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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, 2008

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, 2008

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, 2008

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, 2008

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, 2008

Oil Closes Week Below $114

Crude oil continued its slide of the last few weeks, falling $1.58 Friday to close the trading week at $113.43 a barrel on the New York Mercantile Exchange, Bloomberg reported.

August 15, 2008

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

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, 2008

Deutsche Post Chief Defends DHL-UPS Air Deal

Deutsche Post Chief Executive Officer Frank Appel defended the company鈥檚 DHL unit鈥檚 pending deal with UPS Inc. under which DHL Express would contract out its North American air operations to UPS, the Wall Street Journal reported Thursday.

August 14, 2008

Cummins to Add SCR Technology in 2010 Engines

Diesel engine maker Cummins Inc. said Wednesday it will add selective catalytic reduction aftertreatment to its heavy-duty 2010 engines.

August 13, 2008