American Trucking Associations and a group of trucking companies Thursday launched a program of initiatives to move the trucking industry toward a more sustainable future, which includes steps to reduce carbon dioxide emissions from heavy trucks.
May 8, 2008Fuel
FedEx Cuts Fourth-Quarter Earnings Outlook
FedEx Corp. said late Friday it is cutting its fiscal fourth-quarter earnings guidance, blaming a steep increase in fuel costs.
May 9, 2008Government, Business, Safety, Fuel
ATA Unveils Sustainability Initiative for Trucking Industry
Government, Business, Fuel
Wholesale Inventories Decline in March
Wholesale inventories fell 0.1% in March, led by a decline in crude oil supplies, the Commerce Department said Thursday.
May 8, 2008Business, Fuel, Government, Safety
Atlas Air Reports First-Quarter Loss
Air cargo company Atlas Air Worldwide Holdings said Thursday it lost $5.3 million, or 25 cents a share, in the first quarter, compared with a profit of $6.2 million, or 29 cents, a year ago.
May 8, 2008Business, Fuel, Government
Oil Surges Past $123 a Barrel
Oil prices continued to surge, pushing past $123 a barrel for the first time Wednesday, even as a Department of Energy report showed supplies improved last week, Bloomberg reported.
May 7, 2008Government, Business, Safety, Fuel, Logistics
ATA Calls for 65-MPH Speed Limit to Curb Fuel Consumption
An American Trucking Associations official asked a congressional panel to set a national speed limit of 65 miles per hour, as part of a series of steps ATA said would support the trucking industry’s efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008Government, Business, Safety, Fuel, Equipment
Letters to the Editor: Idling, Govt. and Fuel, Owner-Operators, Time for Protest
Your front-page article April 7 about auxiliary power units possibly saving on fuel quoted an APU maker’s spokesman who stated (like many others I have seen) that idling truck engines use up to 1.8 gallons of fuel an hour.
May 6, 2008Fuel, Business, Government
DOE Boosts Diesel-Price Forecast
Diesel fuel will average $3.94 per gallon at the pump this year — more than a dollar over last year’s average and higher than the $3.62 forecast issued last month, the Department of Energy said.
May 6, 2008Fuel, Business, Government
DeFazio Says Congress Should Help Truckers Hit by Fuel Costs
A key Congressman said lawmakers should help the trucking industry cope with diesel prices that have risen 45% in the past year, Bloomberg reported.
May 6, 2008Government, Business, Safety, Fuel
Oil Soars Past $122; Regulators Considering More Oversight
With oil soaring to new records — crude surged past $122 a barrel on Tuesday for the first time — federal regulators are considering stricter regulation of the oil industry, the Wall Street Journal reported Tuesday.
May 6, 2008