Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better

truck safety


Industries Seeking Tax Relief

By: Nick Stanley / Posted on: May 8, 2020

While many sectors of the U.S. economy are reopening in the coming weeks, there are still concerns on how the economy will rebound. The trucking industry is seeking relief in a big way as they hope to push off the Federal Excise Tax (FEX) on new heavy-duty trucks and trailers through 2021.

Many obstacles have plagued the transportation industry during the last 18 months, including driver retainment and freight pay decreases. Those along with many other factors have contribattributed to hundreds of companies shutting down. Industry organizations including the American Truck Dealers believe the suspension of the 12% FEX will help bolster new truck sales as the industry recovers from  the impact of COVID-19.

Read More

Getting Educated on Truck Safety

By: Dalton Ordway / Posted on: February 20, 2020

Truck safety the most important part in the transportation industry. According to CDL Knowledge, in 2015 there were 415,000 crashes involving large trucks. Of those, 4,050 were fatal incidents and there were a total 87,000 injuries. Most people who died as a result of these large truck crashes were in cars or passenger vehicles. Only 16% of truck occupants died compared the 69% of car occupants. The top three causes of truck accidents in 2015 were; prescription drugs (26%), driving too fast (23%), and over the counter drugs (17%). The impact that truck safety can have is astounding and there are many organizations around the country committed to improving safety and educating drivers. While some may require registration or membership fees, the amount of value safety training could provide greatly outweighs the costs.

Read More

Watch Your Weight

By: Barb Zearley / Posted on: February 10, 2020

Have you ever wondered who is responsible for the size and weight limit of the thousands of trucks traveling the highways and interstates throughout the United States? The Federal Highway Administration (FHWA) Office of Freight Management and Operations is responsible for establishing and enforcing heavy truck size and weight standards on the interstate.  Vehicle class and weight standards are illustrated in the chart below.

Read More

"2020 Vision for Safety"

By: Sam Stires / Posted on: January 24, 2020

Yesterday, the Advocates for Highway and Auto Safety (AHAS) released a report of the top states for road safety enforcement efforts. Rhode Island, for the fourth year in a row, was top of the list. Advocates is an alliance of consumer, public health, safety and insurance firms that support policies and programs designed to promote highway safety. On average, about 100 people are killed and 7,500 are injured daily with an annual economic burden of $242 billion, according to the Advocates President Cathy Chase. Advocates’ ranks all 50 states and the District of Columbia on adoption of 16 traffic safety laws. “The 16 optimal laws are precisely the types of recommendations nurses endorse to help prevent crashes and fatalities from happening or to reduce their severity,” said Mary Jagim, former president of the Emergency Nurses Association. “The goal of this rating is not to shame those states but rather to serve as a clarion call to action.”

Read More

What's to Come of the Hours of Service Ruling?

By: Pam Corn / Posted on: August 12, 2019

The Department of Transportation (DOT) has delayed any rule makings based on the industry’s decision to change Hours of Service (HOS) until sometime in August.

Read More

Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

Subscribe to our blog

Price Feed

Stay up-to-date on current fuel prices and market trends with our NYMEX price feed (15 minute delay to the live market).

© 2018 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

Categories

RSS FEED

feed-icon-28x28.png
Contact Us