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Study: Crash Data Flawed
Safety regulators do not have a foolproof path to follow for quickly assessing fault in crashes and then using those judgments to predict future risk among trucking companies, according to a study released last week by the Federal Motor Carrier Safety Administration.

Fleet Failures at Record Low as Rates Rise, Fuel Declines 
Fleet failures plummeted to an all-time low in the fourth quarter as higher rates and lower fuel prices pumped cash into the fleets that were in danger of failing, a new report said.

Diesel Average Falls Below $3 for First Time Since Sept. 2010 
For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.





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Chris Keane/ FedEx via Bloomberg News
FedEx Completes Genco Acquisition
FedEx Corp. has completed its acquisition of Genco Distribution System Inc., which it described as one of the largest third-party logistics providers in North America.

Cardinal Logistics Appoints Tom White as Chairman
Cardinal Logistics Management Corp. announced it appointed Tom White as executive chairman.

Jan. 30 Earnings Roundup: Paccar, Saia
Paccar Inc. and Saia Inc. reported higher fourth-quarter earnings.


TT ARCHIVES

TT Archives: Highway Funding
In this issue of Transport Topics, President Eisenhower’s Advisory Committee on a National Highway Program proposed increasing the nation’s highway expenditures by $101 billion over the next 10 years, expanding the National System of Interstate Highways to 400,000 miles.  
 

FUEL PRICES - WEEK OF JAN. 26
$2.866
$2.044
6.7¢
2.2¢


 
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