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  • Truckers catch a break at the pump

    Date: October 25, 2018

    LLN (10/24/18) – Truckers finally catch a break at the pump. Also, the stock market has taken a bit of a hit lately and interest rates are on the rise, but that may not be reason for concern. Freight and rates continue their slump. And the debate over how to fund transportation has become an election year political football.

    0:00 – 10:11 – Newscast

    10:11 – 24:41 – Economic factors not a cause for concern

    24:42 – 39:11 – Freight and rate slump; relief on diesel prices

    39:11 – 49:22 – Debate over funding transportation

    Segment 1

    Newscast

    • A new law in Pennsylvania will allow speed cameras in work zones on interstates and federal highways. The five year pilot program will authorize the Pennsylvania Department of Transportation and the State Turnpike Commission to use the cameras along affected roadways. Signs will be posted at work zones where the cameras are in use. You can read more from Land Line Magazine: New Pennsylvania law permits use of speed cameras.
    • Tony Smith of Indianapolis, Ind., has been recognized by the Owner-Operator Independent Drivers Association for 23 years of safe, accident-free driving as part of the OOIDA Safe Driving Award Program. Learn more about the OOIDA Safe Driving Award Program.

    Segment 2

    The stock market has taken a bit of a hit lately and interest rates are on the rise, but that may not be reason for concern. Terry Scruton talks with Steve Freidell, senior vice president and co-owner with Central States Capital Markets.

    Segment 3

    Freight and rates continue their slump, but things should be picking up soon. Terry Scruton talks with Peggy Dorf of DAT. Also, truckers finally catch a break at the pump as diesel prices slip for the first time in two months. Terry has our weekly update.

    Segment 4

    The debate over how to fund transportation has raged for years with no result – or a solution in sight. Now, that debate has become an election year political football. Mark Reddig gets an update from Collin Long of OOIDA’s Washington, D.C., office.