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FMCSA to Propose Electronic Onboard Recorder Rule Thursday
The Federal Motor Carrier Safety Administration said late Tuesday that it will announce a proposed rule regarding electronic on-board recorders for commercial trucks and buses on Thursday morning.
January 10, 2007Schwarzenegger Orders Calif. to Further Cut Fuel Emissions
California Gov. Arnold Schwarzenegger (R) plans to ask state regulators to require the state鈥檚 petroleum refiners and gasoline sellers to cut greenhouse-gas emissions by 10%, the New York Times reported Wednesday.
January 10, 2007Crude Oil Closes at 19-Month Low, at $54.02 a Barrel
Crude oil futures hit a 19-month low price, closing at $54.02 a barrel on the New York Mercantile Exchange Wednesday following a Department of Energy report showing strong heating-oil inventories, Bloomberg reported.
January 10, 2007YRC Folding USF Bestway Unit Into USF Reddaway
Less-than-truckload carrier YRC Regional Transportation said late Monday that its USF Bestway and USF Reddaway units will consolidate into one organization under the USF Reddaway brand.
January 9, 2007Diesel Average Price Drops 4.3 Cents to $2.537 a Gallon
The average retail price of diesel fuel dropped 4.3 cents to $2.537 a gallon, the Department of Energy reported Monday.
January 9, 2007Wachovia Upgrades Trucking Sector
Wachovia Capital Markets upgraded the U.S. trucking sector to 鈥渕arket weight鈥 from 鈥渦nderweight,鈥 citing opportunities for investors to be more constructive ahead of the next upturn, Reuters reported.
January 9, 2007CDL Fraud Probe Targets False Addresses
Several people who obtained commercial driver鈥檚 licenses from a southern Missouri trucking school gave false home addresses, and state officials acknowledge they currently have no way to stop the practice, the Associated Press reported.
January 9, 2007ATRI Issues Final Request for HOS Sleeper-Berth Data
The American Transportation Research Institute issued a final call Tuesday for motor carrier safety data to measure the effects of the federal hours-of-service rule鈥檚 split sleeper-berth provisions.
January 9, 2007Delaware May Lease Its Toll Roads, Paper Reports
Delaware may consider leasing its toll roads to pay for road projects, in a move similar to other states, the Delaware News Journal newspaper reported Sunday.
January 8, 2007U.S. Freight Railroads Report Record-Breaking Year
U.S. freight railroads completed a record-breaking year in 2006, moving record numbers of carloads and intermodal containers, the Association of American Railroads said.
January 8, 2007