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, 2008Search
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ATA Gives Knight Exec, Con-way 2008 Security Awards
American Trucking Associations’ Security Council presented its Security Professional of the Year award to Richard Martin, the corporate security director for truckload carrier Knight Transportation.
May 6, 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, 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, 2008Deutsche Post Names New U.S. DHL Chief
Deutsche Post said Tuesday it has appointed Ken Allen to lead its DHL Express unit in the United States, Bloomberg reported.
May 6, 2008Oil Soars Past $122; Regulators Considering More Oversight
With oil soaring to new records — crude surged past $122 a barrel on Tuesday for the first time — federal regulators are considering stricter regulation of the oil industry, the Wall Street Journal reported Tuesday.
May 6, 2008Mullen’s 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund’s first-quarter profit fell but its trucking and logistics unit’s performance improved, the company said late Monday.
May 6, 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, 2008DeFazio Says Congress Should Help Truckers Hit by Fuel Costs
A key Congressman said lawmakers should help the trucking industry cope with diesel prices that have risen 45% in the past year, Bloomberg reported.
May 6, 2008DOE Boosts Diesel-Price Forecast
Diesel fuel will average $3.94 per gallon at the pump this year — more than a dollar over last year’s average and higher than the $3.62 forecast issued last month, the Department of Energy said.
May 6, 2008