Months
Diesel fuel will average $4.32 a gallon this year and next year, but will remain near $4.71 a gallon for the next few months, the Department of Energy said.
June 10, 2008IEA Lowers Oil Demand Forecast; European Truckers Step Up Protests
The International Energy Agency lowered its forecast for global oil demand this year, while thousands of European truckers protested high fuel prices, the Associated Press reported Tuesday.
June 10, 2008Teamsters Launch Carhaul Strike at PTS
Teamsters union members employed at car hauler Performance Transportation Services went on strike against the company Monday to enforce the union’s bargaining table demands, the union said.
June 10, 2008Trucking Consolidation Seen Benefiting Surviving Firms
Soaring fuel prices have driven trucking bankruptcies up 143% over the same time last year, and industry analysts said the market may need to consolidate more before it improves for those companies that survive, the Associated Press reported.
June 10, 2008U.S. Trade Deficit Jumps 7.8% on Energy Costs
The U.S. trade deficit grew 7.8% in April to the highest level in more than a year, on surging energy costs, the Commerce Department said Tuesday.
June 10, 2008Trending
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