Updated: 3/11/2011 3:00:00 PM Crude Prices Slips Friday to Near $101 Per Barrel President Obama said Friday he is prepared to tap the Strategic Petroleum Reserve if needed to prevent any oil supply disruptions, even… Read More »Obama Says U.S. May Tap Oil Reserve
By TruckingInfo Staff A group of carriers that has been pushing mandatory electronic onboard recorders is crying foul when it comes to the Department of Transportation’s plan to fund the devices on Mexican trucks that… Read More »EOBR Alliance Decries Unfairness of DOT's Plan to Pay for EOBRs on Mexican Trucks
Updated: 3/14/2011 9:00:00 AM Oil fell to a two-week low Monday to less than $100 a barrel in part due to concerns that Japan’s big earthquake Friday will hurt growth and reduce fuel demand in… Read More »Oil Falls to Two-Week Low Under $100
Truckload freight availability on TransCore’s DAT Network of load boards increased by 12 percent nationwide in the week ending March 5, showing the strongest load volume for a single week since TransCore began reporting weekly… Read More »Weekly Spot Market Freight Volumes Hit Two-Year High
Updated: 3/7/2011 2:30:00 PM YRC Worldwide said Monday that William Trubeck will replace Chief Financial Officer Sheila Taylor, who is leaving the company at the end of the month. Taylor is leaving “to pursue opportunities… Read More »YRC Board Member Trubeck to Replace Taylor as CFO
The fundamentals that support heavy-duty commercial vehicle demand continue to signal the start of an up-cycle for the market, according to ACT Research Co. Net orders for Class 8 vehicles continued to surge in January… Read More »Strong Commercial Vehicle Order Intake Reiterates Current Market Strength
Updated: 3/11/2011 8:00:00 AM By Randolph Smith and Barbara Koosa RyanFederal Tax Partners Grant Thornton This Opinion piece appears in the March 7 print edition of Transport Topics. Click here to subscribe today. What was… Read More »Opinion: S Corporations and Trucking
In a letter to U.S. Transportation Secretary, Ray LaHood, Rep. Peter DeFazio (D-OR), expressed concern of U.S. DOT funding or EOBRs for Mexican carriers participating in the pilot program. DeFazio called proposal that would require… Read More »Rep. Defazio Opposes Funding for Mexican EOBRs, Questions Authority to Grant Mexican Carriers Permanent Access
Updated: 3/8/2011 8:30:00 AM Trimac Transportation Ltd.’s fourth-quarter earnings rose to C$4.5 million, or 10 Canadian cents per unit, up from C$1.2 million, or 2 cents, a year ago. Revenue rose to C$75 million, from… Read More »Trimac's 4Q Income Improves
U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Ave., S.E. Washington, DC 20590www.dot.gov/affairs/index.html FMCSA 05-11 Wednesday, March 9, 2011 Contact: Candice Tolliver Tel: (202) 366-9999 or (202) 306-4580 FMCSA Reaches Settlement Agreement… Read More »FMCSA Reaches Settlement Agreement in National Association of Small Trucking Companies Litigation on the Compliance Safety Accountability Program
Updated: 3/8/2011 8:45:00 AM 14th Straight Diesel Gain Leaves Price Highest Since 2008 Diesel took a big jump for the second straight week, spiking 15.5 cents to $3.871 a gallon — its biggest increase and… Read More »Diesel Surges 15.5¢ to $3.871; Gasoline Jumps 13.7¢ to $3.52 a Gallon
U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Ave., S.E. Washington, DC 20590www.dot.gov/affairs/index.html FMCSA 06-11 Wednesday, March 9, 2011 Contact: Candice Tolliver Tel: 202-366-9999 or 202-306-4580 USDOT and USDOJ Fines Omnibus Express… Read More »USDOT and USDOJ Fines Omnibus Express $55,000 for Violating Americans with Disabilities Act Accessibility Requirements