Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008Business, Fuel
L.A. Port to Banish Owner-Operators Under Emissions Plan
Port of Los Angeles officials last week approved the final piece of the port鈥檚 sweeping plan to dramatically reduce diesel emissions by replacing and retrofitting dirty trucks through a controversial employee-only business model that will phase out independent drayage operators.
March 24, 2008Business, Fuel, Government
Diesel, Gasoline Hit New Highs
Retail diesel and gasoline prices again set U.S. records last week as the diesel average flirted with $4 a gallon, according to the Department of Energy.
March 24, 2008Business, Safety, Fuel
ATA Asks for Oil Release from Strategic Petroleum Reserve
American Trucking Associations asked President Bush in a letter this week to help 鈥渂urst the bubble in the crude oil market鈥 by releasing oil from the Strategic Petroleum Reserve.
March 21, 2008Business, Government, Fuel
Oil Dips Below $100; Has Lowest Closing Price in Two Weeks
Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.
March 20, 2008Business, Safety, Government, Fuel, Technology, Equipment
Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, 鈥淏e Ready to Explain Your SAFER Scores,鈥 is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is 鈥 and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008Fuel, Business
Werner Warns on 1Q Earnings Due to Sluggish Demand, Fuel Costs
Truckload carrier Werner Enterprises said Wednesday it expects its first-quarter earnings to fall substantially below last year鈥檚, the Associated Press reported.
March 19, 2008Business, Fuel, Government
Oil Prices Take Biggest Drop Since August
Business, Fuel, Safety, Government
Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008Fuel, Business, Logistics
Diesel Jumps 15.5垄 to Record $3.974 a Gallon
Diesel fuel鈥檚 national average jumped another 15.5 cents Monday, to $3.974 a gallon, for its fourth straight record high, the Department of Energy said Monday.
March 18, 2008Business, Fuel, Government
EPA to Award $5 Million for Midwest Clean-Diesel Projects
The Environmental Protection Agency鈥檚 Midwest Clean Diesel Initiative said Friday today announced that it expects to award about $5 million in grants for diesel-emission reduction projects in five Midwestern states.
March 17, 2008