Diesel Climbs North of $4 as Oil Slips on Recurring Economic Worries - Truckinginfo.com

Higher Diesel Prices Are Upon Us...It Is Inevitable That The Price of Heavy Haul or Specialized Hauling Loads Will Go Up....Hopefully Slowly

From TruckingInfo.com
November 2011


For the first time since May, the national average price of a gallon of diesel has topped the four-dollar mark.

Diesel is up 2.3 cents from last weeks price survey to $4.011 per gallon the Department of Energy reported on Monday. The lowest regional average price was report in the Gulf Coast states at $3.903, while California posted the highest prices in the country, averaging $4.271 statewide.

Diesel is now nearly 84 cents a gallon higher that is was a year ago.

Gasoline prices, on the other hand, dipped 6.8 cents a gallon for a nationwide average of $3.368 per gallon, the biggest weekly drop posted over the past seven weeks.

Even as price march upward, U.S. fuel demand in October rose to the highest level for the month in three years, led by gains in diesel consumption, the American Petroleum Institute said.

Total deliveries of petroleum products increased 2.5% to 19.4 million barrels a day last month from a year earlier, the API said Monday in a report. Year-to-date consumption has averaged 19.2 million barrels a day, up 0.1 percent from the same period in 2010.

"Our economy is growing modestly and the overall demand numbers support that," John Felmy, chief economist with the Washington-based API, said in the report.

Consumption of distillate fuels, a category that includes diesel and heating oil, rose 12% to 4.24 million barrels a day in October, the highest level for the month since 2006.

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Related articles

• Can you save with diesel? (motorbase.com)
• Petrol prices starting to rise (autonetinsurance.co.uk)
• Gas Paradox: Falling Demand, Rising Prices (blogs.wsj.com)
• Diesel prices hit £6.50 a gallon (autonetinsurance.co.uk)
• Diesel and heating oil prices hit 3-year high (cbc.ca)
• Commodities Corner: Heating oil, diesel and gasoline make a toxic mix (marketwatch.com)
• Oil price rises on encouraging economy news (seattlepi.com)
• Are Diesel Exports Keeping US Gas Prices High? (VLO, MPC) (247wallst.com)
• AMSOIL Diesel Recovery Now Available In Larger Containers (prweb.com)
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Even The Largest Specialized Hauling Cargo Is Fair Game To Con Artists!

Now More Than Ever You Need To Know Who Your Specialized Hauler Is....

As you have probably read, cargo theft is on the rise. Not just traditional hijacking but sophisticated schemes that read like something out of a Hollywood heist movie. Con Artists are using fake storefronts, convincing internet sites, substantial storage warehouses, and unparalleled daring in choosing bigger and bigger targets.

I recently read of a group of con artists stealing multiple tractor trailer loads of tomatoes from farmers in the summer. Think about what would have to happen to pull something like that off:

• Crooks would have to organize a fake storefront online

• Crooks would have to organize drivers, warehouse personnel, bookkeepers, and ‘face’ men willing to run the scheme without mistake

• Crooks would be operating under a short window to liquidate a very perishable item. Tomatoes would have to be kept garden fresh or they would lost their resale value within hours

• Crooks would have to be like Houdini, transporting loads this large and obvious without arousing suspicion

• Crooks would have to worry about someone seeing something as bucket load after bucket load of tomatoes are moved somewhere and unloaded. Think of how many big schemes get foiled over the smallest detail

Where am I going with this? Even big loads, like specialized hauling of giant pieces of equipment and material, is no longer beyond the realm of these gangs. Some of the shipping companies you are dealing with may be nothing more than smooth fronts to steal you blind.

So what can we do? Deal with a well know reputable firm. Come see their facility and verify that they are real. East Coast Truck and Trailer has a real facility, real people, and a real reputation. We deliver specialized hauling loads and can prove that we are reputable. If you require the movement of large cargo, to and from the Port of Virginia, please call or visit East Coast Specialized Hauling. Our website is eastcoastspecializedhauling.com

Texas DOT Removing Nighttime Truck Speed Limit Signs - Truckinginfo.com

Image via WikipediaFrom Truckinginfo.com
November 2011

The Texas Department of Transportation has begun work to remove the 65-mile per hour nighttime speed limit and all truck speed limit signs on Lubbock District roadways.

House Bill 1353, which took effect on September 1, eliminated the 65-mile per hour nighttime speed limit and all truck speed limits on Texas roadways.

"This week, contractors began removing 950 nighttime and 1050 truck and truck nighttime speed signs in the Lubbock District's 17 county area," said Doug Eichorst, P.E., Lubbock District Engineer. "This should be a relatively fast moving operation and we anticipate that it will take approximately four weeks to remove all the signs in our district."

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Commentary

This will certainly help get some of our larger payloads back and forth. Any specialized hauler knows time is money. Many of our clients are on tight schedules and every little bit of time we can gain helps



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