Oil fell to a two-week low near $83 a barrel in early trading Tuesday as investors speculated that signs of a weakening U.S. economy and higher crude stockpiles showed fuel demand will slip, Bloomberg reported.
September 6, 2011Search
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Former Great Dane Executive Phillip Pines Dies in Plane Crash
Phillip Pines, former president and chief operating officer at trailer manufacturer Great Dane, died Sept. 5 in a single-engine plane crash near Racine, Wis. He was 76.
September 7, 2011States Waive Some HOS Rules for Trucks in Storm-Damaged Areas
Governors in 10 states hard hit by Hurricane Irene and Missouri River flooding have temporarily waived hours-of-service rules 鈥 and in some cases fuel taxes and special size and weight permits 鈥 for trucks hauling relief supplies.
September 7, 2011Diesel Rises 4.8垄 to $3.868; Gasoline Gains 4.7垄 in Second Straight Increase
Diesel鈥檚 national average price rose for a second week, up 4.8 cents to $3.868 a gallon, while gasoline gained 4.7 cents to $3.674, the Department of Energy said.
September 7, 2011Heartland CEO Russell Gerdin Retires
Heartland Express said Friday that CEO Russell Gerdin has retired due to health reasons and has been succeeded by Michael Gerdin, the company鈥檚 president.
September 2, 20119/11 Leaves a Legacy of Regulation, Tight Security for Freight Transport
In the 10 years since terrorists crashed airliners into the World Trade Center and the Pentagon, the nation has rebuilt and moved on, but with a greater emphasis on security of all kinds, including for ground-based freight transportation.
September 5, 2011NHTSA Focuses Study on Truck Cab Safety
The National Highway Traffic Safety Administration said it is engaged in 鈥渁ggressive research鈥 on technological advances to prevent accidents and fatalities by boosting the safety of truck cabs.
September 5, 2011Shortage Means Higher Prices for Used Low-Mileage Class 8 Trucks
A continued shortage of available low-mileage used Class 8 trucks is being blamed for lower sales and higher prices in July, industry executives and dealers said.
September 5, 2011July Trailer Orders at 13,200, Down for 4th Month in a Row
Truck fleets ordered 13,200 new commercial trailers during July, a 20% increase over July 2010, but the fourth straight month of declining figures, ACT Research Co. reported.
September 5, 2011Weather, Economy Reducing Reefer Freight
The lackluster economy, combined with widespread weather troubles that delayed and reduced produce shipments, have sharply reduced refrigerated freight so far this year,聽 industry experts have said.
September 5, 2011