Crude oil prices jumped more than $4 a barrel Wednesday after a Department of Energy report showed declines in gasoline and distillate inventories, the Associated Press reported.
March 26, 2008Search
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Hino’s Outlook Rises on Asian, Latin America Sales
Hino Motors Ltd., Japan’s largest maker of heavy-duty trucks, said its operating profit probably beat its own forecast by 4.5% because of higher international sales in Asia and Latin America, Bloomberg reported Tuesday.
March 25, 2008Consumer Confidence Falls to Five-Year Low
Consumer confidence fell this month to a five-year low, the New York-based Conference Board said Tuesday.
March 25, 2008Truckers’ Seat Belt Usage Hits Record 65%, DOT Says
The number of professional truck drivers using safety belts jumped dramatically last year to a record 65%, the Department of Transportation said Tuesday.
March 25, 2008Opinion: Carbon Tax Limits Trucking’s Green Choices
The trucking industry is part of a grand environmental experiment being conducted in British Columbia — the first North American jurisdiction to introduce a carbon tax on all fossil fuels, including diesel, at the retail level.
March 24, 2008Ontario Eyeing Mandatory 65-Mph Speed Limiters
The government of Ontario has resurrected a plan to make speed limiters mandating maximum mandatory truck speeds at about 65 miles per hour in the province, according to the Ontario trucking Association, which backs the plan.
March 24, 2008N.Y. Gov. Backs Congestion-Fee Plan
Newly seated New York Gov. David Paterson (D) backs a New York City plan to charge motorists fees in parts of Manhattan during peak business hours, the Associated Press reported.
March 24, 2008Diesel Gains 1.5¢ to $3.989; Gas Dips Following Records
The average national price of retail diesel fuel rose 1.5 cents to $3.989 for a fifth consecutive record, while gasoline’s price declined, the Department of Energy said Monday.
March 25, 2008ATA, Coalition Want California to Ban Temperature Controls at Gas Pumps
American Trucking Associations and the Partnership for Uniform Marketing Practices recently requested that California prohibit the use of automatic temperature compensation equipment in retail fuel sales.
March 24, 2008Philadelphia Index Shows Fourth Straight Month of Contraction
Manufacturing levels in the Philadelphia region showed contraction for a fourth consecutive month in March, the Federal Reserve Bank of Philadelphia said.
March 21, 2008