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Growth in 2019, but Recession May Be on Horizon, Economist Says

ATLANTA — Despite a generally strong economic performance in 2018, a global recession could be lurking in the shadows through 2019, a leading economist told attendees at the SMC3 Jump Start 2019 conference Jan. 30.

January 31, 2019

Industry Groups Object to New Chassis Fees Taking Effect at Ports

Transportation industry groups are criticizing a plan by some ocean carriers to begin seeking new administrative fees for cargo containers, known as “street turns.” The fees are set to take effect Feb. 4 and range from $30 to $75, depending on the carrier.

January 31, 2019

Tolls, Regulations, Bunker Fuel Costs Could Vex Industry

ATLANTA — Incoming fuel regulations and political gridlock will bring unwelcome expenses and headaches to shipping and trucking companies through next year, according to one policy expert who spoke at SMC3 Jump Start 2019 on Jan. 29.

January 30, 2019

Growth of Electric Vehicles Could Jeopardize Iowa’s Road Fund

In about 20 years, the growing use of electric vehicles could take a quarter-billion-dollar-a-year hit on a state fund relied upon to finance better roads, the Iowa Department of Transportation said Jan. 29.

January 30, 2019

FHWA Nominee Nicole Nason Says All Options on the Table for Infrastructure Funding

WASHINGTON — When policymakers craft their next transportation reauthorization bill, they should consider every available tool that would result in long-term funding for infrastructure projects, President Donald Trump’s nominee to lead the Federal Highway Administration told a Senate panel Jan. 29.

January 29, 2019

Diesel Price Unchanged; US Average Now Less Than a Year Ago

The U.S. average retail price of diesel was unchanged the week of Jan. 28 at $2.965 a gallon and now is about 10 cents a gallon cheaper than it was a year ago, according to the U.S. Energy Information Administration.

January 28, 2019

Oil Dips as China Slowdown Signals Demand Drop

Crude skidded to its worst loss in a month as disappointing corporate profit forecasts stoked concern about the economy, bruising a market already anxious about booming American oil supplies.

January 28, 2019

ATD Announces Coalition to Repeal Federal Excise Tax on Heavy-Duty Trucks

SAN FRANCISCO — American Truck Dealers announced a new industry coalition to push for the repeal of the 12% federal excise tax on heavy-duty trucks.

January 28, 2019

US Crude Production to Beat EIA’s Outlook by 23 Years

A year ago, the U.S. government envisioned American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.

January 25, 2019

Appeals Court Rejects Challenge to California’s Low-Carbon Fuel Standard

An appeals court has rejected a challenge by a group of trade and energy organizations to block California’s low-carbon fuel standard aimed at reducing the rate of greenhouse gas emissions in the state’s transportation sector.

January 24, 2019