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Diesel Flat at $3.239 Per Gallon The U.S. average retail price of diesel fuel was virtually flat last week, falling 0.4 cent to $3.239 a gallon, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.
Mon, 16 Jul 2018 17:45:00 EDT Stay Metrics Analysis Finds New Drivers Spur Higher Turnover Rates More than 70% of driver turnover occurs in the first year of employment, and 36% of drivers leave a firm within their first three months on the job, according to an analysis from Stay Metrics, the South Bend, Ind.-based driver turnover and retention consultant to carriers.
Mon, 16 Jul 2018 17:30:00 EDT Trucker Tools Raises $4.4 Million in Series A Funding Trucker Tools LLC, a Reston, Va.-based company that provides carrier capacity management and predictive freight-matching solutions, said on July 12 it has raised $4.4 million in Series A funding from its existing investors to support customer acquisition and product development.
Mon, 16 Jul 2018 16:30:00 EDT California Business Leaders Fight to Save New Fuel Tax It’s not often the California Chamber of Commerce endorses a tax increase. You are more likely to see such legislative proposals — on high-income earners, on services, on corporations — make the “job killers” list that the state’s largest business advocacy organization puts out each year to beat back bills it doesn’t like.
Mon, 16 Jul 2018 16:00:00 EDT Penske Tackles Challenges of Battery-Electric Trucks Penske Truck Leasing is preparing to dive deeper into medium- and heavy-duty battery-electric trucks as a trickle of the alternatively powered vehicles begin to find their way in a world where diesel will remain trucking’s main fuel for quite a while, company executives said.
Mon, 16 Jul 2018 16:00:00 EDT Truck Makers Address Technician Shortage Mack Trucks announced it is partnering with colleges in Florida, Ohio and Texas to offer the Diesel Advanced Technology Education program beginning in early 2019 to address a shortage of skilled vehicle service technicians.
Mon, 16 Jul 2018 16:00:00 EDT Reimagining Trucking The nation’s largest for-hire carriers are embracing new technologies and doing more to foster innovation with the goal of reducing the cost of moving freight and providing new service capabilities.