With the news of Osama Bin Laden’s death, carriers and ports are heightening security against a possible terrorist attack in retribution. The heightened security started right away, even though the Department of Homeland Security has not issued a specific warning to freight carriers.
While consumer spending is dragging somewhat due to increasing fuel prices, manufacturing growth shows no sign of stalling, based on the Institute of Supply Management’s (ISM) April Manufacturing Report on Business. The report showed a reading of 60.4 percent and anything above 50 represents economic growth.
New Federal Motor Carrier Safety Administration data show that 78 percent of commercial truck and bus drivers wore safety belts while operating behind the wheel in 2010, compared to 74 percent in 2009.
Retail diesel fuel prices resumed the upward trend after a one-week drop in average price. The price at the pump rose 2.6 cents to $4.124 per gallon, according to the US Energy Information Administration.
The Motor Carrier Safety Advisory Committee recommended the Federal Motor Carrier Safety Administration seek jurisdiction over shippers, receivers and broker who ‘unduly detain’ drivers.
– Ben Dundas, Web Analyst