Oil prices continued to surge, pushing past $123 a barrel for the first time Wednesday, even as a Department of Energy report showed supplies improved last week, Bloomberg reported.
May 7, 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.
Accuride’s First-Quarter Widens
Commercial vehicle component maker Accuride Corp. said Thursday it lost $11.7 million, or 33 cents a share, in the first quarter, compared with a loss of $1.9 million, or 5 cents, a year ago.
May 8, 2008Oil Surges Past $123 a Barrel
Wash. State Survey Highlights Truck-Parking Safety Concerns
The Washington State Department of Transportation said the respondents to its truck parking survey said overwhelmingly that there were not enough parking for trucks in the state, and were concerned about safe parking.
May 7, 2008So. Calif. Port Workers Slow to Enroll in TWIC, Raising Fears About Possible Driver Shortage
Enrollments in the federal Transportation Worker Identification Credential program at the ports of Los Angeles and Long Beach, Calif., are lagging behind schedule, causing concern among port officials about a possible shortage of drivers when the TWIC is required for entry this fall.
May 7, 2008A&R Logistics Buys West Coast Transporter
A&R Logistics said Wednesday it acquired Pacific Chemical Distribution Corp. and its affiliate Pacific Bulk Transportation Co., for an undisclosed sum.
May 7, 2008ATA Calls for 65-MPH Speed Limit to Curb Fuel Consumption
An American Trucking Associations official asked a congressional panel to set a national speed limit of 65 miles per hour, as part of a series of steps ATA said would support the trucking industry’s efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008DHS Moves TWIC Compliance Date Back to April
The Department of °®¶¹´«Ã½land Security said it pushed back the enforcement date for the Transportation Worker Identification Credential program to April 15, 2009, although some areas will need to comply sooner.
May 7, 2008First-Quarter Productivity Improves 2.2%
First-quarter U.S. worker productivity improved 2.2%, the Labor Department said Wednesday.
May 7, 2008Pacer’s First-Quarter Income Improves
Transportation and third-party logistics firm Pacer International’s first-quarter profit rose to $14.3 million, or 41 cents a share, from $7.8 million, or 21 cents, a year ago, the company said.
May 6, 2008Letters to the Editor: Idling, Govt. and Fuel, Owner-Operators, Time for Protest
Your front-page article April 7 about auxiliary power units possibly saving on fuel quoted an APU maker’s spokesman who stated (like many others I have seen) that idling truck engines use up to 1.8 gallons of fuel an hour.
May 6, 2008Follow Us
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