November 16, 2008
- Pilot Is To Offer Diesel Exhaust Fluid
Of interest to those with truck driving employment, Pilot Travel Centers has announced plans to become the first in its industry segment to carry diesel exhaust fluid, also known as urea, at its pumps. This component is needed to operate most…
September 26, 2008
- OPEC Thinking About Cutting Oil Production
Since oil prices peaked at their high of $150 per barrel, they have taken a nosedive of 30% as of late. So, oil ministers from OPEC are debating whether or not to cut oil production in order to stabilize its price. While no major cutbacks are predicted, a move like this could not have been dreamt of… Read more
September 15, 2008
- Trailer Prices Rise Because of Raw Materials Costs on Tires
Continental Tire North America Inc. and Bridgestone Bandag Tire Solutions have both decided that it was necessary to raise prices on all of their North American truck tire lines. This may have a negative impact on Class A truck driving jobs and CDL truck driving jobs as well. In fact, around the end of August, truckers who purchased their truck tires from Bridgestone Bandag Tire Solutions paid roughly 6% more than they ever did in the past few years… Read more
August 19, 2008
- Diesel Costs Destroying P.A.M.
Despite dismal second-quarter profits for Tonitown’s transporation services provider P.A.M, industry analysts see a turnaround for the trucking industry segment. P.A.M. showed a net income loss of $1.33 million in the second fiscal quarter, compared to a $2.19 million net gain in the same period last year… Read more
August 8, 2008
- Fuel: Pounding The Trucking Industry
Even though the per-barrel price of crude oil has dropped to $124 as of this writing, American truckers still face a long and winding road ahead. That per-barrel crude oil figure means that diesel fuel costs $4.60 per gallon on average. The American Trucking Association (ATA) has estimated in the past that increasing the price of fuel a dime per gallon means that 1,000 fleets go out of business. That may have been a bit of inflated rhetoric even… Read more
