The Morning Mile — Wednesday, Oct. 7
Diesel drops again, a cross-border M&A move, 41,748 recalled Fords — and two enforcement scorecards.
Summarized from CDLWire.
Good morning, drivers. Here is what you need to know to start Wednesday, October 7.
Diesel slides again: The EIA benchmark fell $0.183 per gallon to $6.199 — a second straight weekly decline, now $0.33 off the all-time high. But GasBuddy's Patrick DeHaan warns the red-dye executive order means "real change on paper, limited and uneven at the pump" in most states.
Border M&A: TA Services bought two Texas cross-border carriers — Carmen Pacheco Transportation and Interload Forwarding — adding 133 trucks, 123 drivers, and 550,000 square feet of warehouse space at El Paso and Laredo.
Ford recall: 41,748 Super Duty pickups and Expeditions are being recalled over a contaminated LED chip that can knock out the headlights entirely.
Enforcement scorecards: CVSA released official Operation Safe Driver Week results — 2,604 tickets and 3,968 warnings — and New York troopers wrote 376 tickets in a two-day Taconic parkway blitz.
Capacity keeps shrinking: The September LMI put transportation prices at 92.7, near all-time highs, while truck capacity contracted for a 10th straight month.
Comments
Loading comments…