06 Sep Indonesian Road Test Finds Palm Oil Biofuel ‘Safe’ for Cars Indonesia said it conducted the world’s longest road test using diesel blended with 30% palm oil, and the results showed that the biofuel is safe for cars. Read more...
06 Sep Job Growth Misses Estimates in August With 130,000 Increase Companies’ hiring stumbled in August, likely cementing expectations for a second straight Federal Reserve interest-rate cut as trade uncertainty and softer global growth weigh on the outlook. Read more...
06 Sep Dorian Makes Landfall on Outer Banks Before Heading Out to Sea Hurricane Dorian made landfall on the Outer Banks of North Carolina Sept. 6, battering the shore with driving rain and wind as it continues its march north and begins moving away from the U.S. coast. Read more...
05 Sep EPA Wants to Revoke California Auto Regulation Powers The Trump administration is preparing a plan to strip California’s authority to set tougher auto efficiency regulations than the federal government, even while agencies continue finalizing a rollback of national standards, according to people familiar with the matter. Read more...
05 Sep Diesel Advocates Push for Greater DERA Funding Federal lawmakers and industry proponents are divided over how much funding should be dedicated to a federal program to reduce emissions and improve clean diesel technology. Read more...
05 Sep Infrastructure Funding Policy Looms Over Congressional Fall Schedule A recent report detailing the country’s congestion woes prompted the top transportation lawmaker in the U.S. House of Representatives to again urge colleagues to legislate on comprehensive infrastructure policy when they return to Washington after a five-week summer break. Read more...
05 Sep 2019 Trucking Company Closures So Far Have Doubled All of 2018 More trucking firms have shut down during the first six months of 2019 than in all of 2018, a result of a softer freight market and the broader effects of tariffs on imported goods, a freight market expert said. Read more...
05 Sep August Class 8 Orders Extend the Slump North American Class 8 orders in August continued to mimic fleets’ wait-and-see attitude as orders again fell below replacement level and plunged 79% from the all-time record set a year earlier, ACT Research reported. Read more...
05 Sep Daseke Shakes Up Company as President, CFO Depart Daseke Inc., one of the largest flatbed and specialized transportation companies in North America, announced on Sept. 5 it would replace its president and chief financial officer and fold three divisions into other parts of the corporation. Read more...
05 Sep Energy Experts Fear Price of Diesel to Spike Because of New Shipping Fuel Mandate Trucking executives fear sharp hikes in the cost of diesel, and perhaps a shortage, as the industry competes for fuel with ocean carriers, which have a mandate to sharply reduce pollution in fewer than 90 days. Read more...