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Expect the cost of on-highway diesel to average $3.81 per gallon this year, 11 cents less than 2013’s average price. The new monthly U.S. Energy Department Short-Term Energy Outlook is calling for the price to be even less in 2015, averaging $3.72 per gallon.
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The financially troubled parent of several trucking companies, including YRC Freight, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News.
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U.S. trade with its North American Free Trade Agreement partners, Canada and Mexico, amounted to $103.1 billion in October, up 4.5% from the same time a year earlier and exceeded $100 billion for the first month on record, according to new U.S. Department of Transportation figures.
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Mary Phillips, senior vice president for legislative affairs at American Trucking Associations for the past three years, is stepping down from her post. The moves comes as Congress gears up for the next highway bill, a crucial test for trucking interests on Capitol Hill.
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Teamster local union leaders representing UPS Freight workers across the country have endorsed a new tentative national agreement.
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UPDATED, Jan. 9, 2013, 9:45 a.m., EST Extraordinarily cold weather in part of the U.S. has resulted in more states issuing emergency declarations, waiving mainly hours of service rules, when it comes to hauling various fuels.
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In Connecticut a new law that went into affect on Dec. 31 requiring commercial motor vehicles remove snow and ice from hoods, trunks and roofs or their operators will face fines ranging from $75 to $1,250.
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UPDATED -- An investigation by the U.S. Department of Labor's Occupational Safety and Health Administration found that New Prime retaliated against a truck driver by blacklisting him in the commercial transport industry after he sought medical attention for a work-related injury.
Read More →Organizers of the 2014 Fleet Safety Conference are seeking ideas for educational sessions for this year’s event. Industry leaders who are interested in presenting at the conference, scheduled for July 22-23 in Schaumburg, Ill., have until Jan. 31 to submit their topic idea and abstract for consideration.
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The average cost of diesel in the United States started off 2014 slightly higher than where it ended last year, according to a weekly U.S. Energy Department report and is also at its highest level since late September.
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