Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today鈥檚 fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel

Quality to Acquire Boasso America

Tanker carrier Quality Distribution, Tampa, Fla., announced Thursday it will pay $60 million to acquire privately-held Boasso America Corp., a Chalmette, La., company that provides tanker cleaning and maintenance services, Bloomberg News reported.

August 3, 2007
Business, Government, Fuel

Oil Closes at Record $78.21 a Barrel

Crude oil futures closed at a record $78.21 a barrel Tuesday, breaking the previous closing-price record of $77.03 set last summer, the Associated Press reported.

August 1, 2007
Fuel, Business, Logistics, Government

Diesel Dips 0.3垄 to $2.886; Gasoline Tumbles Again

Diesel fuel鈥檚 national average pump price dipped 0.3 cent to $2.886 a gallon, while gasoline continued its downward trend, falling 8.2 cents to $2.876, the Energy Department said Monday.

July 31, 2007
Government, Business, Safety, Fuel

Iowa Lifts HOS Rules for Fuel Haulers

July 25, 2007
Government, Business, Safety, Fuel

Volvo鈥檚 Second-Quarter Earnings Plunge

Truck maker Volvo AB posted its biggest profit decline in 18 months after stricter emissions rules caused U.S. truck sales to plunge 54%, Bloomberg reported Wednesday.

July 25, 2007
Business, Fuel, Safety, Government

Paccar鈥檚 2Q Income Dips on Lower Sales

Heavy-duty truck maker Paccar Inc. said Tuesday its second-quarter profit fell 19% as North American heavy-duty truck demand declined due to new U.S. clean air regulations.

July 24, 2007
Business, Fuel, Government, Safety

Forward Air鈥檚 Income Dips; Plans to Buy Indiana Carrier

Forward Air Corp., a contractor to the air cargo industry, reported its second-quarter profit declined, and the company said it would acquire an Indiana carrier.

July 24, 2007
Fuel, Business, Logistics, Government

Diesel Holds at $2.889; Gas Drops 9.1垄 to $2.958

Diesel fuel鈥檚 national average pump price held at last week鈥檚 level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.

July 24, 2007
Business, Fuel

FedEx LTL Units Cut Fuel Surcharges

FedEx Corp.鈥檚 less-than-truckload FedEx Freight unit said Monday it will reduce its standard LTL fuel surcharge by 25%, effective immediately.

July 23, 2007
Fuel, Business, Government

Diesel Price Rises 4垄 to $2.889

The average U.S. retail price for diesel fuel reached its highest level since September last week after rising 4 cents to $2.889 a gallon, the Department of Energy reported.

July 23, 2007