Volvo Trucks awarded Tidewater Transit Co., Inc., and MCO Transport, Inc., as recipients of its 5thannual safety awards, given to fleets based on their accident frequency rates using the U.S. Department of Transportation definition of a “recordable accident” and their safety and accident prevention programs.
After a one-week hiatus due to the federal government shutdown, the Energy Information Administration (EIA) restarted collecting and reporting average retail pump prices for diesel and gasoline this week – finding that prices for both fuels remained relatively flat between the weeks of October 14 and October 21.
The average retail pump price for diesel remained unchanged at $3.886 per gallon this week, noted EIA, which is 23 cents per gallon lower compared to the same week in 2012.
Data tracked by the National Insurance Crime Bureau (NICB) along with the National Equipment Register (NER) indicates thefts of heavy equipment – which includes loaders and tractors used at construction sites – dropped about 7% in 2012 compared to 2011.
Two former executives with USA Dry Van Logistics pled guilty this week to wire fraud charges stemming from monies borrowed under false pretenses from GE Capital Corporation (GECC) and then lost when the logistics operator later went bankrupt.
Average retail pump prices for diesel and gasoline took a slight dip this week across much of the nation, according to data tracked by the Energy Information Administration (EIA), with the agency still expecting fuel prices to remain flat or slightly down by year’s end in comparison with 2012.
The U.S. average retail pump price for diesel declined 7/10ths of a penny to $3.974 per gallon, according to the EIA, with all regions of the county reporting price drops except for the Rocky Mountains and California.
A new report compiled by the General Accounting Office (GAO) determined that the Department of Transportation needs to improve its data gathering procedures regarding incidents involving the “wetlines” that run underneath liquid-carrying tanker trailers.
Seasonal declines in spot market demand and capacity for refrigerated and dry-van freight were recorded by the DAT Network of load boards for the week ending August 24, resulting in a drop in rates for both of those trucking segments.
National average reefer rates tumbled 9 cents to $2.11 per mile, DAT said, while van rates dipped 1 cent to $1.84 per mile. By contrast, the average flatbed line haul rate increased 2 cents to $2.19 per mile. DAT reiterated that all of those rates include carrier fuel surcharges.
Telematics support to help fleets convert data from engines running on compressed natural gas (CNG) and liquid natural gas (LNG) into diesel equivalent gallons for easier comparison performance with diesel-fired trucks is a new service being introduced by PeopleNet.