Members of Congress recently re-introduced a bipartisan bill aimed at ensuring efficient and expedient cross-border shipments for the trucking industry. The Residue Entries and Streamlining Trade, or REST Act, is aimed at removing an absurd regulatory interpretation by Customs and Border Patrol (CBP). At issue is a seemingly straightforward issue involving U.S. trade. When a […] More »
Low oil prices could help shore up some states’ coffers, since increased driving brought on by cheap fuel will also result in more gas tax revenue. More »
Some legs of the trip, such as over the Pacific and Atlantic oceans, will mean five days and five nights of flying solo. More »
AUSTIN – Despite falling oil prices, production cutbacks and persistent safety concerns, rail officials plan to continue shipping millions of gallons of volatile crude oil from the Bakken region of North Dakota through Texas, according to updated records provided by state officials on Wednesday. Average weekly volumes reflect little change from a first batch of […] More »
Delta Air Lines’ refining subsidiary is accusing the Commerce Department of easing the nation’s longstanding ban on crude exports after “secret meetings” with oil companies. More »
A bill filed in the House would cut the exemption at Atlanta’s Hartsfield Jackson Airport. Supportive lawmakers say it would help the state get federal money for aviation improvements throughout the state. More »
The agency’s staff is recommending reducing the excise tax rate from 18 cents to 10.5 cents. More »
The federal government predicts that trains hauling crude oil or ethanol will derail an average of 10 times a year over the next two decades, causing more than $4 billion in damage and possibly killing hundreds of people if an accident happens in a den… More »
Attracting and retaining drivers is one of the biggest challenges for long-haul trucking companies, which can see annual driver turnover of more than 100 percent, according to Bloomberg Intelligence. More »
Emergency crews and environmental officials are responding to a train derailment in West Virginia that sent at least one tanker containing crude oil into a river and also caused a nearby house to catch fire.
Canadian Pacific Railway and the Teamsters Canada Rail Conference agreed to go into mediated arbitration, ending a strike that began over the weekend, Labor Minister Kellie Leitch said.
As a result, Canada’s federal government will no longer be pursuing back-to-work legislation, Leitch said at a press conference in Ottawa on Monday. “The strike is over,” Leitch said. “My expectation is that people return to work quickly.” More »
Sikorsky doesn’t expect the drop in crude oil prices to hurt its business, even though the oil industry is a big customer. More »
About 80 helicopters from Sikorsky’s S-76 model line are operating in the Gulf of Mexico, along with 50 in its S-92 line. More »
Consumers bought more pickups, minivans and sport utility vehicles than cars in every month of 2014. More »
Collectively, drivers are saving an average of $315 million in fuel costs daily due to the price declines. More »