About 200 people packed a legislative meeting in Ohio Tuesday to hear testimony on the potential impact of DHL鈥檚 plans to switch its domestic air cargo to UPS Inc., the Associated Press reported.
August 20, 2008BusinessFuel
Oil Pushes Past $116 as Gasoline Inventories Fall
Crude oil rose more than $1 Wednesday to top $116 a barrel, as gasoline inventories declined last week, Bloomberg reported.
August 20, 2008FuelBusinessLogisticsGovernment
Diesel Falls Again, Dropping 14.2垄 to $4.207 a Gallon
Diesel fuel鈥檚 national average retail price fell for the fifth straight week Monday, plunging 14.2 cents to $4.207 a gallon, the Department of Energy said Monday.
August 19, 2008FuelBusinessSafetyGovernmentEquipment
Westport Begins Trading on Nasdaq
Westport Innovations, which makes alternative fuel transportation technologies, said Monday it has begun trading on the Nasdaq stock market.
August 18, 2008BusinessFuelGovernment
UPS Expands Domestic Air Service
UPS Inc. said Monday it is offering 鈥渟ignificant enhancements鈥 to domestic on-call pickup service in for air packages.
August 18, 2008GovernmentBusinessSafetyFuel
Sept. 8 Hearing Set for ATA Suit on Calif. Ports鈥 Clean Truck Plan
American Trucking Associations said the U.S. District Court of Los Angeles has set a Sept. 8 hearing date on ATA鈥檚 motion for preliminary injunction on the harbor commissions of the ports of Los Angeles and Long Beach, Calif.
August 18, 2008FuelBusinessLogisticsGovernment
Editorial: Fuel Prices Power Technology
We鈥檝e now had four reasonably sharp weekly declines in the national average price of diesel fuel. While retail prices have dropped more than 41 cents a gallon over that span, the average is still astronomically high 鈥 $1.506 more than the average one year ago.
August 18, 2008BusinessFuel
N.C. Ethanol Plant to Open Next Year
A $100 million ethanol plant built by a company that also plans to invest in a carbon dioxide plant and a trucking company and is scheduled to open in North Carolina next year, the Associated Press reported.
August 18, 2008BusinessFuelEquipment
Cummins Reverses Course, Will Use SCR for 2010 Engines
Engine manufacturer Cummins Inc. last week reversed its decision to use only exhaust-gas recirculation to meet 2010 emission standards and said it would instead use urea-based selective catalytic reduction to cut the new engines鈥 fuel consumption.
August 18, 2008FuelBusinessLogisticsGovernment
Diesel Drops 14.9垄 to $4.353 a Gallon
The national diesel average declined 14.9 cents last week to $4.353 a gallon, the fourth straight drop that has lowered the price of trucking鈥檚 main fuel by 41.1 cents a gallon, the Department of Energy reported.
August 18, 2008