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TRUCKING INDUSTRY NEWS * USA & Canada
* USA - Jevic Transportation Folds, Citing High Fuel Costs - Carrier Also Cites Sluggish Economy
USA -Transport Topics -19 May 2008: -- Truckload and less-than-truckload carrier Jevic Transportation said Monday it is discontinuing operations, due to soaring fuel costs and a weak economy... “The current high fuel costs, economic downturn, increasing insurance costs, and tightening credit markets have made this decision necessary,” Chief Executive Officer David Gorman wrote in a note to customers on the company’s Web site... Jevic will stop providing pickup service effective Monday, but will continue delivering all freight within its system prior to closing, Gorman wrote... (SEE VIDEO)* Canada - Bison drops corporate speed limit to 100 km/h
Winnipeg,Man,CAN -Truck News, by Adam Ledlow -16 May 2008: -- Bison Transport will be reducing its corporate speed limit to 100 km/hr in order to reduce fuel consumption by its large fleet of trucks... Speed reduction is one part of Bison's Sustainable Transportation strategy and moves in lock-step with its corporate goal of minimizing the amount of Green House Gas emissions released into the atmosphere, company officials said...
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