Oil fell almost $1 a barrel Friday, finishing the week at $96.13, its lowest closing price this year, Bloomberg reported.
May 11, 2012Search
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Internationals Are Recalled to Fix Possible Cable Flaw
Navistar has issued a recall for 21,831 International brand trucks to check for a possible defect that could cause an alternator cable to chafe and potentially lead to an electrical short.
May 14, 2012Daimler Bets Big on India鈥檚 Booming Truck, Bus Market
CHENNAI, India 鈥 The world鈥檚 largest commercial vehicle maker, Daimler AG, is making one of its biggest-ever bets by pouring $850 million into production and sales operations here, in what is now the world鈥檚 fastest-growing market for trucks and buses.
May 14, 2012ATA鈥檚 Graves Cites Transportation Needs as Election-Year Casualty, Blasts Parties
ARLINGTON, Va. 鈥 American Trucking Associations President Bill Graves blasted federal lawmakers in a recent speech, telling an audience of a shippers鈥 association here that the upcoming election has halted the legislative process and Republicans鈥 pushes to decrease the federal role in transportation are missing the mark, among other criticisms.
May 14, 2012Diesel Slips for Fourth Straight Week
Retail diesel prices declined for a fourth week, with the national average dipping 1.6 cents to $4.057 a gallon, the Department of Energy reported, while crude oil futures fell to the lowest levels in three months.
May 14, 2012Industry Seeks Relief from FMCSA Policy in Crashes When Truckers Are Not at Fault
Royce Brooks, an experienced tank truck driver, was hauling gasoline to Lockhart, Texas, south of Austin, when a BMW driver blew through a stop sign and a flashing red light.
May 14, 2012Trucking鈥檚 Recovery Is Sound, Likely to Last, Economists Say
SAN FRANCISCO 鈥 Two of trucking鈥檚 leading economists said last week the industry鈥檚 economic recovery was well under way and should continue for at least several more years.
May 14, 2012Analysts View Truck Orders Dip as 鈥楶ause鈥 in Growing Market
The decline in truck orders 鈥 including the 55% drop last month compared with a year ago and declines in the previous three months 鈥 represents a 鈥減ause鈥 in the fleet replenishment process rather than a sign of fundamental market weakness, several analysts and dealers have said.
May 14, 2012Editorial: Life Is Good
There was some interesting advice offered by two of our industry鈥檚 best-known economists last week to fleet executives who were attending the National Tank Truck Carriers annual conference in San Francisco.
May 14, 2012Opinion: Why an EOBR Mandate Is a Bad Idea
The Federal Motor Carrier Safety Administration continues to be dead set on forcing every commercial vehicle in the United States to carry an electronic onboard recorder 鈥 better known as an EOBR 鈥 despite the device鈥檚 hefty price tag and general uselessness as a safety tool.
May 14, 2012