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American Trucking Associations said Wednesday that it supports the U.S. Commodity Futures Trading Commission for taking steps toward increasing transparency of the energy futures markets.

The only way fuel prices will ever come back down to reasonable levels is for our nation’s truckers to park their rigs for three to seven days. Even drivers for major companies would need to park and refuse to drive.

Emissions from cargo ships would be reduced under legislation that passed the Senate Environment and Public Works Committee, the Associated Press reported.

Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.

Refrigerated truckload carrier Frozen Food Express Industries said Thursday it will lower the maximum speed of its trucks to 62 miles per hour, from 65 mph, in an effort to save money on fuel.

UPS Inc. said Wednesday it will provide air transportation in North America for competitor DHL Express, as DHL works to cut costs.

Ford Motor Co. plans to lay off up to 12% of its salaried employees by August as part of a restructuring in the face of slumping sales and high fuel prices, the Associated Press reported Wednesday.

In response to the Los Angeles Port Authority’s looming ban on owner-operators, it never ceases to amaze me that our governmental bodies believe they have autonomous authority over all things.

UPS Inc. said Wednesday it is moving its primary intra-Asia air hub to southern China, from the Philippines, to save money and reduce transit times across Asia.