January 5, 2014: FMCSA to stay pat with drug testing rates; oil supply glut to keep prices down; a five-alarm passion for fire truck models.
Jan. 5, 2015
Here is a look at what is happening in the world of transportation this morning:
- The recent 40% Illinois toll road hike may only be the first of many facing truckers, notes the Chicago Business Journal.
- The Federal Motor Carrier Safety Administration (FMCSA) says it will keep drug testing rates at 50% for truck drivers and bus operators through 2015.
- A multi-part analysis of trucking conglomerate J.B. Hunt’s strategic prospects by Market Realist includes a handy description of freight industry terminology.
- Crude oil prices – and thus fuel prices – are expected to remain low due to an ongoing petroleum “supply glut” blamed in part on record production in Iraq and Russia, reports Bloomberg.
- A tractor-trailer trying to move an oversized load gets stuck on icy roads, according to the Duluth News Tribune.
- Light truck sales continue to climb due to low fuel prices, notes The Columbian.
- Lalamove, a firm dubbed the “Uber for logistics,” recently netted $10 million in funding to expand its service into China and Southeast Asia, Tech Crunch says.
- State officials say Georgia needs $1 billion to keep its roads in good shape, according to the Daily Tribune News.
- State legislators from both sides of the aisle agree that Minnesota needs to fix its transportation funding issues quickly, according to the Minneapolis Star Tribune.
- A former postal worker spends his retirement crafting model fire trucks, reports the New York Times – nearly 300 so far.
