The nation’s diesel price rose 18 cents over the last week, averaging $5.313 per gallon. Conflicts involving Iran and Yemen are hurting major oil routes.
The proposed legislation would establish criminal penalties for those who engineer commercial vehicle collisions and participate in related fraud schemes.
Adam Miller said the upturn’s supply-led dynamics mean carriers need to really negotiate to get the rates they need. Operating profits at the company’s truckload group popped more than 40% in Q2.