Diesel fuel’s national average pump price continued to slide Monday, falling 14.9 cents to $4.353 a gallon, the Energy Department said.
August 12, 2008Government
U.S. Trade Deficit Drops 4.1%
The U.S. trade deficit fell by 4.1% in June, on a big jump in exports, the Commerce Department said Tuesday.
August 12, 2008Government
Oil Falls to Three-Month Low, at $113 a Barrel
Oil prices fell to a three-month low early Tuesday, to $113 a barrel in pre-market trading, on lower demand and a stronger U.S. dollar, the Associated Press reported.
August 12, 2008Fuel, Business, Logistics, Government
Diesel Plunges 14.9¢ to $4.353
Business, Safety, Government
TSA Reinstates Company Running Clear Program for Registered Travelers
A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.
August 12, 2008Government, Business, Safety, Fuel
Letters to the Editor: Lower Speed Limits, Biodiesel Defended
More and more, we are hearing that fleets are cutting back truck top speeds to well below the speed limits in order to increase fuel economy. Does everyone understand that time is money?
August 11, 2008Business, Government
Delays Expected for N.J. Weight Permits
Trucking companies in New Jersey are likely to face delays receiving overweight-vehicle permits, beginning Monday, the state’s trucking association said.
August 11, 2008Government
Gasoline Plunges to $3.85
U.S. gasoline pump prices plunged 15 cents in the past two weeks to $3.85 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
August 11, 2008Business, Fuel, Government
Mass. Governor Signs Biofuels Law
Massachusetts Gov. Deval Patrick (D) signed a law to promote the use of biofuels, reducing greenhouse gas emissions by at least 50% in the state, the Associated Press reported.
August 11, 2008Fuel, Business, Government
Trucking Bankruptcies Double; 1st-Half Capacity Loss Is 4.5%
Trucking company bankruptcies more than doubled in the second quarter, soaring 118% from last year as high fuel prices pushed 970 U.S. carriers out of business, a leading industry analyst said.
August 11, 2008Business, Government
Large TL Fleets Shed Longhaul to Seek More Regional Freight
Large truckload fleets are gaining business by shifting from marginally profitable longhaul lanes to regional trucking, which in turn is forcing smaller carriers with fewer resources to fight for that longhaul business, industry experts said.
August 11, 2008