Diesel fuel will average $4.18 a gallon this year and $4.27 in 2009, the Department of Energy said Tuesday.
August 12, 2008Search
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Green Truck Stop Set in Virginia
A new truck stop opened on U.S. 220 that conducts a 鈥渇arm-to-fuel鈥 operation by using canola seed to make biodiesel, the Associated Press reported.
August 11, 2008Mass. Governor Signs Biofuels Law
Massachusetts Gov. Deval Patrick (D) signed a law to promote the use of biofuels, reducing greenhouse gas emissions by at least 50% in the state, the Associated Press reported.
August 11, 2008Diesel Plunges 14.9垄 to $4.353
Diesel fuel鈥檚 national average pump price continued to slide Monday, falling 14.9 cents to $4.353 a gallon, the Energy Department said.
August 12, 2008Letters to the Editor: Lower Speed Limits, Biodiesel Defended
More and more, we are hearing that fleets are cutting back truck top speeds to well below the speed limits in order to increase fuel economy. Does everyone understand that time is money?
August 11, 2008Congress to Review UPS-DHL Air Accord
A congressional panel next month plans to review a plan by UPS to DHL Americas鈥 air shipments, Bloomberg reported late Friday.
August 8, 2008Oil Closes Week Near $115 a Barrel
Crude oil fell $5 to its lowest level in more than three months Friday, dropping briefly below $115 a barrel before rebounding slightly, Bloomberg reported.
August 8, 2008Diesel Drops 10.1垄 to $4.50 a Gallon
The cost of retail diesel fell another 10.1 cents last week to $4.502 a gallon, the third-straight weekly decline in the national average that has cut 26.2 cents from trucking鈥檚 main fuel, the U.S. Department of Energy said.
August 11, 2008Warehousing: Fleets Acquire Storage Space to Expand Role in Supply Chain
The cost advantage offered by shipping direct and avoiding paying for warehousing and inventory is dwindling, possibly forever, as the price of fuel rises. As a result, more carriers have started looking at warehousing to play a larger role in the logistics process.
August 11, 2008Trucking Bankruptcies Double; 1st-Half Capacity Loss Is 4.5%
Trucking company bankruptcies more than doubled in the second quarter, soaring 118% from last year as high fuel prices pushed 970 U.S. carriers out of business, a leading industry analyst said.
August 11, 2008