More than a year after President Donald Trump vowed to withdraw the United States from the Paris agreement on climate change, one of America’s busiest transportation systems may sign on.
October 23, 2018Search
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Trade Tariffs Spark Surge in Lobbying
Companies and business groups, including the U.S. Chamber of Commerce, ramped up their spending on lobbying during the third quarter, as they sought to contain what they feel is damage from President Trump’s trade war.
October 23, 2018Diesel Slides 1.4¢ in First Decline Since Aug. 20
The U.S. average retail price of diesel inched down 1.4 cents to $3.380 a gallon as crude oil prices slipped amid growing U.S. inventories of crude.
October 22, 2018Trump Orders Federal Spending Cuts as Chao Touts Regulatory Streamlining
The U.S. Department of Transportation and other federal agencies have to come up with a 5% reduction in their budgets for next year, President Donald Trump told his Cabinet during a recent meeting at the White House.
October 22, 2018North Dakota Pipeline Company Gauges Interest in Expanding Oil Volume
BISMARCK, N.D. — The developer of the Dakota Access pipeline is gauging shippers’ interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down.
October 22, 2018AB Volvo Posts Record Third Quarter, Higher Income and Revenue
AB Volvo notched a 38% gain in net income as record third-quarter revenue was lifted by stronger truck orders and deliveries.
October 22, 2018Daimler Cuts 2018 Outlook After Lower 3Q Projections
Daimler AG on Oct. 19 cut its earnings outlook this year for the Mercedes-Benz Cars and Daimler Buses divisions and for the Daimler Group.
October 19, 2018States Feel Brunt of Driver Shortage in Search for Snowplow Drivers
State departments of transportation seeking equipment operators to take on temporary seasonal work have not been able to avoid the driver shortage that the trucking industry grapples with daily.
October 19, 2018Refiners Slump as Trump Looks to Slow-Roll IMO Fuel Mandate
U.S. refiners are getting stung by President Donald Trump’s reported efforts to keep consumer prices from rising in the run-up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry.
October 19, 2018Managing Risk in Trucking
As the Federal Motor Carrier Safety Administration considers revamping its Compliance, Safety, Accountability scoring system, how are fleets managing their risk exposure and their insurance costs? Our Oct. 17 LiveOnWeb program tackles that issue.
October 17, 2018