Plan ahead for successful company inheritance
Carriers who wish to successfully pass their company on to their heirs not only should have a well thought-out plan in place, they should review and update plans periodically, said Terry Resnick of Resnick and Associates at the National Tank Truck Carriers annual conference May 7-9 in San Antonio TX.... NAFTA transportation trade up in February
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 11.6 percent higher in February 2006 than in February 2005, reaching $59.8 billion, according to the Bureau of Transportation Statistics (BTS).... Petrochemical production decreases in 2006 first quarter
In the first quarter of 2006, total production of the 15 petrochemicals surveyed and reportable was 46.4 billion pounds, according to the results of the National Petrochemical and Refiners Association (NPRA) first quarter petrochemical production and inventory surveys.... DHS to begin port worker background checks
The Department of Homeland Security (DHS) will begin conducting name-based background checks on nearly 400,000 port workers within the United States, according to DHS information.... FMCSA revisits railroad crossing proposal
The Federal Motor Carrier Safety Administration (FMCSA) has withdrawn a July 30, 1998, proposal that would have prohibited the driver of a commercial motor vehicle (CMV) from driving onto a highway-railroad grade crossing without sufficient space to drive completely through the crossing without stopping. ... FMCSA to modernize CDL data system
The Federal Motor Carrier Safety Administration (FMCSA) plans to modernize the Commercial Driver's License (CDL) Information System, according to a notice published in the Federal Register May 2. ... EPA to amend certain ULSD rules
The Environmental Protection Agency (EPA) is taking direct final action to correct, amend, and revise certain provisions of the Highway Diesel Rule and the Nonroad Diesel Rule, according to information published in the Federal Register May 1.... Price of diesel rises 2 cents
The average retail price for on-highway diesel rose two cents to $2.896 per gallon last week, according to information reported May 1 by the federal Energy Information Administration. ... Silfies acquires Gensimore Trucking
F T Silfies Inc, Nazareth PA, has purchased the assets of Gensimore Trucking, Pleasant Gap PA.... Diesel cost impacts Canadian trucking
Diesel fuel used by truckers in Canada has increased in price by 21 percent over the past 10 weeks and is up 27 percent year-over-year, according to the Canadian Trucking Alliance (CTA). ... A&R Transport opens new terminal in Charleston
A&R Transport Inc, Morris IL, has opened a new terminal and 75,000-square-foot secured warehouse in Charleston SC. ... ATA revises 2006 fuel projections
The American Trucking Associations (ATA) has revised the trucking industry’s 2006 fuel costs, projecting an increase in the amount it will spend on fuel in 2006. ... Westway joins Responsible Care program
Westway Terminals has been accepted for membership in the American Chemistry Council’s Responsible Care partnership program. ... Kinder Morgan to provide natural gas to CenterPoint Energy
Kinder Morgan Energy Partners LP, Houston TX, will be supplying CenterPoint Energy Resources Corp with transportation and storage services through its Texas intrastate pipeline system. ... Evaluate milk hauler operation to meet market demands
Don Kerper of Misty River Consulting said milk haulers must meet future market implications of change by developing and executing a viable financial plan that measures business costs, determines what drives the revenue stream, and shows key prospects for improving profitability.... Electronic systems lead to milk hauler efficiency
Some milk haulers may think that additional efforts for security with the use of technology may slow down their operations and add additional expense, but Chris Thompson of the University of Kentucky, said application is likely to improve efficiency.... Diesel price continues rise
The average retail price for on-highway diesel rose 11.1 cents to $2.876 per gallon last week, according to information reported April 24 by the federal Energy Information Administration.... DistTech joins AMBER Alert Network
Distribution Technologies Inc (DistTech), Newbury OH, has joined the AMBER Alert Highway Network, an initiative to help recover abducted children, according to DistTech information.... EPA slightly relaxes ULSD requirement
To help ensure a smooth transition to ultra low sulfur diesel (ULSD), the Environmental Protection Agency (EPA) is temporarily adjusting the sulfur testing tolerance with a slightly wider range of variability in sulfur level test results. The tolerance will rise from 2 parts per million (ppm) to 3 ppm through October 14, 2008. ... EPA reminds chemical companies about spill procedures
With concerns that arose as the result of the 2005 hurricanes in the Gulf Coast area, the Environmental Protection Agency (EPA) is reminding chemical companies about hazmat spill procedures.... Massachusetts company fined for spill
The Callahan Company of Walpole MA will pay a fine of $40,000 and undertake two environmental improvement projects to resolve violations of the Clean Air Act and other environmental statutes, according to Environmental Protection Agency information (EPA). ... Kinder Morgan, EPA agree on pipeline upgrades
The Pipeline and Hazardous Materials Safety Administration (PHMSA) has reached an agreement with Kinder Morgan Energy Partners, Houston TX, over systemwide pipeline and bulk terminal safety upgrades in six western states, according to government information. ... On-highway diesel continues rise
The average retail price for on-highway diesel continues to rise, gaining 11.1 cents to $2.765 per gallon last week, according to information reported April 17 by the federal Energy Information Administration. The price for the preceding week was $2.654 per gallon.... ITCO publishes fall protection protocol
The International Tank Container Organization (ITCO) has published a safety protocol aimed at minimizing risks associated with working on the top of ISO tank containers.... Vopak opens fourth Singapore terminal
Royal Vopak, Rotterdam, the Netherlands, has opened a fourth terminal in Singapore with 370,000 cubic meters (2.4-million barrels) of storage space....
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